Okay, I know that they do not control gas prices and the reasons given is the uncertainty over Iran. Have you ever noticed that is always the reason? Uncertainty over Iran or unrest in the Middle East is always the reason. But this makes little sense to me. We are producing more domestic crude now than we have in very long time. Demand is down. So, according to the economic principles that I learned, prices should also be dropping. But prices are based on futures, so "they" say that the future in the Middle East looks grim. It has always looked grim, and prices dropped so, what has changed?
I think the change is because the Republicans are concerned about their chances in the fall. The economy is strengthening. Companies are actually bringing jobs back to our country. The President has pushed through some of his economic agenda and it seems to be working. The Republicans are losing ground in the approval ratings and most people blame the Congress for holding our government hostage. So what can they do? They have tried to create trouble with various reforms, like the squawk over the contraception and abortion legislation last week, but he is diffusing it soundly. The only thing they have left is to put the economy in a tailspin. And what better way to do that than to raise gas prices. Now, you may remind me that the Republicans do not set gas prices and I agree. But I do know that many Republicans are in the pockets of the big oil lobbyists and I would not put it past a few of them to ask for a few favors. Now, this is just a theory and I have no proof. But I have watched the Republicans risk our entire financial system before for their own gain and I would not put it past them to risk it again to gain the White House.
Consider this as you complain about the gas prices and listen to the talking heads tell you what to think. I might be a crazy conspiracy theorist, but we will never know what is really occurring in Washington and desperate people do desperate things.
