From Pine View Farm

Bushonomics 3

Up, up

Philadelphia-area gasoline prices approached $4 a gallon this Memorial Day weekend after crude-oil prices spiked to a record $135 per barrel.

“Almost every day we’re hitting a record,” said Catherine Rossi, spokeswoman for the American Automobile Association’s Mid-Atlantic chapter, which is tracking summer gas prices with a weekly report.

And away.

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3 comments

  1. Opie

    May 26, 2008 at 2:57 pm

    So is it your position that it would be a good thing for gas to be cheaper?

     
  2. Frank

    May 26, 2008 at 3:31 pm

    It is my position that the Bush policies of selling the economy to the highest bidder has left the nation and the government unprepared to deal with, well, almost anything.

    If you want to look at it in a vacuum, I would say that, philosophically, I have long believed that gas prices should be higher, to reflect accurately the value of the commodity.

    But we are not in a vacuum.

    The rise in oil prices is leading to rises in the cost of everything else. And the ethanol scam is sucking food out of the food supply.

    The failure to regulate dishonest lenders is sucking homeowners out of their houses.

    At the same time, tremendous quantities of treasure (not to mention blood) are being lost in a War for a Lie, a war that has been paid for by mortgaging the national wealth to China and other foreign countries.

    It’s all of a piece.

    The Republican Party would rather sell the country to the highest bidder than enforce reasonable economic policies.

    I notice you like to ask questions, but seldom offer comments of substance.

    I shall ask a question.

    What good can you see coming of the Republicans’ failed stewardship of the engines of governance other than more death, poverty, and deception?

     
  3. Opie

    May 27, 2008 at 12:46 pm

    I would ask you to think about it in a vacuum, because it was never going to occur in one. Getting off of our dependence on foreign oil is never going to happen in good economic times. The whole discussion makes me wonder what people have been expecting all these years.  Do you think that gas prices, in this economy, not in a vacuum, should come down?