September 15, 2006

Blaming Bush, Again

MyDD's Chris Bowers looks at George Bush's approval ratings vs the price of gasoline.

    Bush's approval is not up because of his speeches on terrorism, or some other baseless, purely conjectural reason. Bush's approval is up because gas prices are down. This is probably related to releasing part of the strategic reserves this spring, just as in 2004 around election time it was related to making a deal with the Saudis to increase oil production. It didn't stop raining because God stopped peeing. Bush's approval is not up because he is using better talking points in his speeches.

    That gas prices are dropping around election time is no surprise at all. In fact, I predicted it would happen five weeks ago. When a power-mad administration is this marinated in the oil industry, and when it isn't exactly a state secret (except, apparently, for journalists) that Presidential approval has long been tied to the price of gas, of course the Bush administration was going to do something to lower the prices of gas around election time.

I don't think Chris has any idea about the oil supply line and market reaction times.

If releasing oil from the Strategic Petroleum Reserve in the spring cuts prices in September, how can Saudi production increases "around election time" have an immediate affect on gas prices? Shouldn't they both be instant? or both delayed?

The post begs the question, why "a power-mad administration this marindated in the oil industry" that has enough control over the price of oil, would allow fuel prices to rise? Why not keep us all fat, dumb and filling our Hummers? It's easier for a President to get his way if he's liked.

But don't sweat the details. According to Mr Bowers, there's no need for concern about the numbers unless the Republicans can gain another three or four points.

He doesn't say what that means, but since we're in conspiracy mode, I think it means that Republicans are in Diebold range.

Update: Incidentally, lest you believe that this is a fringe liberal idea... here's a picture of Chris Bowers meeting with former President Bill Clinton the other day.

Oil and Energy President Bush Posted by AlexC at September 15, 2006 2:59 PM

I disagree AlexC. We're not quite in Diebold range yet and I think we'll have to keep African-Americans from voting.

Posted by: jk at September 15, 2006 3:20 PM | What do you think? [1]