Under what party did gasoline and oil prices reach their peak? Republican, of course.

Republican Governor Bobby Jindal, not known for his analytical skills, is now claiming that gasoline and oil prices have reached their highest levels in years (if ever) under the Obama presidency.  Perhaps Jindal is too young to remember that, in fact, gas and oil prices were higher under – who? – Republican President George W. Bush.

Politico, quoting Jindal’s lie:

The reality is, gasoline prices have doubled under this president, highest prices for oil and gasoline in a 150 years. People used to think it was because of incompetence from Obama administration on energy – I think it’s because of ideology. They’re pursuing a radical environmental ideology,” Jindal said on “Fox & Friends.”

In fact, the monthly average retail price of gasoline peaked at $4.26 a gallon in inflation-adjusted dollars less than four years ago, in June 2008. It then plummeted to $1.80 a gallon in the next six months during the global financial collapse. Oil isn’t near historic highs either.

Kudos to Politico’s MJ Leee for catching the lie.  In other words, gasoline prices reached their peak – wait for it – during the George W. Bush presidency, that would be the Republicans.  Note the chart below, red is gasoline prices under Bush, blue is gas prices under Obama.  Guess who wins?

Click chart for larger version.

And if you look back even further, it appears that George Bush’s peak gasoline price was tied for the highest ever (adjusted for inflation, noted as the “real” price in the chart I link to), and Bush’s tie wasn’t with Obama, it was with Jimmy Carter (in this table, Carter’s oil prices were slightly higher than Bush’s, which were higher than Obama’s) and Woodrow Wilson.

Oil prices were also higher under Bush - again, red is Bush, blue Obama.

Click for larger version.

Keep in mind that Jindal, like Bush, is supposed to be an oil expert because his state, like Texas, produces oil.  Yes, well the one oil expert failed to realize that the other oil expert had some of the highest oil and gasoline prices in all of American history.


Follow me on Twitter: @aravosis | @americablog | @americabloggay | Facebook | Google+ | LinkedIn. John Aravosis is the editor of AMERICAblog, which he founded in 2004. He has a joint law degree (JD) and masters in Foreign Service from Georgetown (1989); and worked in the US Senate, World Bank, Children's Defense Fund, and as a stringer for the Economist. Frequent TV pundit: O'Reilly Factor, Hardball, World News Tonight, Nightline & Reliable Sources. Bio, .

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  • Harris Caroline

    fuck yeah he said no, the keystone pipeline would devastate the environment. but of course im sure people like you could give 2 fucks about the environment or the people who will lose land, homes, their health.

  • Sean Murzk

    HEEY How about an update on this? Eh? Any takers?

  • Mike_in_the_Tundra

    Want to know what is really pathetic? It’s your inability to read a graph.

  • fmralskn86

    Pathetic. You only show gas prices from 2006. Interesting that is when the Dems took over the House, setting the stage for the collapse of the economy and a chance to blame Bush for it.

  • jeremy

    I love the childish attitude you exhibit while writing this article. Who cares about who had the higher gas prices. Answer this question! Why is Obama not being blamed for the high gas prices by the media like they blamed George Bush? ANSWER: Because the mainstream media has the same childish attitude towards Republicans as you do. You all disgust me with your OBVIOUS leftist leaning. And to Bill, the Democrats have NEVER been for the midde class and poor. They have ALWAYS been for the unions!! That’s just the lie they’ve been deceiving you with your 76 years to get you to vote for them.. If they were for the middle class and poor, wouldn’t there be an improvement in the middle class an d poor after all these years?

  • http://www.facebook.com/james.m.crosby.7 James M Crosby

    No, but the president does have effect on the value of a dollar. Since this president has printed money at will and monetized the debt, something the feds said they wouldn’t do when Bernake was sworn in, it cost us more to purchase oil due to decrease in value of the dollar on world markets.

  • http://www.facebook.com/marisa.munozvourakis Marisa Munoz-Vourakis

    Pioneer, you’re clueless…

  • Suzanne

    Then Why was it George W. Bush’s fault for 4 years?

  • http://twitter.com/pmatas Patrick Matas

    Why blame the parties for the price of gasoline, when both parties are equally responsible? After the BP oil spill, President Obama placed a 6-month moratorium on oil drilling in the gulf; and he said no to the keystone pipeline. Neither party can save us.

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