Driving in America

The gasoline scare is in full swing. The national average is a record $4.10 at this point in time. Everybody in America feels this sting in their wallets and bank accounts. It is no worse than what it is in Alaska and California. Those two states are $4.55 and $4.61 respectively. That is absolutely unbelievable. In case if you're wondering, the two states with the cheapest gasoline are Oklahoma and Missouri, paying $3.82 and $3.84 respectively. The hardest hit in these two states tends to be small towns. There may be relief from the Middle East in sight though.

Saudi Arabia has released a statement saying that they will produce 2,000 barrels of oil. Why are they helping us out? Are they scared of the potential George Bush bill in which mentions off shore drilling in Alaska. If that is the case, that is actually commendable. Normally, I am not in favor of using bills as a form of threatening, but in the case, I like it a lot. If he threatens Saudi with pulling out to drill his own oil, he is in essence putting his foot to the throat of Saudi Arabia, by threatening their biggest international trade partners out of one of their biggest international trading partners. The result could be a decrease in gasoline prices by between 50-75 cents. I don't think anybody in America would mind that.