For years I've posted about how gas prices seem to rise right before a presidential election when a Dem is in office and fall when a GOP is in office. The chart proves this pretty clearly and in fact, gas prices fell in July 2008 almost $2/gallon just before the Presidential election that year. What's kind of amazing is that one COULD make the assumption that somehow, the energy companies are in collusion with the GOP to make Dem presidents look bad and GOP presidents look good just before an election. That would only be an assumption, but I find it interesting that this trap is something of an Election Year anomaly. While it IS true that gas prices were very low when Obama took office and are creeping up now, what is ALSO true is that gas prices made the largest and steepest climb under the 8 years of Bush in the history of gas prices in this country and peaked at higher than they are now.
This ad is disingenuous at best and targeted towards those with short term memory loss. Obama could just as easily have run an ad that says on January 15, 2001 when Bush took office gas prices were $1.458 and peaked $4.054 by July 15, 2008 before a pre-election massive plunge that led into the Obama Administration taking office with gas at $1.81.
It seems to me that so far, the Bush administration was FAR WORSE on controlling gas prices and that's what makes the new ad so deceiving. Gas prices have been out of control since the Bush Administration allowed some rules changes that let this happen. With energy trading in a derivative futures market, the international whims of investors now directly affect the price of gas. Until this problem is solved, gas prices are fungible and can change with a news article instead of based on the actual price of a barrel of oil like they did before Bush stepped in and changed the game.
The GOP won't tell the whole truth in a 20 second ad, so they ONLY tell the part that might freak people out... and how stupid to use the video of President Obama, Mick Jagger, BB King and Buddy Guy singing Sweet Home Chicago together? Our POTUS is just TOO COOL and it's driving them nuts. LOL
(note: I have all the data if requested or you can pull it yourself at the link below the chart above and also, you can click on the cart to read it better!)