That graph for the Bush years is off. Bush started the inflation of Oil "Because!", it got damn near $5.00 a gallon in 2005. If you recall Oil would spike every time the middle east rattled a sword. But then they just claimed we were at peak Oil(Where did that go?) and just raised the price due to all of the speculation. By time Obama got in office the price of Oil was already baked in.
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If you recall Oil would spike every time the middle east rattled a sword. But then they just claimed we were at peak Oil(Where did that go?) and just raised the price due to all of the speculation. By time Obama got in office the price of Oil was already baked in.