One thing that annoys me about the news, is the lack of attention.  For months all we heard was how the sky was falling all because of gas prices.  Well now gas prices national average prices is $1.66 per gallon in the United States.  A year ago it was over $2 a gallon, 6 months ago it was over $4 per gallon, and only three months ago it was still over $3.50 per gallon.

Now look at it.

I have yet to see a front page article saying, “Gas prices falling, boon for economy”.  It certainly helps us in these tough times that we are not paying $4 per gallon.

Check out this historical chart from www.gasbuddy.com located here.

I also came across this article, during the presidential race when gas prices were such a hot topic.  Everyone was blaming each other, and each said they had their plan to fix it.  In this article Obama blamed it on the old political structure, you can read the article here.

And it was not just Obama, even McCain said he would act immediately to lower gas prices, this was on his own polical website located here.

Hillary Clinton also had her spin on how she would fix things on her website located here, she squarely blamed the Bush administration.

Well here it is, almost a month before Obama takes office, and it looks like it is fixed.  Down the prices go.  No real major policy changes, Bush is still in office, none of these people are in office to effect change and it happened anyway.  Could it have anything to do with how much we are paying for a barrel of oil?

Now of course, the theories will fly that it was a conspiracy of some sort, or that the impact of a new president coming to power influenced the prices to go down.  Or they will say Bush got so rich off the oil, that he does not need it anymore.

Me personally, I think it is just part of the cycle.  Economy and prices always go up and down, things change, there are so many factors that are likely involved that we will never know the reason the prices went down.  Too often we look for the one answer, but life is not that simple.  But someone will take credit for it.