Oops
$90. That Team Obama doesn't get how bad this is for them is astounding.
Just for shits and giggles, let's operate the way back machine for a pearl:
"It is a virtual certainty that oil prices will rise by 2011, potenitally substantially. Here though is my less certain prediction (20% probability): gasoline prices over $4 during the heart of the election cycle will weigh on Obama in the polls and he will tap the Strategic Petroleum Reserve to mitigate high prices (e.g. save his ass). "
We're at $3 now and everyday that we don't drill in the Gulf of Mexico and the global economy grows is a day in which gas prices will go up.
Just for shits and giggles, let's operate the way back machine for a pearl:
"It is a virtual certainty that oil prices will rise by 2011, potenitally substantially. Here though is my less certain prediction (20% probability): gasoline prices over $4 during the heart of the election cycle will weigh on Obama in the polls and he will tap the Strategic Petroleum Reserve to mitigate high prices (e.g. save his ass). "
We're at $3 now and everyday that we don't drill in the Gulf of Mexico and the global economy grows is a day in which gas prices will go up.
posted by Donny Baseball at 12:49 PM
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