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Original Message
Neither credit nor blame.
Posted by ghost of olddude55 on May 12, 2022 at 08:50:11:
The last time gas prices were this high, Obama had just been inaugurated. By his last year in office, the price per gallon had dropped about 50%. He doesn't deserve the credit, just like neither he nor W deserved blame for $4/gallon gas.
If Trump had been re-elected, we'd be (incorrectly) blaming him for high gas prices instead of Biden. Because we still would have had high gas prices. And inflation.
Energy companies overproduced and got caught with their pants down during the pandemic. They say they're not going to make that mistake again (though they probably will). They're not going to increase production and we all need to get used to higher prices. Tough titty.
Americans failed to learn any lessons from Katrina, for that matter from the oil shocks of the 1970s. We want big cars, vehicles that are more about ego stroke than transportation needs. Americans think cheap gas is a birthright, then they roll out the door and mortgage the next 9 years for a Jeep Grand Wagoneer and cry like toddlers when it costs $80 to fill the tank.
Americans love the free market and want government to butt out until the free market bites them on the ass. Then they demand that government "do something."
We're a nation of spoiled children, far beyond the control of any president.