I remember well the very first time in my life that I paid $20 for a tank of gasoline. At the time, I thought it was steep.
But during the "administration" of little Bush:
I paid $25 for a tank of gasoline for the first time in my life.
I paid $30 for a tank of gasoline for the first time in my life.
I paid $35 for a tank of gasoline for the first time in my life.
I fully expect that, the next time I go to the pump, I will be pretty darn close to $40 for a tank.
(In case you're wondering, I've driven three cars in that time, all made by the same manufacturer and all having the same size tanks. The latter two cars, however, used premium fuel, which is more expensive than regular fuel.)
While Little Bush was still fouling things up in office, I went from the US to Canada. Before moving, I paid $40 for a tank of gasoline for the first time in my life. One of the last things I did in the US was pay $45 for a tank of gas (in Michigan, on my way to Ontario), for the first time in my life.
I subsequently got a new (fuel-efficient) car in Canada, a car that uses regular gas. While Little Bush was still in office,
I paid $50 for a tank of gasoline for the first time in my life.
Thereafter, Barack Obama became president, and
I paid $55 for a tank of gasoline for the first time in my life.
I paid $60 for a tank of gasoline for the first time in my life.
Now, let it be remembered that Canadian gas prices are higher than US prices, in large part due to the taxes, and that the Canadian dollar is not the same as the US dollar. (When I checked the market two days ago, the Canadian dollar was worth more by about 2 cents, I believe.) Nevertheless, the US and Canadian markets track one another; when prices rise or fall in one country, they rise or fall in the other as well.
The reason I resurrect this thread is that there are now rumblings that a certain political party will try to convince voters that high gas prices are Obama's fault. This assumes, of course, that the electorate has no memory, or that it is made up of idiots (or both). When an oilmen-butt-smooching Texan dung-head held the office, gas prices rose more than just a wee bit. Is someone going to argue, seriously, that putting another oilmen's buddy in the White House is going to make gas prices more manageable for the consumer?