Re: Falling Gas Prices - Are we about to be mocked?
Lars, you are right about strategic reserves as a Rainy/Windy/Cold/Disaster day fund, except the President/Congress (again, regardless of parties) get to define what an emergency is, not us. So how can they claim innocence over gas prices??????
I am happy gas is cheaper today (I still got a SUV and minivan to fee), but I bet US carmakers, airlines, utility companies, truckers are loving it even more. And if they all think like Southwest Airlines, they should be buying fuel futures like crazy now. So I suspect this will lead to another price hike, conveniently, after the election, and winter, OPEC, speculators, China, Ruassia, Chavez, ....... will all be blamed again.
Another round of hybrid-hating will start again.
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