Gas Prices Seem Fishy?
They seem that way to us. Last year gas prices skyrocketed following Katrina and subsequently dipped only marginally. During the last year the oil companies have seen record profits like ExxonMobil’s $36 billion profit in 2005. But only now are gas prices taking a reasonable fall for us consumers.
Does it seem fishy to you that this is happening just before the mid-term elections? Big Oil is heavy in the pockets of Washington and Republicans tend to behave more favorably toward them. Thus, it is in their interest to drop prices in the short term so the American people re-elect a Republican Congress and Big Oil can raise prices again. This is most definitely in their long term interests and this was really all too predictable. We are willing to bet that gas prices drop another 20 cents prior to the election, it will probably hit that two weeks before November 7th. This will give the Republicans all the energy they need to win.
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