Quote:
Originally Posted by BombaySapphire3
The only thing iamnotafraid could come up with for the entire 8 miserable years that Smirky has occupied The White house was him muttering something about offshore drilling supposedly causing a drop in gas prices..impressive I must say!
|
That is actually true, because part of the price of crude oil is made up of futures market investments. If they believe supply will increase, the speculative market drops, hence the lowering of gas prices. In congress would do the same, we'd see prices falling like Obama's poll numbers.