Why is it when gas prices fall they drop by one or two pennies, but when gas prices rise, they go up a nickel or a dime? Aren't the same market forces at work in either case. I drove by a gas station on my way home last night and the price for regular unleaded was $2.99. This morning on my way in to work, the price had risen to $3.09. What the hell happened in the world overnight to cause such a spike?
As far as I can tell, nobody blew up anything in the Middle East overnight. So why did gas jump by 10 cents overnight?
And as long as we're on the subject, didn't Nancy Pelosi promise to go after the big oil companies if we elected more Democrats to Congress? Well, Democrats control both house of Congress and gas prices are higher than they were before the Democrats came to power. What gives? Did she lie? Why aren't Democrats doing anything to lower the price of gas? I want the cheap gas Democrats promised.
And why aren't the networks doing nightly stories on gas prices. I recall countless stories during the 2006 election cycle about how expensive gas had become under George W. Bush and the Republicans in Congress? Where's the media hype today?
Oh, well, at least I'll get free medical coverage when Hillary Clinton becomes president.
1 comment:
A lot of the problem is due to American jobs going to China and India. Now they are driving cars and driving the demand for oil/gas up resulting in price increases. I think it is a lot more difficult for politicians to control gas prices and the economy too. Of course Exxon has had record profits, so I guess the rich get richer.
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