10/19/2012 7:10 AM
Thanks Steve, I did read every last word from both blogs. Really, I'm trying to understand this.
There's probably nothing either Obama or Romney can personally do, at least long term, about gas prices. That's a good thing, I believe.
Apparently, then, gas prices were low in Jan '09 due to lower demand as a result of a looming recession. The recession caused people to drive less, so prices dropped.
Does it make sense, then, that gas prices are at record levels now due to higher demand as a result of an economic turnaround? The economy is good now, so people are driving more, so prices have risen? Maybe so?