About Gas Prices

I filled up on gas at $1.99 yesterday. I'm sure the Des Moines Register post a major headline "Bush Causes Gas to Fall $1 in 75 Days" any time now. (After all, if it was Bush's fault the price went up to $3, surely he gets the credit for making it go down $1?)

Alan Reynolds writes a nice column about oil profits, prices and politics. "If prices or crude oil and gasoline really rise and fall at the whim of U.S. petroleum companies, why would oil and gas prices ever fall?"

Make sure your kids get some basic economics so they can be good citizens.