June 17, 2009

Oil On The Rise: Who's To Blame?


When oil reached its height in price during the Bush Administration, the media and the Left were quick on the trigger to lay blame to the President. Bill Maher said, "You know that since George Bush has become president, gas has basically tripled in price. Now, Bush is an oil man. I’m not a conspiracy theorist, I’m just saying that if we had elected Colonel Sanders president, and the price of chicken had tripled, I’d be a little suspicious." (as quoted on http://dividendmoney.com/bush-administration-drives-oil-prices/) According to MarkMellman of TheHill.com, "Americans are most likely to blame oil companies for high gas prices, but the Bush administration also shoulders a large share of responsibility." (posted 10/12/2005).

Oh yes! The rage against Bush and his oil dealings flooded the hearts of intellectual light-weights across this country. I'm so glad Obama is President and that we are now enjoying lower gasoline prices because of lower oil prices. Accept, the price of oil was between $30 and $40 a barrel on the last day of the Bush Administration. We are almost half way through the first year of the Obama Administration and oil closed up today at 70.63 a barrel. Hmmm...where is the outrage?! Oil hit its lowest points of 2009 in February and now has risen by about 57% over the last 3 1/2 to 4 months. Do you think Obama is going to do anything about it?! Do you think he is going to start more domestic drilling or institute the construction of more oil refineries? Of course not. He's too busy tackling the more important issues like health care "rights" for gay couples and spending our country into the debt vortex of socialism.

Oh well, at least we have the Republicans to rescue us, right?

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