I was checking my daily reads this afternoon and I went to “A Trainwreck in Maxwell” where I found this:

I was going to mention the city, but there’s not much going on there, so someone could easily connect this blog to the company.

Anyway, this largish city in south west Texas isn’t -as far as I know- a hub of anything, much less an oil hub ,,,yet this isolated city has gas prices below San Antonio and surrounding areas.

Now we’re on day 83 of the blow-out and like day 45 of Prez Kickass’ complete ban on any drilling in American territorial waters.
Now, as long as I’ve been aware of gas prices- my entire adult life, every time there’s an interruption, or possible interruption of supply- – -the Exxon Valdez, troubles in the mid-east, a pipeline blow-out,we’re paying more because of the changeover to winter blend, we’re changing over to summer blend, Abdullah’s camel didn’t fart right— gas has gone up by a quarter in a week.

BUT, Captain GreenPeace has shut down almost a third of our domestic oil supply and gas is holding steady, or even dropping.

Why? I don’t remember gas prices holding steady when the bottom fell out after the economy cratered after 9-11. In the past thirty years, every time a camel sneezed, the gas prices spiked up.

Am I going to have to mark my post as another “Can I call them, or what?” label and drag it up on Nov. 3rd when the Dems get voted out en-mass and gas hits $5/gal when the Republicans take over in Jan.? Because that’s all I can see is the same Big Oil that shovelled money into 0bama’s campaign holding back their prices to help save as many Dems as possible.

Hey BP, how’s that crapload of money you sent to the DNC helping your company now?

I’ve been wondering about this a lot since the Deep Water Horizon blew up. Anytime in the past 30 years if a Hurricane was headed to the gulf, gas prices shot up. After the rig blew up I thought we’d be headed for $5.00 a gallon gas this summer. NOPE.

Iran and Israel going verbally going at it, gas stable. Past incidents like the verbal gymnastics in the middle east caused “Instability” in the energy markets and gas prices skyrocketed.

NOW, all the stuff going on and gas has been lower? WTF? Perhaps Kurt is correct in his assumption that the gas companies are holding things stable until after the election. I’m not real sure what the end game is on this but it seems really odd.

Here’s my take on it. The oil industry is waiting to see what the Obama administration decides what to tax next before the open up the gas price war. Big oil and the Republicans have a long term relationship. FACT. (So do the Democrats) BUT under republican leadership big oil does experience growth.

Under democrat leadership big oil companies are the bad guys in public,  in private they are as close to them as the Republicans. The oil industry does what it does to survive. SO what happens next?

Right now if gas prices went up, the Democrats would have another target to demonize, like wall street….There would be endless calls for price regulations, more taxes for big oil and it would help Obama in his quest for unicorn power. I’m thinking as soon as the Democrats don’t have a major majority in both houses, gas prices will start to climb.

When gas prices start to rise I look for a liberpuke blitz over our economic disaster caused by big oil…Even though, they disavow any responsibility for our current economic problems while they have had majorities since 2006.