Thursday, September 07, 2006

Oil Falls To Lowest Price In Five Months

Can you say "November elections?"
Oil prices fell to their lowest level in five months on Thursday after a larger-than-expected build in U.S. distillate and gasoline stocks.

Oil has slumped more than 7 percent in two weeks as the end of the U.S. driving season and a perception of easing geopolitical and weather risks prompted traders to re-assess fundamentals. [Reuters]

Now remembering back to my college day(s), that sounds a lot like...what's the term I am looking for...?

Supply and elections...demand and recount...PAC and Soft money...?

Never mind, I don't think there is any logical way to describe the falling gas prices other than Bush is behind it somehow.

I plan to take a long winding car ride this weekend to celebrate. Hell, I might just randomly dump some gas on the ground because the gas price has gotten so low.

No comments: