9/29/06

Gas is cheap...

...guess I'll vote for the GOP.

The retail price of gasoline has plunged by 50 cents, or 17 percent, over the past month to average $2.38 a gallon nationwide, according to Energy Department statistics.

Los Angeles had the highest pump price among cities at $2.78 a gallon, down 8.8 cents. Cleveland had the best deal at the pump at $2.11, down 11.2 cents. Houston was at $2.17, down 11.5 cents.

Fimat USA oil analyst Antoine Halff said there is no doubt that "the downturn in prices is welcome news from an electoral standpoint for the ruling party." But he scoffed at the notion that Bush had the power to muscle around a global market. |The Houston Chronicle|

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