But gas prices did get up to nearly $4 under GWB’s term. That was on his watch. Let’s just say that presidents do not have power to control gas prices, and realize that it’s a full government process. Taxes, drilling, alternative fuels, and alternative transportation work together to bring about the price. My car died in October, and I haven’t bought a gallon of gas since. It’s probably the best thing that could have happened to my wallet. It’s forced me to make some changes to my lifestyle, but has not adversely affected me at all. A bus pass here in Austin costs $30 per month. That’s less than the cost of a tank of gas for one week. My parents want me to to take the $4000 that I have in the bank and put it on a new car, but I don’t think I will. I can get to my job across town with no problem, and I have tons of time to read. And I have plenty of money for anything else that might come up.
Check this out
April 24, 2006
Democrats Eager to Exploit Anger Over Gas Prices
By MICHAEL JANOFSKY
NY Times- one paragraph snip
Officials at the Democratic Congressional Campaign Committee, which advises House candidates, said they sent a memorandum to candidates on Thursday offering guidance on using the issue to their advantage. The memorandum includes a “sample statement” that recommends telling voters, “Americans are tired of giving billion-dollar tax subsidies to energy companies and foreign countries while paying record prices at the pump.”
http://www.nytimes.com/learning/teachers/featured_articles/20060424monday.html
Those prices were 3.00 /gal in SOME places.
But gas prices did get up to nearly $4 under GWB’s term...And what happened when he announced he was issuing permits for new leases? Dropped back under $2.00 because OPEC didn’t like that scenario.