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When was the last time Mr. Romney purchased his own gas to give him a frame of reference? Romney might have done well at Bain Capital, but, he has apparently forgotten how gas prices are determined, or perhaps he never understood the process because he made so much money that gas prices didn't appear on his economic radar screen.
The largest percentage of gas cost is set by crude-oil suppliers, the oil-producing nations, of which OPEC is the largest. They determine the cost of a barrel of oil which eventually determines gas prices at the pump in part. Add to that the cost of refining oil, transporting it, taxes (local, state, and federal), and increases added by gas stations, and it provides a means to calculate how much a gallon of gas will cost. Have you heard of the Straits of Hormuz, Mr. I'm just an average guy and I'm wearing jeans to prove it? The only difference between Romney and most others who buy gas lies in the fact that most Americans don't have offshore accounts and don't have someone buying gas for them. Mitt Romney bears little resemblance to an average guy. One would think that someone raised in Michigan would understand all about the price of gas, but, if he did, he wouldn't blame Obama and his cabinet members for the increase.
The only gas he understands is that which emanates from his mouth while he boasts of his magnificent accomplishments. What Have You Done for Me Lately? comes to mind. He hasn't discussed his term as Governor of Massachusetts much on the campaign trail. I'll leave it to readers to determine why.
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