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June 02, 2012

Awesomely Stupid: MSNBC Finds The Sliver Lining In Double-Dip Recession: At Least Gas Prices Won't Be Going Up, Since No One Has Any Money For Summer Trips

Staycation fever!

There's some good news behind the discouraging headlines on the economy: Gas is getting cheaper. At least two states had stations selling gas for $2.99 on Friday and it could fall below $3 in more areas over the weekend.

A plunge in oil prices has knocked more than 30 cents off the price of a gallon of gas in most parts of the U.S. since early April. The national average is now $3.61. Experts predict further decline in the next few weeks.

If Americans spend less filling their tanks, they'll have more money for discretionary purchases. The downside? Lower oil and gas prices are symptoms of weakening economic conditions in the U.S. and around the globe.

Just a small downside, though. The main thing to keep in mind, the take-away, is that Obama has figured out how to keep gas prices low-- global depression!!!

Via @slublog.


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posted by Ace at 07:58 PM

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