Originally Posted By: Rocky1Don't see that happenin D1W price has been too high for too long. Dropping it much now will cost him votes, because the public will come to the realization that he does have the power to affect the price, yet he has refused to act in that capacity for the last however many years while we suffered.
THAT is why we haven't seen a major decrease in the price of gas, we've seen a gradual decrease over the last few months.
I'm afraid you may be giving "the public" a bit more credit than they deserve, Rocky. Remember who put him in there in the first place.
Besides that, gas prices have dropped in our area over 50 cents a gallon since the first of the year. I suspect he will pull all stops to assure that it slips all the way to November even if he has to release some of the oil reserve (which you and I know would benefit prices only for a short period of time). He will, of course flip on the Canadian pipeline, drilling permits, etc. and then jump up and down and shout, "See What I Done for you?" The "public" is very fickle and has a very short memory.
Hope you are right on the public seeing through this, but I'm a skeptic in that regard. Who would have thought Bill Clinton would have won a second term?
Regards,
hm