Democrats Blame Bush. Oh, wait, that's not news, is it? The sun rises in the East, June is warm while January is cold, and Democrats blame Bush for just about everything. Facts that everybody with a room-temp IQ should know about now.
But what are the real reasons for the price of crude oil going up? Let' ask Kim du Toit, shall we?
They get particularly incensed to discover, as Fred Leuffer points out in NRO, that a key reason for the high oil price is that the Bush administration is buying oil to top up the Strategic Petroleum Reserve (SPR), which was depleted by the Clinton Administration to help depress oil prices. Typical Democrats. Never mind national security: as long as Joe Citizen can afford to drive his minivan to Disneyworld, all's well with the world.
Anyone remember 1999? Oil prices went up, heating oil costs went up, and Bill Clinton/Al Gore opened the faucets to the SPR. While that in itself doesn't cause any kind of rage, the fact that they did not make plans to REFILL the SPR means that it was just one more problem that they kicked along down the road for someone else to clean up.
We still pay less per gallon than almost any other country on Earth. Try filling up your car in Canada. Make sure to take out a loan first.
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