When you referenced the gasoline price during the Bush Administration as cheap, it sounded like a description most people would not use.
I've been driving for over 30 years, so I remember paying less than $1.00 per gallon. I would not consider $3.00 per gallan gasoline "cheap", and I would not really even consider $2.50 per gallon to be cheap. I would however consider around $2.00 or less to be "cheap" now because inflation has pushed much of what 30 years ago was $1.00 to well over $2.00 now. We will never get back to truly "cheap" gasoline, but if government will get out of the way and allow supply to get to efficient market levels we can at least get it back to reasonable market prices, and that I would eagerly welcome.
Me neither.
$2.50 was my breaking point. I traded my 1/2 hour drive in my 12 mpg Bronco to a longer bus ride when prices hit $2.50. I do not remember ANYONE at that time who would have called $2.50 anywhere near a low price.
That was my point. It is lower than today. But I think we would do more to convince others of without trying to claim that as a low price.
(Eventually I gave up on the bus. I got too busy with some projects to justify the time vs dollars cost/savings.)