http://archives.cnn.com/2000/ALLPOLITICS/stories/06/23/gas.prices/index.htmlGOP lawmakers blame Clinton administration for high prices at the pumpJune 23, 2000
Web posted at: 4:34 PM EDT (2034 GMT)
WASHINGTON (CNN) -- House Republicans called Friday on the Environmental Protection Agency to lift cleaner fuel requirements in places hit hardest with rising gasoline prices and charged that the Clinton administration has long neglected to implement a national energy policy.
http://www.dailyfueleconomytip.com/miscellaneous/president-bush-and-gasoline-prices/President Bush and Gasoline PricesSeptember 10th, 2007 | by Brian Carr |
<snip>Regardless, we can save this conversation for another time. In the meantime, let’s get back to actual data regarding gas prices.
When President Bush took office on January 20, 2001, the national average gas price was $1.46 per gallon. Six and a half years later, on August 27, 2007, the national average gas price had jumped to $2.76, roughly 89% higher. Compounded annually, this represents about a 10% jump each year Bush has been in office.
Now, let’s compare the numbers over the same time period for President Clinton.
When Clinton took office on January 20, 1993, the national average gas price was $1.06 per gallon. six and a half years later, the national average gas price had jumped to $1.22, roughly 15% higher. Compounded annually, this represents about a 2% jump each year.
Even when you compare all of Clinton’s term (38% jump overall) against the first six and a half years of Bush’s term, the overall jump in gas prices between the two presidents isn’t even close. In order to meet Clinton’s “numbers” gas prices would have to fall to $2.02 per gallon - or roughly 36%.