Posted on 10/20/2012 10:25:41 AM PDT by Snuph
Video at link...
CBS News) Americans are finally seeing some relief at the gas pump.
The national average for a gallon of regular has fallen for more than 10 straight days, and now stands at $3.69.
The steady decline comes with Election Day right around the corner.
Earlier in the campaign, President Obama's Republican challenger, Mitt Romney, made an issue of high gas prices.
But that pendulum has swung in favor of the president.
And Tom Kloza, chief oil analyst of the Oil Price Information Service, says prices have been heading down in all 48 states in the continental U.S., including, of course, the "battleground" states expected to swing the election.
He adds that, "The biggest declines, and the places you'll most likely see less than $3 is probably in the Southeast and some of the 'red' states.
"But Ohio right now, for example, is somewhere between $3 and $3.20 a gallon. So [Obama] is gonna get a little bit of benefit from that."
(Excerpt) Read more at cbsnews.com ...
It is slipping under $3.40 in many parts of Ohio, which would indicate some kind of price manipulation. I will bet it goes below $3.00/gal. in Ohio to make this issue disappear in battleground state.
It is slipping under $3.40 in many parts of Ohio, which would indicate some kind of price manipulation. I will bet it goes below $3.00/gal. in Ohio to make this issue disappear in battleground state.
Let’s face it - if you ignore that gas prices have gone up by 120%, you can make hay claiming a 3-1/2% drop in prices.
Bears repeating.
Drop? So what?! It’s still to dang high!!!
If gas prices go down, according to Odumby, that means the economy is crashing. Can’t have it both ways, CBS (communist B...s... Station).
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