Before the crash of 2008 the price had already begun to fall dramatically. That was a result of the July promise of drilling moratoriums being lifted and the reality of that at the end of September. The price dropped to the $1.30's by December and stayed there until the week before obama's coronation. Upon his pronouncements and reimposition of drilling restrictions, beginning on January 11, 2009, the price went up and stayed up an average of $2 too high for the duration of his reign.
That has more consistently impacted the economy way more than any crash did. Obama energy policy has kept our economy in the hole and attempts to deflect from that are nothing more than partisan lies.
What a terrible re-write. Not even close to reality.
Prices were still in the 3.50 range as late as October of 2008. President Obama also was all for opening the entire east coast for exploration and announce his plan in March 2010. He certainly didn't impose any restrictions on Jan 11, 2009, he wasn't even President then. OF course he imposed a deep water drilling ban in the Gulf after the Deep Water Horizon explosion and spill but that never effected production wells or shallow water exploration and drilling.
http://www.nytimes.com/2010/03/31/science/earth/31energy.html
Furthermore.......The Obama administration is reopening the Eastern Seaboard to offshore oil and gas exploration, announcing final approval Friday of sonic cannons that can pinpoint energy deposits deep beneath the ocean floor.
Federal government opens East Coast to oil search News - Home
Now look at the date between your link and this one...
Bush-era offshore drilling plan shelved - US news - Environment NBC News
That leaves six years of obama economic oppression. And you need a history lesson, I don't make rewrites. I drove cross country beginning January 11, 2009 and had to budget my trip according to the price of gas every 300 miles. My first tanks the price was in the $1.30's and by the time I returned home on January 23, the price was already at $1.80 and climbing.
Stop excusing the worst president in modern history. You make yourself look foolish.
President Bushes announcement in July didn't effect the price of gasoline in Nov. That drop was caused by a glut in the gas inventories due to so many Americans no longer driving to work every day.
There is no excuse for Ronnie Raygun who is well known as the leader of the most corrupt modern day presidencies.
Oh and your link no longer works.
Dishonest partisans like you cost me and every household in this country tens of thousands of dollars -- so far. Don't waste my time, too. The link works fine. Just not convenient to your agenda and propaganda.
The link said page no longer available. From your article. "Then,
four days before leaving office, officials in the Bush administration issued the
draft plan, which called for energy leases in areas that until recently had been off limits for a quarter century."
Furthermore President Obama continued and even announce a broader plan including East Coast, West Cost and Arctic Coast waters. But that wasn't what effected gas prices at the end of 2008. It was the recession.