[quote=Roger Perry;761919]The oil prices are on the rise because of the unrest in the Middle East Libya in particular. How may I ask is it the fault/doing of the Obama administration.
Oil prices rose beginning in 2002 & 2003 with the invasions of Afghanistan and Iraq which was directly related to the actions taken by the Bush administration. When was the last time you saw oil at $40.00 a barrel? During the Clinton administration?????????[/quote]
Please don't twist the facts!
Price of oil plummetted in 1985 and stayed below $40 per barrel until 1999.
In the second half of the 80's both Iran and Iraq were producing oil at breakneck speed in financing thier war with one another.
Price had NOTHING to do with Clinton!
India's and China's demand for oil has more than tripled since 1999.
Oil was actually below $20 per barrel until Jimmy Carter became President! During his term the cost skyrocketed.