Heckuva job, Bushie
Dumbyah must be oh so proud of his latest accomplishment:
Oil Prices Pass Inflation-Adjusted Record
Setting an all-time record, oil prices rose to nearly $104 a barrel on Monday morning, exceeding their inflation-adjusted high reached in the early 1980s during the second oil shock.
Oil futures rose as much as $2.11 to $103.95 on the New York Mercantile Exchange. That level tops the record set in April 1980 of $39.50 a barrel, which would translate to $103.76 a barrel in today’s money.
Record oil prices, a faltering economy, $3.5 trillion in debt, economy sliding into recession, never-ending military occupation, destabilized Middle East. That’s some legacy.
