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Originally Posted by Rupert Pupkin
Jessica misuderstood the quote. She thought that Thomas was insinuating that the White House was respnsible for the drop in oil prices. That's not what he was saying. He was saying that the white House is frustrated that when gasoline was $3.50 a gallon, it was all over the papers. Now that it's $2.70 a gallon, that's not metioned in the papers. So they're frustrated that they are sort of blamed when the price goes up, but they don't get any credit when the price goes down. The truth of the matter is that oil is a commodity that is traded all over the world. Our governmnet has no control over oil prices at all.
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What you say is true with an asterisk. What you should say is that our government has no DIRECT control over oil prices. Just like our government has no DIRECT control over long term interest rates. If you are implying that our government has NO influence on worldwide crude prices, that would be incorrect.