Around five months ago when gas prices we're pushing $4 a gallon, many people were on here blaming president Bush (as if the president has anything to do with the price of gas). The trashing he took was amazing. But now, an interesting thing has happened. Gas prices have been dropping steadily for the past two months. They are now almost half of what they were at their peak. And yet I haven't heard a thing about the new low prices from any of those same people. After all, if it was his fault they were high, then it must be to his credit that they are back down...right? I haven't seen anyone THANK president Bush. Imagine that.

 

Thank you President Bush...not just for gas falling but for everything you've done for this country the last 8 years. I know it wasn't an easy road but you took it with pride and handled it to the best of your ability.

 

Gas prices are down mainly because demand is down, while supply (production) remained constant. Lately however, I've heard in the news that OPEC is thinking of cutting down production and thus bumping the oil $/barrel price higher.
So I wouldn't say Pres. Bush is directly responsible for the decline of gas prices; but it is because of consumers like us who drove (or actually drove our cars less for that matter) the prices down.

I will give him credit for making the US safer though. We are safer now than we were 7-8 years ago, with all the improved airport/port/customs/border security, etc.

 

Gas prices are down for another reason. Big 3 are in trouble (ford, GM, Chrysler) who wants to buy their big vehicles when a gallon of gas costs $5.00. Now that gas is down, they're hoping to sell a little bit more trucks and hummers, etc.

But, thanks Pres. Bush. without these companies, I'm out of work

 

That's exactly my point. President Bush is no more responsible for the low gas prices as he was for the high gas prices. The president simply doesn't controll that. I just think it's funny that so many people were on here blaming him for it but nobody wants to thank him when it's good. I was just kinda poking the hornets nest.

 

i've been driving the same every day week month and year

 

Gas prices are down because:

1) It's based on futures. The "future" of U.S. oil use, is higher efficiency and alternatives.

2) The moratorium on offshore drilling was reversed, paving the way for more exploration. (But B.O. might "change" that). The future drilling has an impact TODAY, due to how the system works.

3) Economy is down, production of goods is down, gasoline usage by trucking companies and corporations is down.

4) Worldwide, economies are slowing due to the decreased consumerism of the U.S.

5) Oil production worldwide was running at an all-time high for such a long time, to capitalize on the high prices. Just like during Carter's administration, there was a false fear that there wasn't enough oil to go around. Supplies worldwide gradually grew in spite of the prices, and when all the reserves were filled, all this oil flushed back into the market. Therefore, ACCESSIBLE supply is WAY up.

6) Investors, who are now spooked by the B.S. bailouts and socialization programs, are clinging to more reliable and conservative positions in the market... which, is far away from commodities, especially those which represent booming economies.

7) Ever notice that in spite of the 50% reduction in cost, Exxon & co. continue to set record profits? They make just as much on their gas now, as they did before... pennies per gallon... So what changed? Worldwide supply and immediate demand, mostly.

Blaming it on Bush, is like blaming Bjork for WWII.... But hey, it was "in vogue" and "trendy" to attack the president, so that's what you got. Expect conservatives to blame B.O. for everything, reasonable or not, just like the liberals did. It's just the nature of politics these days.

 

That's very true. But I for one have made a promise to give Obama a fair chance. I'm sure he'll do plenty to tick me off so I won't have to make stuff up.

 

thank you Bush now GTHO

 

thanks bush for getting thousands of troops killed for basically NOTHING

 

Get an education. Or, better yet, try talking to the troops that are serving over there and ask them if they think it's for nothing. I'll be glad to see us out of that hell-hole too, but it wasn't for nothing.

 

It is very true that hating on Bush was the "trendy" thing. People who don't know what is going on just jump on the bandwagon and hate Bush and blame him for everything.

I, on the other hand, dont know what is going on so I dont blame anyone. I just sit here...

 

Well, we went into Yugoslavia under Clinton as a "humanitarian mission," in order to "liberate the people"... Liberals had no problem with that.

Left-wingers have been whining about Darfur for years, calling for military action. Why would this "liberation" and "prevention of genocide" be any different than what we're currently doing for the Kurds ?

We got stuck for years in Vietnam... playing politics, which handicapped our own troops from using the resources they needed to win. We lost as many soldiers WEEKLY as we've lost in the TOTAL Iraq war. Of course, the cries for immediate withdrawal eventually were followed.... and guess what happened? The slaughter of thousands. These people would be alive, had we finished the job. Looks like we're replaying this scenario in Iraq, and just elected a president who wants a full retreat. Yippee.

No... our troops had more than one reason for going into Iraq. They've liberated the people from a cruel and ruthless dictator. Sure, no WMD's, but I consider that a good thing. And no, this war wasn't fought over "oil"... if we really wanted oil, WE'D DRILL IT OURSELVES, ON OUR OWN LAND.

A rhetorical question... is it too hard to accept that the United States actually does GOOD in the world ? Seems like we blame our country for just about anything...