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

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You haven't been on here long but your holier than thou and I'm the ultimate authority attitude is already wearing thin. The Saudis were partly responsible, but when you have an administration openly hostile to the O&G industry along with its minions in the governors' mansions, you'll eventually have a retrenchment in the industry.

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Nonsense.

Everyone here is asserting that Biden is to blame when anyone who's remotely involved in finance could tell you that Biden really isn't that much to blame.

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The annual average rig count peaked at 1,919 in 2012 and hit a record low of 433 in 2020, according to Baker Hughes data going back to 1988.

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So the number of rigs was declining from 2012 onwards? How does this at all prove your point that Biden is to blame?

2012 is when the Saudis began driving down prices, which meant that American producers couldn't compete. That would suggest there are global macro factors to blame here, not Biden.

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I would have to believe that the O&G industry would have a lot more rigs firing up if they ne that the regulatory environment wasn't stacked against them. (Search what that dope governor in Michigan is trying to do with a pipeline coming in from Canada)

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You're speculating. You've got to make the leap between this and global oil prices being low. The price of oil has risen everywhere from India to France. The US is around 16% of global oil production but it's nowhere near the majority producer. Prices have risen globally - Biden's not to blame for this at all.