Obama Has Gas Problem
I'm been mildly dumbfounded at Barak Obama's insistence that we need to open the strategic oil reserves to lower the cost of gas in the US. First, in case he hadn't noticed, the price of gas has been dropping, because oil prices are the lowest they've been in three months. Why? Because all the people who had been speculating on the price of oil are getting less sure of unrestrained prices and profits as the economy slumps.
Also, how much did he really think that the price would drop? A nickle? Maybe the 18 cents that he said would be a useless nudge when McCain and Clinton were suggesting dropping the federal gas tax until labor day? I think he was right not to go along with an productive scheme to curry voter favor back then. Now that he's caving in, I'm guessing that we're seeing more of the real man, willing, as so many politicians are, to say anything at times to get elected.
Also, how much did he really think that the price would drop? A nickle? Maybe the 18 cents that he said would be a useless nudge when McCain and Clinton were suggesting dropping the federal gas tax until labor day? I think he was right not to go along with an productive scheme to curry voter favor back then. Now that he's caving in, I'm guessing that we're seeing more of the real man, willing, as so many politicians are, to say anything at times to get elected.




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