Thursday, June 23, 2011

It's Official: I Made the Greatest Prediction Ever

Just a reminder, I made the greatest prediction ever.

I said - on May 28, 2009 - that Obama would tap the Strategic Petroleum Reserve to help mitigate rising fuel costs which would be a contributing factor in his declining polls.


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).

Nailed it.

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