A Slick Benchmark for President Obama
Remember this number, because it’s going to serve as a benchmark of Barack Obama’s success as President of the United States of America: 42.5
The price of a barrel of crude oil as Barack Obama took the Oath of Office was $42.50.
We cannot reduce the success or failure of a President merely to this number, but it is an important diagnostic indicator of many of the challenges we face, of environment, of economy and of overall conservation of purpose.
The price of oil went up by nearly 500 percent under George W. Bush before the restraint of American citizens brought it back under control. What will happen to the price of oil under Barack Obama?