Gasoline Prices Climb for 35th Straight Day
If you ask me, it’s all by design. Look at it this way, you are the government and you took over a car company and spent mega-bucks on a few crappy hybrids and an electric vehicle that you can’t sell. How do you unload your crappy products onto the consumer? Do everything possible to bring up the price of gas, like putting a drilling moratorium on offshore drilling in the gulf, cancelling oil drilling in ANWAR, causing unrest in the middle east, bombing Libya, etc., etc.
Voila! Problem solved!: Speculators freak out; Energy prices skyrocket; Consumers look for more fuel efficient vehicles; and, the President goes around giving a bunch of “I feel your pain” speeches, saying snarky little things like, “If you’re complaining about the price of gas and you’re only getting 8 miles a gallon, you know… You might want to think about a trade-in.”
As Plankton from Spongebob Squarepants might say, “It’s foolproof!!!”
And, don’t you worry your pretty little head none, Obama will make sure the price of gas drops before the next election…
Gasoline rises a penny to $3.87 per gallon
AP – Via YahooNews
NEW YORK – Gas pump prices have climbed for 35 straight days even though industry surveys show Americans have started to drive less.
The national average rose by a penny to hit $3.87 per gallon on Tuesday, more than a dollar higher than it was last year. Experts say prices should keep rising for the next few weeks before weaker consumer demand forces prices to drop. “We’re going to see prices keep bumping up for three, maybe four weeks,” energy analyst Jim Ritterbusch said. Eventually less travel will take its toll, Ritterbusch said.
“They’re going to cut back on spending, and that will push gas prices down,” he said. “All that should kick in by June.”
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