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Old 09-19-2012, 10:13 PM   #42 (permalink)
ChazInMT
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Quote:
Originally Posted by jamesqf View Post
Also (apologies if this is too political) if you look closely at the gap, you'll see that the price took a dive right around the election, and started climbing again right around the inauguration.
Yeah, I saw that, I was just being an a$$. Who knows how it all works! In all seriousness though, it does seem like high fuel prices do suck the life out of the economy in a hurry though.

Seems to me the theory holds that oil prices jump on fears of crisis in the middle east, and gasoline prices are affected by a shortage of production capacity due to no significant new refineries having been built since like 1977.

It is all so very complex, I really don't believe 1 single person or nation can affect it. All we can do is try to mitigate the damage by driving good cars efficiently, and maybe gripe about it.
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