10.19.2008

GAS

I posted this on another blog; however, I wanted to keep it in my personal journal (this blog).

Three weeks ago, I filled up for $3.79/gallon.

Today...$2.69. However, as the resident angry American citizen that sees through B.S. This drastic reduction in the gas price makes me distrust what I don't know about the government even more.

It is completely unreasonable to think that consumption has dropped so low as to validate such a significant drop in the gas price. If supply and demand economics is what drove the price up...as we were told time and time again, I find it impossible to believe that consumption has slowed such that the price would drop $0.80 over a 2 month period of time.

So prices drop, which equates to an economic stimulus package. You spend less on gas...especially around the holiday season, you're more apt to spend on consumer products, especially for Christmas time. Q4 is going to look great and the gov't economic advisers will claim that we are no longer in a recession b/c 'we' experienced growth in Q4. We are merely puppets.

1 comment:

Kit (Keep It Trill) said...

Gas prices always drop before a Presidential election. Make no mistake, this economy is fried and we're in for some very rough times ahead.