Well it did help Bush get re-elected, Rove strategy.
But in the long term that is a key reason why we are here and why Republicans still have trouble getting voters to trust them on the economy over O.
Bernake played a big role in this too keeping interest rates too low for too long. House prices went up too high too fast, and the poor with bad credit were given those crappy subprime loans which were time bombs to blow up once the music stopped, and the music was the low interest rates, it stopping was them having to be raised as prices soared.
And the Democrats began blocking drilling every chance they got.
What happened to all those promises by Bush of drilling?