Gas Prices

Has anyone been paying attention to the price of gasoline? The pundits and the politicians have pretty much stopped talking about it, because the price of gas has slid 30-50 cents in the last month.

There is a history of this. Look at this chart and check the prices for 2006. In the summer of 2006, everyone was talking about the price of gas. But then, around July, the price of gas started to slide and it kept going down until the second week of November, when it bottomed out and then started to rise.

That did not happen in 2007. There were no Federal elections that year.

It's happening again.

And the pundits and the American people are just as stupid (or afflicted with short-term memory problems) as the oil companies and the oil exporters think we are.