Bush Sr. negotiates contracts for oil imports, Bush Jr. is President, gas is $4. Are these thing related?

June 14, 2009 · Filed Under Economics · 5 Comments 
justaguy23456 asked:


1. Since finishing his term as U.S. President, George Bush Senior has worked as an independent consultant for the American Petroleum Institute (API) the trade association representing the U.S. petroleum industry including exploration and production, transportation, refining, and marketing. He negotiates contracts for oil imports into the U.S. and is paid a commission based on profit margin.
2. George Bush Junior is U.S. President.
3. Gas is over $4 and quickly heading to $5 a gallon.
Are these three things related or is it all just an amazing coincidence.

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