Under the Carter administration, gas prices increased by 103.77 percent. Gas prices since Obama took office have risen by 103.79 percent. No other presidents in recent years have struggled as much with soaring oil prices. Under the Reagan administration, gas prices actually dropped 66 percent. When Bill Clinton was president, gas prices grew by roughly 30 percent, and under both Bush presidencies, gas prices rose by 20 percent

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Junqueyardjim
Christianity, if false, is of no importance, and if true, of infinite importance. The only thing it cannot be is moderately important. C.S. Lewis



1983 Mercedes W123 240D 4 Speed 285,000 on the road with a 617 turbo, beautiful butter yellow, license plate # 83 240D INDIANA

2003 Jaguar Type X, AWD. beautiful, good mileage,
Mom's car, but I won't let her drive it!

It is true. I did vote for Jimmy! Big mistake and I lost my respect for liberalism. Yup, it all went south. Won't be long and we'll see Obama go south also. There won't be much money left so he probably won't get too far.

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Junqueyardjim
Christianity, if false, is of no importance, and if true, of infinite importance. The only thing it cannot be is moderately important. C.S. Lewis



1983 Mercedes W123 240D 4 Speed 285,000 on the road with a 617 turbo, beautiful butter yellow, license plate # 83 240D INDIANA

2003 Jaguar Type X, AWD. beautiful, good mileage,
Mom's car, but I won't let her drive it!

I've always been curious over how a president affects the spot price of gasoline markets.

It's a black thing, you wouldn't understand

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Happy Benzing
Darryl, Hill
2005 SL55 AMG Kleemanized
1984 500 SEC
1967 W113 California Coupe
[SIGPIC]
https://picasaweb.google.com/lh/myphotos

In February 2001, just after Mr. Bush took office, the average price of regular gasoline was $1.45 a gallon. By June 2008, that price had risen to $4.05.

http://www.nytimes.com/2012/04/01/business/gas-prices-are-out-of-any-presidents-control.html

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On some nights I still believe that a car with the fuel gauge on empty can run about fifty more miles if you have the right music very loud on the radio. - HST

1983 300SD - 305000
1984 Toyota Landcruiser - 190000
1994 GMC Jimmy - 203000

https://media.giphy.com/media/X3nnss8PAj5aU/giphy.gif

Good. Maybe it will be the awakening that Americans need to start seriously thinking about alternative fuels and means of transport.

I don't know spdrun. I'm thinking it is going to take $7/gallon gasoline for it to finally dawn on the folks that the gas hawgs have got to go.

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Jim

So the gas price went up 279% under Bush watch and the OP statement is NOT a true statement. No President can fix the gas prices, the Economy, Stock Market and if any candidate claims it can be fixed then he/she is lying.

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Not MBZ nor A/C trained professional but a die-hard DIY and green engineer. Use the info at your own peril. Picked up 2 Infractions because of disagreements. NOW reversed.

W124 Keyless remote, PM for details. http://www.peachparts.com/shopforum/mercedes-used-parts-sale-wanted/334620-fs-w124-chasis-keyless-remote-%2450-shipped.html

1 X 2006 CDI
1 x 87 300SDL
1 x 87 300D
1 x 87 300TDT wagon
1 x 83 300D
1 x 84 190D ( 5 sp ) - All R134 converted + keyless entry.

It's killing middle America. My poor farming friends are getting killed on the price of fuel and corn.

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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman

According to a Gallup poll, the average response was $5.30 per gallon before they said it would have a substantial effect on lifestyle. Some folks had a lower number, others higher.

Using corn to make HFCS when sugar beets or good 'ol Cuban sugar cane would do is sheer lunacy. Using corn to make ethanol when abundant natural gas supplies exist also smacks of crazy ... let's see, takes more energy to make than you get from burning it!

THOSE things are driving up corn prices; talk about imbecilic gov't policies.

Were these prices the direct result of the policies of the then-sitting Presidents?

The claim of % change obviously depends on at what arbitrary moment in time you choose your number. I choose the least favorable moment for the Bush comparison...

Agreed, gas prices and who is the sitting President are not related, despite what people wish to believe.

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On some nights I still believe that a car with the fuel gauge on empty can run about fifty more miles if you have the right music very loud on the radio. - HST

1983 300SD - 305000
1984 Toyota Landcruiser - 190000
1994 GMC Jimmy - 203000

https://media.giphy.com/media/X3nnss8PAj5aU/giphy.gif

It would be called " leadership" A cohesive energy policy that meets current demand and provides incentives for alternate energy sources would be a good start. So would an administration that doesn't look like its on a crusade to destroy capitalism.

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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

That sounds fine in theory, in practice not quite so easy. Over the last couple of decades China and India have come "online". This means literally over a billion new consumers of oil. that didnt' exist before.

Oil reserves are not infinite, though they are probably greater than the doomsdayers would like. However the mere quantity is only part of the story. You have to be able to extract it economically in order for prices to remain low. If the cost of extraction rises so does the price at the pump. So oil sands, deep water deposits, reserves in the arctic are all well and good, but turning that into stuff that folks can afford at the pump is quite a different matter, and that's without factoring China and Indias demand into the equation. The US could attempt a policy of forcing it's oil companies to sell only to US consumers but that will never happen. You will not be able to keep the US companies from selling their product to the highest bidder on the world market as that would prevent them from profiting from the increased prices that the future demand from China and India will bring.

In other words, the price of gas is trended inexorably up over time. Get used to it. Any given president has very little influence over it in any direction.

- Peter.

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2021 Chevrolet Spark
Formerly...
2000 GMC Sonoma
1981 240D 4spd stick. 347000 miles. Deceased Feb 14 2021
2002 Kia Rio. Worst crap on four wheels
1981 240D 4spd stick. 389000 miles.
1984 123 200
1979 116 280S
1972 Cadillac Sedan DeVille
1971 108 280S