re: What’s the Difference Between Bush’s High Gas Prices Vs Biden’s now?

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Which had little effect on America since we produced and processed the vast majority of our own oil.

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It has a big effect. In order to compete, American producers have to lower their prices. Think about what you're saying here - there would be so many arbitrage opportunities if the price of a barrel of oil was different in America versus another country. Oil is a trade-able good.

If the price of oil was different globally versus the US at the time of Saudis driving down the price, people would buy barrels of oil in the US and sell them abroad (or vice-versa). This would equalize the prices through arbitrage. The oil industry is tradeable (i.e. arbitrage opportunities exist) because transportation is cheap.

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Yes, and there's a common denominator amongst Western countries. They're all pursuing green policies.

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This is a global phenomenon not restricted to the US. Prices globally have risen. India, a country that doesn't really give a damn about green energy, has suffered from rising prices as well. It has nothing to do with green policies - if you were an oil trader, you'd know this.

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Its cheaper than hauling by rail. Transportation costs are factored into the prices we pay at the pump.

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Oil prices in India at a record high

Transportation isn't that expensive. It costs around $5 to transport a barrel of oil - that's $0.11 per gallon. Building a new pipeline isn't going to change the price. The main costs of oil is extraction, not transportation. Transportation is cheap whether it be by rail ($0.22 per gallon) or by pipeline ($0.11 per gallon).

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It's just a giant coincidence....

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Which is why oil prices are rising across the globe? It's not Biden otherwise it would have been a US specific issue.