IM JUST SAYIN - Oils Well or is that Alls Well? With gas prices plummeting at a rate with a negative slope steeper than the positive slope over the past four years, I dont hear one political pundit crying, price manipulation! Surely, with all the turmoil in the Middle-East and Obama against the Keystone Pipeline, and ISIS grabbing Iraqs oil reserves the price should be rocketing in the other direction - but strangely, its not. Believe me, Im not complaining because the same volume $55.00 fill up two years ago cost me $42.00 today. Im down with that, and you can quote me. I never imagined that Id ever see gas below $2.80 a gallon again!!!! So whats going on? Greater refining efficiency; economies of scale; larger reserves? No, its election time again and the Dems are pulling out oil the stops to put them in a more favorable light. BTW, for you math-o-philes, y=mx+b , where m is the slope of the line. Its been generally negative for the past 6 months. Could b = barack? Y ?
Posted on: Thu, 30 Oct 2014 21:15:33 +0000
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