Just coincidence that American gas prices are tanking? Don’t bet on that.
Big Oil doesn’t do anything unless its interests are served—such as ensuring Republican control of Congress after the mid-term elections.
Market forces—the ebbs and flows of demand—aren’t at play here.
Seasonal declines, diminished hurricanes, discovery of new oil fields and repair of the Alaska pipeline may account for a 10-cent dip in prices.
But 50 cents to a dollar a gallon less since early September? Come on, folks, the fix is in.
No, not the usual under-the-table contributions to campaign coffers. We’re talking about above-the-table bribes to voters.
And, whether the ploy works or not, gas prices miraculously will skyrocket again after the first Tuesday in November.
Bet on that. (8 OCTOBER 2006)