September 12, 2006

Gas Prices Heading Back Down Towards $2.00/Gallon

The same market forces that drove prices up are causing the decline.

No, it's not a Bush-Rove election surprise. The President doesn't deserve credit anymore than he deserves the blame for rising prices.

Too many people who are ignorant of economics fail to grasp this concept. Fortunately, however, the Democrats plan of using this as a club to beat the GOP over the head with is evaporating before their eyes.

Now there is plenty of blame to go around for the long-term situation, like squishy Liberals (in both parties) who manage to torpedo ANWR drilling bills every year. Imagine what prices would be today if we went in that direction ten years ago.

Posted by: Gary at 11:00 AM | Comments (1) | Add Comment
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1 I know - let's call it "Supply and Demand," but (Eeyore moment here)it propably won't catch on.

Posted by: Indigo Red at September 12, 2006 02:46 PM (O6o71)

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