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Thursday, April 3, 2008

Gas Prices...

Lets take a walk down memory lane. Why is it that in just seven years we have gas prices that seem to benefit only the oil companies. When Bush took office on January 20, 2001, the gas prices on a national average was $1.46/gal. Now, just seven years later we are at $3.29/gal. This is more than 125% increase!! Compounded annually, this represents about a 18% jump each year Bush has been in office.

When Clinton took office on January 20, 1993, the national average gas price was $1.06 per gallon. six and a half years later, the national average gas price had jumped to $1.22, roughly 15% higher. Compounded annually, this represents about a 2% jump each year.

Now ask yourself why prices have taken a steep climb in the last seven years. Can we blame the Iraqi war. The same didn't happen when we declared war in 1990. The problem seems to be once again the Bush administration. We have a group of people that have close ties with the oil companies. There are just too many people in the Bush administration that have their hands in the pants of the oil companies.

When the oil companies tell us that they made BILLIONS in profits over the last year and we have to pay for it, who is getting screwed. Then we have Bush telling the American people that "America is addicted to oil" (State of the Union, January 31, 2006 ) and that his administration was going to help rid us of this addiction:

To break the addiction, Mr. Bush announced new research into clean energy, including pollution-free autos and a push to make ethanol

"Breakthroughs on this and other new technologies will help us reach another great goal: to replace more than 75 percent of our oil imports from the Middle East by 2025," Mr. Bush told a joint session of Congress and a national prime-time television audience.
(via CBS News)
We need to take the next President to task and find a way to help relieve the stress of oil from the American people. We have the technology, but why haven't we created the answer? Bush and his administration helped to destroy America in many ways, the next president will have a long hard task in front of them. That is unless the next President is McCain. Then he will just follow in Bush's footsteps. God help us all if that happens.

With all that said, we are not the country that is paying the highest price for gas. How would you like to pay $4.00/gal. That is what India is paying. Still not the Highest though. Turkey is paying over $7.00/gal. Nice!

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