Remember when gas prices began rising after Katrina. The media was apoplectic, pushing conspiracy theories involving Cheney, Halliburton and the oil companies. Now, not a peep. Suddenly the MSM understands market forces. James Lileks noticed it too:
Gas hit $2.45 at my local station today. A little over two weeks ago it was $1.87. Where are the stories about gouging? Obscene profits? Peak oil?
Let’s see. Who’s the president now? Oh, yes, a Democrat. Like the homeless people who suddenly become the big national news story when a Republican is in the White House, gas prices become a non-issue when a Dem lives on Pennsylvania Avenue.