THE BLOG

The Bush Legacy: A $100 Per-Barrel Increase In The Price of Oil

05/21/2008 04:49 pm 16:49:41 | Updated May 25, 2011

We've reached a crude milestone today in the history of the Bush administration.

Oil prices have skyrocketed $100 per barrel since Bush took office.

Oil traded at $32.19 a barrel on the first business day after George W. Bush's inauguration in January 2001.

Today, oil is trading at $132 a barrel.