Republicans have launched an effort to tie Democrats to increases in the price of gas. Democrats argue that the time period is off and gas price increases should be measured versus what it cost when President Bush was first elected in 2000. Others argue that gas prices are a market phenomenon and government has little direct impact on prices, with the exception of taxes imposed at the pump. The price is an honest reflection of the intersection of supply and demand. Others say that free market has nothing to do with it and the oil companies have used their oligarchic powers to control prices to line their pockets.
So which is it: Pelosi and the Democrats, Bush and the Republicans, the market, or the oil companies? Which is it?
