Gas Prices Hit 5-month Low

Let's get this straight - everything is President Bush's fault, right?

Hurricane Katrina (and every other hurricane) last season:

Anti-war activist Cindy Sheehan, who was camped outside President Bush's Texas ranch for the past few weeks, says Hurricane Katrina (search) is all President Bush's fault, insisting that the president is "[now] heading to Louisiana to see the devastation that his environmental policies and his killing policies have caused."

...Sheehan is not the only one blaming President Bush for Hurricane Katrina. Germany's environmental minister says, "neglected environmental policies" in the U.S. have led to global warming and catastrophic weather. Minister Jurgen Trittin insists, "The Bush government rejects international climate protection goals by insisting that imposing them would negatively impact the American economy. The American president is closing his eyes to the economic and human costs his land and the world economy are suffering under natural catastrophes like Katrina."

And, of course, gas prices. As the State of Michigan website proclaims:

Michigan drivers are again facing the reality of $3-per-gallon gas - it’s time for President Bush and leaders in Washington to stop watching and start protecting us from the skyrocketing cost of gasoline! It's just not right that big oil companies should be allowed to hold customers hostage to outrageously expensive gas; they rake in billions in record-setting profits while consumers are left with no option but to pay ever-increasing prices.

Consider these facts:

* The average price for unleaded gasoline is 64 cents higher than the same time last year.
* ExxonMobil reported a $36.1 billion in profit, making it the largest corporation in the world and larger than the next four companies on the Forbes 500 list combined.
* Oil prices have increased 240 percent since George Bush’s inauguration in January 2001.

Then is he responsible when Michigan's gas prices hit 5-month low?