I remember last year, a lot of blame against the Republican Congress for doing nothing to stop big oil companies from raising prices. Democrats are in office now, and no one seems to be saying anything. So let me be the first? Why are the Democrats not being the night and shinning armor about gas prices?
Gas prices are suppose to top $4 in most areas by June. Two main reasons,
1.) We have still not built any new refineries in 20 years and most of the ones we have, rotate being broke down.
2.) China is buying more and more oil each year, and driving our prices higher from our dependence on Middle East oil.
So, what is going to happen. Will the economy do well this summer in a $4 plus a gallon market. In our area, it is suppose to head towards $4.50 by midsummer. Next summer, they are already predicting the $5 mark. Wonder what the Democrats plan is????