I was thinking as our gas that had gone over $4.50 gal for regular unleaded' A relative in town from New Jersey told up their gas is still about $3.20. California is much higher than the rest of the country. In our Universal city area, some prices went over $5.00 gal.
I thought to check out the historical price of gas and found the above site, and found something very interesting. Check out the 5 and 8 year average charts, and look how in both the Bush and Obama administrations the price peaks up in the summer prior to the November election, and after the election plummets like a switch was thrown. It this just a political trick to sway the voters? No more Bush, get a democrat back in office, and now the reverse, No more Obama, get the republicans back.
Seems like it doesn't matter who is in, only that the oil companies aways want someone new to grease, and the trend turned on the Democrats last election when they lost the majoriety in Congress, so the oil companies are shafting gears, seeing this time the republicans are a better bet for them.
Maybe everyone is right, all these world affairs is all just about oil. Maybe I'm the stupid one thinking it wasn't.
The graphs sure show a peak and drop that coinsides with the Presidental elections, and apparently the policial party is not relevant.