Now, while I know that correlation doesn’t necessarily equal causation, it’s pretty hard to argue that the President’s lifting of the executive ban on offshore drilling has nothing to do with the plummeting gas prices given the dates. The president lifted the order on July 14. Since July 16, oil in terms of price per barrel and per gallon at the pump have been in an unceasing downward spiral.
So despite what Pelosi and her out of touch party members think, it appears that it won’t take 10 years for the 2 cent reduction at the pump to come.
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[...] have very little effect on gas prices ignores even our current situation with the deafest of ears. Like I’ve said, the only change in the last month has been the lifting of the Executive Order against offshore [...]
[...] drilling here will only produce a $0.02 drop at the pump 10 years from now, even after Bush’s symbolic release of the Executive Order against drilling has so far dropped prices by over $0.43. (Their argument is short sited anyway. It [...]