Gas price cuts due to political heat, not supply and demand.

UCAN In the Media

Don't even think about sending a love letter to Standard Oil in thanks for low gas prices. UCAN's Charles Langley says that there is a heat to price ratio behind the gasoline prices drops. When there is high political heat, gas prices drop, and right now the heat is on. WATCH THE VIDEO

Related stories:

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Radio Interview, KCRW, : The price of oil is going up, why not gasoline?

Commentary: July 31, 2007: Oil prices up, gas prices down.

Commentary, July 3, 2007: Heat to price driving gas prices down.

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