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Americans Still Hypnotized By Karl Rove -- Michael »
September 14, 2006
Gas Prices: Less than Zero [Jack M.]
With Ace on a single-handed crusade to make Elvis Costello relevant again, that seemed like the perfect title for this entry on gasoline prices. (It was either that or Pump it Up).
Why? Because National Review's John Hood says, citing this report, that gas prices are headed that way. And soon.
How far will gas fall?
Sayeth Mr. Hood:
"Don’t fixate right now on the polls, which probably lack a useful model for predicting turnout in this odd election year, and instead focus on this number: $1.15
That’s what some analysts are predicting that the average price of gasoline will fall to in the not-to-distant future, as marketers start trying to sell down excess inventories they built up amidst fears of a widening conflict in the Middle East or Nigeria and summer-storm damage to Gulf oil rigs. My view has long been that if gas prices for voters in competitive regions fall below $2, confidence in the overall economy will rise, as will approval for presidential and congressional handling of the economy.
$1.15 a gallon.
Clearly the Karl Rove Hurricane Machine and Bush's Neo-Con Military-Industrial Imperial Conquest Complex are to blame. Only by turning these two malevolent forces off, could gasoline fall so far, so fast in advance of an election!!!!111!11!
Joshua Micah Boutros-Boutros Hezekial Cougar-Mellancamp Olbermann Marshall questions the timing of this market downturn in 5...4....3....2...1.....