But the wholesale price of gasoline has gone up about 12.5% since the day before the election. I know, as Jerome has pointed out, market forces are at work. This rise has nothing to do with where we are in the election cycle, but I just thought I would point out that the price was $1.44 a gollon before the election, and today closed at $1.62.5 a gallon.
As I said in September, if I were a betting man, I think I would put some money on the price going up, rather than down between now and the start of 07.
I think it is likely to take off shortly after the new Congress starts its session. Could be very wrong…just sayin.
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