1.12.2004

Higher Gas Price? Just Say Thanks to GW

Gas prices in many parts of the country have taken a record jump, the steepest climb in some time.

While you can blame the extreme cold in the Midwest and the Northeast for some of it, much of the thanks goes to Washington. The high deficit, the gravely devalued American dollar, and our own policies are all factors cited in the price climb, not just by OPEC but others. While the government also keeps telling us what a boom economy we're in, people are consuming more gas at a time when OPEC has limited production. And our government is increasing its in-stock reserve past record levels - for no clear reason, especially since GW has always prohibited its release during gas crunch times - which further limits the amount of gas available for you to buy to fill that monster SUV Mr. Bush said you could write off on your taxes.