Thursday, January 10, 2008

$3.50 a gallon, or, "jawbone this, asshole"

Well, it appears that we're looking at paying $3.50 for a gallon of gas soon, as the price of crude tops $100/barrel. And you know that's that "regular" piss, not the premium shit all of our SUVs say we have to use.

Which brings to mind the big talk of a certain presidential candidate:

Gov. George W. Bush of Texas said today that if he was president, he would bring down gasoline prices through sheer force of personality, by creating enough political good will with oil-producing nations that they would increase their supply of crude.
"I would work with our friends in OPEC to convince them to open up the spigot, to increase the supply," Mr. Bush, the presumptive Republican candidate for president, told reporters here today. "Use the capital that my administration will earn, with the Kuwaitis or the Saudis, and convince them to open up the spigot."


He further articulated this strategy:

"And," he said in direct advice to Clinton, "the president of the United States must jawbone OPEC members to lower the prices."


The date? June 27, 2000.

The average price per gallon? About $1.70, with crude at between $25-30/barrel.

Heckuva job, asshole.

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