When you’re right, you’re right. And when you’re left, you’re bogus.

When gasoline prices are high, Beltway liberals blame Big Oil or Wall Street. But when prices come down, these politicians “never seem to notice the windfall losses,” observes a Journal editorial. In 2012 President Obama told his law enforcers to investigate potential “acts of manipulation.” But as far as we can tell, “in the nearly 17 months when the price of U.S. crude oil has slid from $107 per barrel to a recent $45, Mr. Obama hasn’t advanced a single conspiracy theory to explain this decline,” adds the Journal.

Seems basic economic principles such as supply and demand aren’t, in fact, some evil capitalist plot to ruin the world after all! Well not until prices pick up again anyway.

 

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