how come gas prices were $1.25/gallon during clinton's presidency and now they're almost $3/gallon? whos fault

Answer 1

Bush's love for Saudi coupled with Bush's deficit spending devalued dollar are the underlying problem.

Isn't it great to see the Bush oil family and the Saudis get even filthier rich off of the Iraq invasion.

Answer 2

Of course let's not bring up the lines and gouging under Carter. You can always tell who has ever traveled outside the U.S. when they cry about gas prices. The rest of the world has paid prices like these for over a decade. Keep crying instead of working to build a better America.

Answer 3

There is a finite amount of oil, being burned for fuel and heating, and being cracked for plastics, etc. When more people (you, me, and the populations of China and India, who are discovering and using the car with a vengeance) are using and depending upon a diminishing resource, the price of that resource will constantly increase.
Couple that with profit-oriented corporations who supported the winning candidate in two recent US presidential elections, and the cost of the resource will always be: What The Market Will Bear.

Answer 4

Before Clinton it was only $.70 per gallon... Why did it go up to $1.25 under Clinton?

Answer 5

The oil companies. While they enjoy records and skyrocketing profits, including huge tax breaks from the Bush administration, the last refinery they have built here was 35 years ago. And if they want to justify another increase, they just have to set fire to one, and Presto ! More increases. What a scam against the American worker. (The rich just take it off their taxes as a business expense)

Answer 6

a million. the cost of your dollar is sturdy now forty% of that of a dollar seven years in the past. So your place could have a value of 500,000 on the marketplace to be inspite of the cost it had 7 years in the past. 2. in case you sell now for 500,000, you pay the actual sources agent and the banks a minimum of 50,000 for the transaction. A apartment in Toronto for a hundred and ten,000 (US$) in 1999, is well worth now 420,000 (in US$) a house in Berlin for 350,000 (US$) in 1999, is well worth now a million,2 Million (In US$) A small hosue in London, England, will sell for 6 circumstances its value then 7 years in the past A apartment in Miami, for 250,000 in 1999, will stay today on the marketplace for as much as 3 years.

Answer 7

Congress -- and the oil companies that see the Middle East conflict as a good excuse to raise prices.

Answer 8

Because Bush is protecting America. Don't talk about the rising gas prices it is just what the terrorists want you to think. Besides that is not that much more money :)

Answer 9

anyone can blame it on bush if that's the answer you're wanting to hear. the whole government decided to go to war though, and that's what caused the gas prices to shoot up. not that the government made the wrong choice. it might've been high price, but it got rid of a potentially huge problem with Saddam. the gas prices are still high, yeah, and they should come down. but anyone who's ever bashed bush probably has never considered how difficult it might be to run a country, especially when most of the public disagrees with you.

Answer 10

George Bush, no doubt. there are many factors and Katrina seemed to open the door to abuse of these factors. I don't think Bush has any control over it. OPEC could have something to do with it, as they have inflated the price of a barrel of oil drastically since Clinton's presidency.

Answer 11

China's economy is growing tremendously, as it grows it sucks more and more oil out of the market place. Since production has not grown at the same pace, in fact it is lower now than then prices go up. It is a matter of supply and demand.