By: the Common Constitutionalist
We’ve all been pleasantly surprised by the drop in gas prices lately. It’s now in the $2.90/gallon range and that’s a good thing.
CBS News reported on a recent Morgan Stanley analysis. “Morgan Stanley predicted that sustained low gas prices could mean households could have as much as $40 billion extra to spend this quarter.” Merry Christmas!
This report was issued in October, before the midterm election, yet never touted by a single democrat. Why?
Well, industry experts claim that increased oil production, mainly domestic, coupled with waning demand due a sluggish world economy has created a supply glut driving prices down, which is great for American voters’ wallets.