....the wit & wisdom of Jay Leno
"Oil has fallen to $60 a barrel. Experts predict it will continue to fall until exactly one minute after the polls close on November 7th."
- Jay Leno, during a Tonight Show monologue
I think that the man is right about that, but it remains to be seen. Gas prices are as low as they have been in recent memory, (about a year for me), and seem to be dropping still, albeit incrementally. The reaction from the driving public appears to be a huge sigh of relief, but I have to believe that it will not last.
When/if prices go up again, ask yourself why it is happening. To be sure, the oil producing states that don't like us have a little to do with it, but not as much as one might imagine, (particularly when one is angry at one thing or another---or even quite a few 'single' things).
The price of oil is largely controlled by the large cartels that profit from it, encouraged by some governments, and simply not spoken about by others. The relief that we are seeing today is more of a reaction to the bad economic news and the danger to the party in power that public sentiment seems to portend. When that danger passes, (or comes to pass), that incentive to keep the public at bay will no longer exist and those concerns will be free to do what they will.
I offer this as an observation, and as an experiment of sorts. The relationship between the date of our elections and the new rise in gas prices will demonstrate to some degree the influence that these unseen hands have on our lives. Think about that. Whatever your opinion, it is an important factor to consider.
- Jay Leno, during a Tonight Show monologue
I think that the man is right about that, but it remains to be seen. Gas prices are as low as they have been in recent memory, (about a year for me), and seem to be dropping still, albeit incrementally. The reaction from the driving public appears to be a huge sigh of relief, but I have to believe that it will not last.
When/if prices go up again, ask yourself why it is happening. To be sure, the oil producing states that don't like us have a little to do with it, but not as much as one might imagine, (particularly when one is angry at one thing or another---or even quite a few 'single' things).
The price of oil is largely controlled by the large cartels that profit from it, encouraged by some governments, and simply not spoken about by others. The relief that we are seeing today is more of a reaction to the bad economic news and the danger to the party in power that public sentiment seems to portend. When that danger passes, (or comes to pass), that incentive to keep the public at bay will no longer exist and those concerns will be free to do what they will.
I offer this as an observation, and as an experiment of sorts. The relationship between the date of our elections and the new rise in gas prices will demonstrate to some degree the influence that these unseen hands have on our lives. Think about that. Whatever your opinion, it is an important factor to consider.
Did you ever, during the 90's, think that prices like these were a cause for celebration?
Stay focused.
posted by eccentric recluse at 12:25 PM
3 Comments:
I believe one man's reaction to the "low"er prices was his purchase of a brand new Hummer here in SF.
Or so it occurred to me as I blithely looked to my left as he sped by my dumpy little Prius yesterday with his blazing new paper stickers.
Imagine parking a Hummer in SF. (I must green with envy.)
Ya gotta wonder at America's mania for the good life.
Or so it - the good life, that is - seems...
Good idea. One test of any theory is can it predict anything...OK. I'm in on the experiment. You are actually asking us to remember something for several months, and not forget it no matter where the logical conclusion drawn from it may lead us.
I just wanted to add here that the secret word verification below is "codsok." Which I find just a little unsettling.
Looks like nothing but a pre-election stunt to me. The price of gas and the government popularity are joined at the hip. It's pretty sad actually. Check out this chart.
Bush/gas index
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