Horray for Subtlety

I remember in the weeks approaching the election, there were a number of articles and economists talking about the lower gas prices. One thing they strove to point out was that the falling prices were mistakenly seen by laymen as a political maneuver by the oil companies. They offered one explanation or another as to why this was wrong.

Here we are, a week after the election, and sure enough, gas prices have rise by about $0.15 here in Los Angeles. Pure coincidence, I'm sure. Let's see what happens to gas prices in the coming weeks and months.

But for everyone who was afraid to vote for Proposition 87 because it "would raise gas prices," what the analysts and commercials failed to mention, was that gas prices would rise no matter how we voted.