4.11.2006

BTW, About That Rise in Gas Prices

While the media is spinning it that the sharp rise in the past two weeks of gas prices has to do with the discovery that there is actually less availability than before or that production has topped out, that's not entirely the case.

Instead, the prices first spiked with the initial news about the Bushies' plans toward Iran, which called far more attention to Iran's nuclear testing. When the White House did more saber rattling - guess what? - the prices for crude went higher.

Now, some of us predicted this kind of game playing when you have two gas/energy company men in the White House. But everyone is going to pay through the nose for this.