You may have noticed as of late that the price of gas has slowly started to sneak back up. It’s not making dramatic swings like it was last year but sure enough every week the price of gas goes up a few cents more. The gas craziness of last year helped cripple our economy by forcing hard working Americans to suddenly double what they were paying for fuel. That extra gas money had to come from somewhere and so people started spending less on other goods which helped push down the economy to where it is today.
You’re probably reading this because you are wondering why gas prices are on the rise, so let us cut right to the point. They are on the rise because we have been throwing bailout money at the Banks and Brokerages left and right. If you look back to last year when the price of gas plummeted you’ll notice that it happened at the same time that all of the banks started to get in trouble and go under. When that happened the banks were forced to curtail their spending on oil speculation and the price of oil went into a free fall.
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