Sunday, October 12, 2008

MSM won’t blame Bush

From Reuters - - -

… The national average price for self-serve, regular unleaded gas fell 35.03 cents to $3.3079 a gallon on October 10 from $3.6582 two weeks earlier, according to the nationwide Lundberg Survey.

It was the lowest national average price since March 21, 2008. Since peaking at $4.1124 on July 11, the average cost of a gallon of gas has receded by 80.45 cents. Diesel fuel fell 21 cents to $3.95 a gallon, the first time since March that it has been below $4.00 a gallon.

"Plummeting oil prices and caving gasoline demand have combined to bring the biggest retail gasoline price cut in the history of the market," Trilby Lundberg, who compiles the survey, said in an interview. "We've been doing this 58 years. This is truly the biggest price drop." …

Advice to Team McCain: Make the point we can get energy prices a lot lower by developing more domestic energy – renewable and fossil both.

Remind Americans that when they pay less for gas, home energy, etc. the money stays in their pockets.

It doesn’t go to Washington as taxes which Sens. Obama and Dodd and Reps. Frank and Rangel can then do with as they please, including paying huge bonuses to Jim Johnson, Franklin Raines and Jamie Goreleck.

The Reuters story's here.