http://www.buzzflash.com/articles/analysis/314Submitted by meg on Tue, 06/24/2008 - 11:27am. Analysis
A BUZZFLASH NEWS ANALYSIS
by Meg White
On June 21, 2000, the main headline on Drudge Report shouted that Bush was blaming Clinton and Gore for "high" gasoline/oil prices.
And that, to reiterate, was the year 2000:
In the first half of 2000, gas prices were in the news. Everyone was upset, as oil had been around $10 a barrel the previous year. That spring, the price more than doubled, and it was an election year. So the blame had to go somewhere.
Vice President and Democratic nominee Al Gore blamed oil companies. Texas Governor and Republican nominee George W. Bush blamed President Bill Clinton.
Now that Exxon-Mobil posted record-high earnings, oil is nearing $140 a barrel, and Bush has been in the White House long enough to have affected energy policy, it's no shock that the president's blame game has shifted. So Bush blamed Clinton for gas prices doubling, while prices have increased to record levels under his administration. Bush himself admits that oil prices under his administration have gone up seven-fold!