http://finance.yahoo.com/news/Oil-prices-tumble-cnnm-2352323674.html?x=0&.v=1
The drop hasn’t translated into lower gasoline prices though. The national average price for a gallon of gasoline rose for the forty-fourth straight day to $3.985 on Thursday, according to motorist group AAA.
Lower crude prices usually translate into lower gasoline prices, but the effect is delayed.
Oil is now down an incredible $8.00 a barrel today.
Gold down $34.00 to 1481.00.
Hmmmmmmm.
The problem is that summer isn't even here yet. I think shooting Bin Laden was the Obama administration's way of lowering gas prices.
It's not like they were going to upset their cash generating environmental policies when all you have to do is kill a terrorist.
Which begs the question: how long has the administration known about Bin Laden's hideout?