Valdosta Daily Times

What We Think

February 15, 2012

The campaign of rising gas prices

VALDOSTA — As if the lack of economic recovery isn’t enough of a sore point across the country these days, experts predict another huge spike in gas prices come summer.

Why? Reasons vary from the potential for more conflict in the Middle East as Iran begins flexing its muscle in the region to closed refineries, the increased demand in the summer months, and lest it escape anyone’s attention, presidential elections in the fall.

It’s hard to believe that the timing of the predicted $4 and $5 a gallon gas isn’t somehow tied politically to the presidential race.

A similar spike occurred late in President George W. Bush’s term, and what effect the potential rise in gas prices has on President Barack Obama’s chances for re-election remain to be seen.

But there’s always unrest in the Middle East. Americans always drive more in the summer months, and we’ve been hearing about the closing of oil refineries for several years now. The only thing different this year is the election.

It’s difficult trying to trace those responsible for gas prices, as everyone blames everyone else, but the president is typically the fall guy. How sad if the election is in any way to blame and gas prices do spike close to $5 per gallon this summer. Once again it is the American public that will suffer, not the politicians who are the impetus behind it.

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