Sunday, May 11, 2008

Oil

Oil today was reported "steady" at above $126.00 a barrel. Driving north on the Merritt Parkway this evening we noticed that gas prices on that stretch of road ranged from $3.89 to $4.05.

Meanwhile, in the face of the McCain/Clinton gas tax non-starter, Repub Rep Jeff Perry believes that one economically unsound idea deserves another -- so he's proposing dropping the state gas tax for the summer. I suppose it was only a matter of time.

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