Monday, August 4, 2008

Oil Headlines

Just a couple quick headlines:

Oil prices drop about $4 after storm threat eases

House Republicans go back on the floor Monday to talk gas prices

GOP: Lift drilling ban or risk shutdown

So, if prices are dropping simply because a storm misses, how do you think they'd be affected by actual increased production? If this continues (mainly, if the House GOP continues playing hardball), you can continue to expect prices to continue dropping. How low they go will depend largely on how much the American people will allow the Democrats to get away with.

See? These things make a difference...

There's my two cents.

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