"This is GWB election to lose (that is a fact)."
I agree
"I will stand by my assertion...that if GWB is tied or trailing by Sept. 21st...he will lose......and if Gas prices (national avg.) is not down to under $1.50 by Sept 21st...he will also lose. (not because of high prices at the pump alone....but because of the impact the rising energy costs will have on business....and thus that effect)"
gas prices will not be at $1.50 by early Oct because of refinery capacity. The ywill likey be where the yare today. As for high energy costs hurtign the economy, they will but it takes about a year. many businesses are hedged, especially big ones, and it takes some time. It wanst until Summer 1974 that the Oct 1973 oil embargo began to cause job layoffs
I believe if a barrel of oil falls below the $28.50 range....we will see gas prices (for the short term) fall under $1.50 (national avg). Of course capacity issues along with reformulations issues will then begin to drive prices back up...within 4 to 6 months...