Monday, November 20, 2006

Is There Really A Connection?

Gas prices are up about 5 cents a gallon around here in the week after the election. I heard a blip on Fox News where someone was claiming it was because the election was over. I'm sure you recall that prior to Election Day many were claiming a conspiracy by "Big Oil" to drop the prices to give the GOP a better chance in the election. Does anyone really believe that so-called "Big Oil" doesn't have BOTH parties in it's pocket, and really cares who is elected? If the goal was to insure a continuing GOP majority, don't you think prices would have shot back up instead of just going up by a nickel? I have a better reason for the increase in gas prices. What is this Thursday? According to a survey shown on Fox News yesterday, of those surveyed who were traveling more than 100 miles for Thanksgiving Weekend, some 87% were driving. That's millions of gallons of gas. So if you can get an extra nickel, that's 50 grand per million gallons. So if nothing else changed (and I don't keep a close eye on the commodities market) that's an extra 50K profit per million gallons of gas sold. I'd do it, and you would too if you will be honest enough to admit it. End of story, hopefully.

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