Page added on October 22, 2004
With a bit of analysis, we see that if the price of gas were to catch up with the price of oil in percentage terms (as it always has in the past), then a gallon of gas would be about $2.60 per gallon!
And check this out, it seems that Bush’s approval ratings seem to move up and down right along with the price of gas. True, correlation alone does not mean causation — but correlation coupled with good ol’ common sense certainly does.
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