Monday, May 14, 2007

there is a very real issue as to whether George Bush directly caused the doubling of gas prices in America.

The subtle, important differences of having Democrats in power | by John Aravosis (DC) · 5/14/2007 11:25:00 AM ET

Note the AP headline: "Democrats prod automakers on mileage"

Let me remind you of how quickly things have gone to hell. Gas prices averaged $1.60 a gallon in February 2003. Then Bush went to war in Iraq one month later, and prices have soared ever since. So there is a very real issue as to whether George Bush directly caused the doubling of gas prices in America. You can't blame September 11 for the increase beyond $1.60 - the $1.60 price was a good year and a half after September 11. And four months before September 11, gas prices were averaging $1.70 a gallon. And actually, gas prices fell in the months following September 11 - for example, gas prices averaged $1.24 a gallon six weeks after September 11. Thus, September 11 had no effect whatsoever on long-term (or even medium-term) gas prices.
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