Rising Gas Prices
Just like the gun issue.
The pols want gun control so the press roots out every gun death ... the current favored death is the innocent child by accident variety ... and prominently display it on the nightly news along with the president's or someone else's heart-rending paean to the child-safety-lock.
In the gas issue, the press has decided that the "strategic oil reserve" should be opened up and will give air time to any pol willing to spout the new invective. (All in the interest ... once again ... of public mass orgasm.)
Notice also, that no mention is made ... from any quarter ... about the true and simple cause of the gas price problem. Which is this ...
Earth to USA ...
If you will recall, there was no winter of '98-'99. That is, none to speak of. Here in Texas, it was the first time in my life that I went through a winter without putting on a jacket.
Why? ... El Nino ... remember?
So people didn't need as much heating oil ... so there was too much oil laying around ... so the price dropped ... remember? 79.9 cents per gallon. ... And I said to myself then ... "Uh-oh we're gonna' get it up the poop chute if prices don't go back to normal real quick."
And now we're gettin' it ... ain't we?
Why is that?
Well ... (no pun here)
For as long as they were low ... they will be high. Same, same ... all same (just in reverse).
What about the quantity of price rise? It seems more than the corresponding drop of last year.
It is more. Why?
Because business works on percentages ... not dollar increments.
Get it? ... For a 40 cent drop we're gonna' get a 60 cent rise.