Last week I was in Central Florida, marveling at gas prices that hovered right around $2.03 a gallon at many stations. When I came home, my neighborhood convenience store was offering it for $2.68.
Let’s launch an investigation.
As silly as that sounds, it’s not out of line with how Americans tend to react to the supply-demand-politics-and-terrorism influenced ups and downs of the prices we pay at the pump.
Kiss your low electricity rates goodbye, Utah.
A quick look at a map provided by the Edison Electric Institute shows Utahns, on average, paid 9.98 cents per kilowatt-hour in 2012, among the nation’s lowest rates. But then, the map also shows that other states with coal are in the same company. A narrow swath from Louisiana through Kentucky has lower rates than Utah.
They can kiss it goodbye, too.
The Federal Reserve Board is serious about wanting you to buy a house — or maybe even two.
Show of hands, now, how many of you have heard people complain that they want to buy a house but those darned interest rates are just too high?
I thought so.
The average rate on a 30-year mortgage right now is 3.6 percent. To
If gas prices are rising, you can bet some politician is out there trying to blame it on the other party. That is especially true with an election looming.
So it’s no surprise that on the same day the Washington Post reported a 1.5-cent overnight jump in prices to an average nationwide of $3.843 per gallon at the pump, Washington State Rep. Doc Hastings, a Republican, said it was President Obama’s fault.
Careful, now. If you live by politicizing gas prices, you may also die by politicizing gas prices.
I’ll admit the president was shortsighted in opposing the Keystone XL Pipeline, mainly because he was guaranteeing the Canadians would simply do business with the Chinese instead of with us. Also, the president has hampered some offshore drilling projects that would be important to the long-term needs of the nation.
So, where is the talk about curbing those evil oil speculators now? Why are gasoline and a national energy policy not part of this year’s political mud-pie throwing contest?
I raise the question only because it’s a nice, sunny mid-summer day — the kind that is perfect for an old-fashioned road trip — and gas isn’t at $5 a gallon.
For some, that would have been a shock to know last February. A lot of experts back then said we would be paying close to that for gas by now.
It wasn’t just a case of Democrats anxious to blame the greedy. Rick Santorum, the former senator from Pennsylvania who enjoyed a brief moment in the presidential sun, was warning of $5 gas.
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Jay Evensen is the Senior Editorial Columnist of the Deseret News. He has 32 years experience as a reporter, editor and editorial writer in Oklahoma, New York City, Las Vegas and Salt Lake City. He also has been an adjunct journalism professor at Brigham Young and Weber State universities.