Bush Administration Drives Oil Prices

This will be a short post as time has become limited with the new baby, but I thought that I must share this with you all.

Do you think that it is important to look at possible ulterior motives of government administrators when casting your vote?

Check out the following graph to see what President Bush accomplished during his term in the White House. (Remember, Bush is an “oil man”)

Bush Drives Up Oil Prices

A Dividend Money reader just passed on a quote from a recent Bill Maher Show that I thought would be fitting to share here:

“You know that since George Bush has become president, gas has basically tripled in price. Now, Bush is an oil man. I’m not a conspiracy theorist, I’m just saying that if we had elected Colonel Sanders president, and the price of chicken had tripled, I’d be a little suspicious.” –Bill Maher

7 comments

  1. WOW!

    It never ceases to amaze me at how Bush can be a diabolical genius and an absolute dunce all at the same time. I mean, he must wield tremendous power to control China’s need for oil, as well as India’s economic growth all the while suppressing the American economy almost single handedly despite the Herculean effort of the saintly Democrats to stop him at every turn!

    And then of course, he manages to manipulate the price of oil while not actually being invested in oil stocks, or being a part of “big oil” during his tenure in the white house. -Doh! What a dunce!

    But seriously, I have come to expect much better (or at least thoughtful) posts from you than this.

    Your “analysis” falls subject to the same false parallels that have been made popular on the bumper sticker “Nobody died when
    Clinton lied”. You might just as well say, “Nobody listened to iPods when Clinton lied” because it’s apples and oranges – the factors that dictate the events of the day are not the same.

    It’s a different world than it was 10 years ago, and it’s not all because of George Bush.

  2. Well, as much as I’m not a fan of George Bush I would like to point out that “correlation does not mean causation.” While he does pursue policies in the interest of family & friends I don’t think the situation can be laid at his feet. Even your chart shows that gas prices started increasing before he was elected in 2000.

    I now have to go wash my hands for writing a defense of the man…

  3. I come here looking for insights on investing and dividends. It’s a shame to see a political rant instead. Perhaps you couldn’t come up with a relevant idea today?

  4. I strongly believe that Bush is involved in the high oil price. Oil companies, speculators and Bush, they are all the same gangs. Politics can be dirty, those who can’t see that high oil price is a conspiracy between these people are too naive. By the way Bush has business connection with the Bin Laden family. Back in 2003 oil price is US$30. Oil price is now almost 5 times higher. It is not logic that oil demand in just 5 years suddenly increase by four or five times. To those who are still naive, I suggest check the fact, do more investigation, then use the brain to anaylse.

  5. I agree, with the graph. Bush must have gotten as rich with gas prices. Obama must be getting even more rich.

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