Comments about ‘What others say: Gas prices an unreliable issue for Republican political attacks’

Many "peak oil" advocates feel, that since we are near the world peak of crude oil production, that oil prices will exhibit a period of an undulating plateau. As demand increases we will bump up against production shortages, and the price of crude will skyrocket, thus raising energy prices to the consumer. This will cause a mini economic recession which will drive down energy costs. This cycle will repeat for a decade, or so, until we reach a state of terminal oil production decline.

Maybe the doom sayers are right.

There might be some wisdom in recognising that the president, be they republican or democrat, has virtually no direct influence on fuel prices. Except newt gingrich. He had the plan.

As we have easily 200 years of oil the concept of Peak Oil is not too valuable at the moment. Oil prices will affect the election as if they are down Obama wins. If they are up he loses. It still is disheartening to fill up for $60. For some people that is nearly a day's wage.

Does this mean that Nancy Pelosi and Bush's other critics were wrong about Republicans causing high gas prices?