>>The American President has a lot of power but it is economic folly to think he can control the price of gasoline. Especially when the world's largest oil producing region has been undergoing massive unrest. A President can't even control the American economy, much less commodity prices in a destabilized Middle East.
>>
>>I have 3 words for you: Drill, Baby, Drill. You think that might have an effect on gasolin prices?
>
>Not really. If anything, BigOil will claim that they need to charge more to cover the cost of drilling where it was deemed technoloically or financially unfeasible before. BigOil drills it, BigOil buys it, BigOil refines it, BigOil sells it. Where in that loop, exactly, does the Goverment come in, other than not allowing BigOil to drill in places where the damage done would probably not be worth the amount of oil/gas they would get out of it?
>
>I don't know how it is in Ohio, but around here, you can be pretty much guaranteed that gas prices will get a 1 to 2 cent bump on Thursday nights and go back down on Monday. 3 to 4 cents before a holiday weekend.
>

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That is true everywhere in the U.S. in my experience. Gas up on Tuesday or Wednesday. News we can use ;-)