Liberals who used to knowingly say hey we can’t drill our way to lower gas prices you guys vs we drilled our way to lower gas prices http://www.slate.com/blogs/moneybox/2014/11/18/_3_gasoline_drilling_for_oil_brought_down_prices.html
Re cheap gas undermining our geo-political foes http://www.slate.com/blogs/the_world_/2014/11/19/are_the_united_states_and_saudi_arabia_conspiring_to_keep_oil_prices_down.html
This has been chronicled here and there… I think… but one thing I’m mindful of by my own observation is that driving habits have changed A LOT in the last 6 or so years. Consumption IS down.
Surprisingly and unexpected by me, I got a check yesterday for $29 for a class action settlement for a defect on my 2005 Toyota Corolla. A defect that in my case never manifested itself. Now sending me money, this car is the gift that keeps on giving. It’s paid for, has 180,000 miles on it, and has been unfailingly reliable (one repair, $225, wore out a wheel hub). I bought this car in 2007 to trade out of a nifty 2003 Ford Ranger 4 x 4. We were having one of those spikes, and gas was maybe 3.50 a gallon. I was commuting to a job in the west suburbs. I dunno, I might have been making $35 bucks an hour, but this truck was literally going to bankrupt me, I was filling it every 3 days at $70 bucks a pop plus making a $400 payment on it. I had to get rid of the thing immediately. I was upside down on the truck and had to roll some negative equity into a new loan for the Toyota. Conceptually, that’s a hard choice to make but I did it and with the Toyota’s far superior gas mileage my monthly car expenses went down significantly pronto. Now its paid for and it never breaks down… cuz it’s a Toyota and not a POS American car…. what’s it cost me a mile to drive, a dime? One of the smartest things I ever did.
That’s an anecdote, but I think it’s accurate to observe the affluent middle class has been similarly weaned off their full frame truck / SUV addiction. I haven’t seen many people buy ‘em (you do see these crossovers). And also anecdotally, I was one of many along with others that began using public transportation at least for a time. Things have changed.
Kevin Drum has some sense Scott Walker may be the next president. http://www.motherjones.com/kevin-drum/2014/11/why-scott-walker-might-be-our-next-presidentHis sense may be right. I’m going to come off as eminently sensible to liberal ears here again. Not trying to do that. But one thing I don’t like about Walker is his drug testing for welfare jag. Seems so retrograde, red meat to the base kinda thing.
I am ready to make a bet / prediction. Hillary is not going to be President. I don’t think it’s quite 50 / 50 that she gets the nomination. But if she does, she’s going to lose, to whomever. Kasich, Rand, Walker. She’s too old. It takes extreme circumstances and an exceptional candidate to elect a geriatric.