Wednesday, November 19, 2008

Hold on to your money and your gas

In January, you can probably wave goodbye to the lower gas prices that we have experienced over the past several weeks. When the Democrats take a bigger slice of Congress and Barack Obama moves into the Oval Office the promises of domestic oil exploration will evaporate like so many gas fumes. The Dems are already talking about reinstating the offshore oil drilling ban. But why is it, you may think, that gas prices have dropped by almost half throughout most of the country? It was the furor that the American people raised at paying $4.00 a gallon over the summer. They demanded that domestic oil reserves be tapped regardless of where they were located. The oil speculators and the OPEC nations were scared that their only source of income would completely dry up. Now that the election is won and the prices have dropped so low, you will see all of the platitudes that the Liberals in Congress made disappear and your gas prices go up. And this time they will say that higher gas prices are good because it will force America to find "more sustainable" energy.

No comments: