Oct 2, 2006
Throughout September the entire nation enjoyed an almost miraculous decline in gasoline prices. Down, down, down, below the $3.00 many of us had been paying, below $2.75 in some parts of the country, below $2.50 in other parts of the country; below $2.25 and even – is it possible! – below $2.00.
What happened? How could we have such low prices? Hadn’t we heard the nation’s supply was lower than usual, thanks to problems caused by Hurricane Katrina, or thanks to BP having to fix the Alaska pipeline?
Has someone found a new source of oil? Has Christmas arrived in September? No, what is coming is only November 7th – election day.
If we had an election every three months, gas prices might be down to $1.00 a gallon by now.