Gas Probems, Solved!

Seeing as I just paid $2.20 per gallon to fill up my car this morning, I guess that our oil supply problems are solved. About a month ago, I paid at least $3.25 for a gallon, so that means the price has dropped by about 1/3.

Can you think of any other commodity item that has dropped in price by more than 30% in the last year, let alone the last month?

I'm sure that the laws of supply and demand are in effect here because I would hate to attribute the recent price drop to something as simple as the fact that it's election season. So, with "free market" pricing rules in effect, that means that we have developed a huge oil or gas surplus in the supply chain somewhere.

Hooray! That's great news for all of us Americans. Now we don't have to drill in ANWR or any other protected area. I'm glad that's over...