A central reason that oil supplies are not rising much is that major producers outside the OPEC cartel, like Russia, Mexico and Norway, are showing troubling signs of sluggishness.
[From Oil Price Rise Fails to Open Tap - New York Times]
And we, woohoo, want to go on vacation. So Clinton has jumped in bed with McCain, calling for a holiday from federal gasoline taxes this summer. She wants to link the pump-price cut to a windfall profits tax on oil companies - can you spell "fat chance"? Obama correctly calls bullshit.
All of which proves that while you might, in some alternate universe, get a little tax break for the summer, never in your wildest, most bizarre fantasies will you ever get a break from politics.
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