User Comments

1. 

   12/29/08

   clioandme

   It is only a matter of time before gas prices go up. It won't be because of the media though, except to the extent that there is a feedback loop with the general mood of the country. Pessimism about the economy helps gas prices go down. Optimism will spur consumption and send them back up. Personally, I'd rather have a good economy than low gas prices. I also worry that low prices will discourage conservation. Indeed, now would be a good time to phase in gas tax increases, but in small monthly increments so as not to pose undue stress on the economy.

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   1. 

      12/31/08

      sumpterc

      Someone brought it to my attention that maybe this war in Gaza will be a reason for them to raise gas prices? Did that ever cross your mind?
   2. 

      12/31/08

      clioandme

      How? It does not involve any oil-producing countries. Of course, the other Arab countries could get really angry and go for an embargo like in 1973, but I don't see that happening. Our relations with Saudi Arabia, for example, are very different now.
2. 

   1/02/09

   jefftompkins71

   Well, if someone is part of the "Radio Right," where media-bashing is a full-time hobby/sport/profession, then one will probably end up blaming the media for gas prices. And rain.

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   1. 

      1/13/09

      sumpterc

      The prices have begun to rise...