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Sunday, October 01, 2006

Gas Prices: “Republicans May Be Relieved...But Their Voters Aren't”...

The New York Times JAD MOUAWAD October 1, 2006 at 10:12 AM

On election day, will voters see their gas tanks as half full or half empty?

Gasoline prices have plummeted in the last month, dropping by nearly 25 percent since mid-July, and despite a recent uptick in crude oil prices, most energy experts still expect the price of gasoline to fall a bit further by November....

..."Nobody thinks $2.50 a gallon is cheap; it's still expensive," said Representative Rahm Emanuel, Democrat of Illinois, who is leading the effort to win a majority in the House. "Guess what? Republicans may be relieved from a political standpoint but their voters aren't."

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