How is a price an illusion? The price for Jan 2009 was an outlier, sure, as gas prices, after being extraordinarily high Summmer of 2008 dropped massively from September to December and just started to go back up again, more slowly, in Jan 2009.
It's disingenuous to imply that the Jan 2009 prices were the norm and to ignore the extreme volatility of those years, but strictly speaking, gas prices are now almost twice as high as when Obama took office (average regular unleaded is about 90% higher). Of course in July 2008 the price for regular unleaded was 160% higher than when Bush took office.
The price was an illusion because of what was happening in the market at the time.
You're an intelligent guy who is obviously aware of what was happening and why. I get your point that the price is what the price is but like you said, that wasn't the norm or even approaching it....it was a flash in the pan.
You are way to generous.
But what was the situations a few months before those gas prices hit that 1.80 mark?
Well for me I had lost at least 200k in equity on property. And 120k in 401k money.
I had pretty good gas prices for a few months. But I couldn't enjoy it because I lost so much damn money during George Bush's economic collapse.
Sure am glad the stock market came back. And property values are climbing.
But I am sure that if I could just make like a rethug I would feel better blaming Obama.
Now we have N Korea with nukes and the ME ready to go to full out war and gas prices are rising.
And rethugs can't figure out why. All they know is that it must be Obama's fault.
Learn a lesson from your man George Bush; when the ME is in conflict, gas prices rise.
Gee was that hard or what?