The New York Times told us about three weeks ago that "there's little President Obama" can do about the current pump price of gas. Since then, it has become a well-established media meme. Poor guy.
Well, not really. Four years ago, another U.S. president did something which caused the barrel price of oil to drop by over $6, and the press spent the rest of the day trying to pretend that the drop had nothing to do with his actions -- and almost succeeded. What follows is from my related NewsBusters post on July 15, 2008 ("Oil Drops Over $6 a Barrel; I Wonder Why?"):
1 comment:
The fact that this administration can do little to effct fuel prices is the reason I'll be voting for a new administration.
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