Here's a question: If there's a disaster, a war, a severe drought or some other calamity that restricts future supplies of a commodity -- such as oil, coffee or corn -- what is the intelligent thing for people to do right away? If you said "use less now and try to produce more," you'd be absolutely correct. That's not rocket science, but understanding the machinery involved in getting people to do so is a bit more challenging.
So there I am, pulling into a gas station in my town, and Tarek is smiling. He owns the station, and right now he's charging me $4.25 a gallon. American motorists may not be better off than they were four years ago, but Tarek certainly is.
There is pain associated with $4.00 a gallon gasoline. It’s not the kind you see on the news every night but it is just as tragic.
If there is any issue you can be sure will come up during a presidential election campaign, it's gasoline prices. They are simple, important and plainly visible to anyone who drives. They're the classic pocketbook issue: When prices are low or at least falling, voters somehow feel better than when prices are high or rising.
While all eyes were on the Republican National Convention in Tampa and Hurricane Isaac on the Gulf Coast, the White House was quietly jacking up the price of automobiles and putting future drivers at risk.
1) America's credit rating would get so low that it would force President Dennis Kucinich to petition the UN for donations to pay for Social Security, Medicare, and his newly implemented 350 weeks of unemployment plan.
In these tumultuous times, Americans seem to have trouble finding common ground. But it’s safe to say that most of us can agree that gasoline, at around $4 per gallon, is uncomfortably expensive.
Barack Obama has already held more re-election fundraising events than every elected president since Richard Nixon combined. Yet, despite the fact that he has been campaigning almost non-stop since the 2010 election, aside from trying to steal credit from the SEALs for killing Osama Bin Laden, you very seldom hear Obama talk about his record.
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