Who doesn’t like the low-price gasoline these days? Well, my blog buddy Andy down in the South Texas oil patch for one. He’s worried he could lose his job as a shiny-shoe-retiree-gate guard for a fracking operation. Even as it works him to a frazzle.
Indeed, Market Watch opines that the fall in oil prices is a Saudi effort to strangle the American fracking industry in its crib. The deep-pocket Saudis can live with low-priced oil a lot longer than some of our fracking companies can.
Meanwhile, the new GOP Congress tries to pass a veto-proof approval of the Keystone pipeline. Which seems a trifle late and several dollars a barrel short. But who knows? While other federal pols work to raise our gas taxes. The crooked SOBs.
So let’s all enjoy the $1.89 a gallon regular while it lasts. It surely won’t forever.