When oil was under 45 dollars a gallon under Reagan, what was the price at the pump

[tyroneweaver]

just curious

 

[Hossfly]

just curious

Barack Obama, 2009 - present, so far $3.965; Arab spring
George W. Bush, 2001-2009, $4.114, 9/11, wars in Afghanistan and Iraq
William J. Clinton, 1993-2001, $1.681, Osama bin Laden terrorist attacks
George H.W. Bush, 1989-1993, $1.345, first U.S. war with Iraq
Ronald W. Reagan, 1981-1989, $1.380, trading begins in oil and gasoline futures
James E. Carter Jr., 1977-1981, $0.860, a popular bumper sticker of the time was "Jimmy Carter, kiss my gas"
Gerald R. Ford Jr., 1974-1977, $0.620
Richard M. Nixon, 1969-1974, $0.390, first OPEC oil embargo, U.S. creates Strategic Petroleum Reserve
Lyndon B. Johnson, 1963-1969, $0.350, Arab nations try first oil embargo against countries supporting Israel; it fails.
John F. Kennedy, 1961-1963, $0.310
Dwight D. Eisenhower, 1953-1961, $0.310
Harry S. Truman, 1945-1953, $0.290
Franklin D. Roosevelt, 1933-1945, $0.210

Gasoline prices are rising again after a brief break - latimes

 

[TheOldSchool]

Crazy how it jumped from $1.681 to $4.114 in just one administration.

 

[tyroneweaver]

well if the price is the same for a barrel why is the price at the pump higher under obama

 

[nuhuh]

Ronald Reagan (1981-1989) was $1.11, $2.49 adjusted for inflation. The High Price of Gas Democrats vs. Republicans

 

[TheOldSchool]

well if the price is the same for a barrel why is the price at the pump higher under obama

Probably Obama commanded it to destroy America. Right?

You loon.

 

[Manonthestreet]

Crazy how it jumped from $1.681 to $4.114 in just one administration.

Was back down close to that when he left ........

 

[TheOldSchool]

Crazy how it jumped from $1.681 to $4.114 in just one administration.

Was back down close to that when he left ........

No it wasn't. Put the Kool Aid down.

 

[Manonthestreet]

Crazy how it jumped from $1.681 to $4.114 in just one administration.

Was back down close to that when he left ........

No it wasn't. Put the Kool Aid down.

Consider that the average price of a regular gallon of gas at U.S. pumps was $1.85 when Bush was sworn in for his second term in January 2005 and $1.84 when Obama took office in January 2009 on the promise of change, according to the U.S. Energy Information Administration. Trick question Who had higher gas prices Obama or Bush - San Jose Mercury News Dumbass

 

[Dont Taz Me Bro]

Crazy how it jumped from $1.681 to $4.114 in just one administration.

Was back down close to that when he left ........

No it wasn't. Put the Kool Aid down.

Gas prices fall below 1.87 - Nov. 26 2008

 

[nuhuh]

Average high gas price for a presidential term is Woodrow Wilson $3.40 per gallon. Lowest gas average for a presidential term is Bill Clinton $1.70 per gallon. The average over 100 years is Democrats $2.63 a gallon and Republicans $2.55 a gallon yet the fight is always so serious and the reality is so different.

 

[TheOldSchool]

 

[Manonthestreet]

2-1

 

[tyroneweaver]

the price at the pump varies, but what was the cost for a barrel of oil in comparison

 

[Manonthestreet]

Gas When Bush Left Office, $1.78 -- Gas Today, $3.64 -- Highest Average Price in Calif., $4.20 Gas When Bush Left Office 1.78 -- Gas Today 3.64 -- Highest Average Price in Calif. 4.20

 

[auditor0007]

just curious

The cost to refine the oil into gasoline has gone up considerably with inflation as has everything else. Just because the price of oil is the same does not mean the price of the end product will be the same. It is reasonable to expect that the end price would be much higher today, thirty years later.

 

[TheOldSchool]

2-1

From your link:

"Just before Bush left office at the end of 2008, gas prices were cut in half within a couple of months as the economy crashed."

So that's what you're judging Bush by?

Hey everyone! Bush crashed the economy! So for a tiny percentage of his Presidency at the very end after he destroyed our economy, gas was cheap again for like 2 seconds!

 

[auditor0007]

Gas When Bush Left Office, $1.78 -- Gas Today, $3.64 -- Highest Average Price in Calif., $4.20 Gas When Bush Left Office 1.78 -- Gas Today 3.64 -- Highest Average Price in Calif. 4.20

Let's not use the price when Bush left office as it was low due to no demand because of the crashing economy. I mean we could get the price down to that today if we laid off 5 million people.

 

[Moonglow]

Crazy how it jumped from $1.681 to $4.114 in just one administration.

and no inflation on the charts...

 

[Moonglow]

2-1

From your link:

"Just before Bush left office at the end of 2008, gas prices were cut in half within a couple of months as the economy crashed."

So that's what you're judging Bush by?

Hey everyone! Bush crashed the economy! So for a tiny percentage of his Presidency at the very end after he destroyed our economy, gas was cheap again for like 2 seconds!

let's do it again....