23 June 2008
The first political post
I see Gordon Brown went to Saudi Arabia to ask them to produce more oil. I believe it was last week that he asked the public not to horde fuel in anticipation of even higher prices.
As you may know, petrol is headed toward 1 and half quid per liter. That's £5.50 for a gallon of petrol/£6.20 for diesel in the UK. That's 10 bucks a gallon. They've always paid more, but this is ridiculous. It would be over $150 to fill up a normal-sized car there ... never mind a lorry.
I've been fearing that this gas crisis here in the US is an elaborate set-up for an October surprise. Right before the election, the price will dip to $3.50 a gallon and the brilliant American electorate will say, "Hey, the Republicans really do know how to run things."
But watching this problem makes me wonder. Is Labour still so close to the American administration. In spite of a cozier atmosphere at the last visit, Brown obviously considers Bush a wanker. The "special relationship" is in tact, but it's probably never been in worse shape.
So who's pulling the strings? According to the Saudis, this is isn't a supply problem. Are the Republicans powerful enough to cause a global panic and the fix it? We'll just have to see what happens in the fall.
On a related topic, today's joke: "Inflation has reached a 16-year high, as indeed has Amy Winehouse. I was talking about her hair." -- Sandi Toksvig.
** photo "borrowed" from silversprite.com.
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