Gas Prices mysteriously nose dive in preparation for Mid-Term Elections

A few months back I made a prediction. Given the very real possibility of republicans losing control of the House in the upcoming congressional elections, I predicted a dramatic drop in the price of gasoline. In the span of just one month (August 25 to September 25) gas prices dropped 80 cents per gallon. What a shock.

Earlier today I heard Tucker Carlson blasting a pundit for implying the Bush administration could influence the price of oil.

Perhaps it's truly just a case of supply and demand. Perhaps gas prices would've dropped 80 cents in a single month, even had there been no upcoming congressional election. Whereas oil prices have consistently gone in one direction, up, since Bush first took power, maybe it's just a remarkable coincidence. Perhaps the "emerging Chinese market" was overestimated. Perhaps damage to the Alaskan pipeline was not as bad as originally thought. Perhaps analysts now see less chance for conflict in Iran (especially now that it appears the Democrats will take control of the House).

Is it really a stretch to think the Bush administration can influence the price of oil? These guys all come from Big Oil. Their actions and policies have led to record profits for oil companies and oil barons in Saudi Arabia. All involved understand what republicans losing control of the House would mean. The end to an era. It would have been a shock has they not taken this action.