The Democrats and the Price of Oil

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.

Now, does everyone remember Tom Steyer, the enviroweenie billionaire? His super PAC was the single largest campaign donor this election cycle, and every cent went to the democrats. read more