Dunsmore’s thesis is that Obama could not have caused the spike in gas prices. I agree with him because first of all prices that high could not just be him saying hey lets make people suffer and make them pay $5 a gallon for gas. Second of all he stated many reasons for why he couldn’t be at fault for the prices going way up.
My thoughts on the price of oil and gas are that they are insane. People aren’t making enough money to spend so much on gas especially if they have a car that holds 40 gallons. To a point, it’s inevitable to spend more but to spend so much money so you can drive around for a day is crazy. I think that before the prices went up would have been a great time to invest in gas. Maybe even now but I’m hoping that it’s a bad time because the prices will go down, which is unlikely.
I think that oil is more of an economic issue because it’s so much harder for us to get it from a different country then our own. We have to have money to buy it or something that the other country wants to trade for it.