FYI: The Government Really Could Lower Gas Prices If They Wanted To

- By Bossip Staff Categories: Bolitics, Did You Know, For Your Information, News, SMH View Comments

Gas Prices

We all tend to assume gas prices are due to real conditions in the world, ie Hurricane Katrina disrupting distribution in the South or conflict in oil-producing countries like Libya and Iraq driving the price of crude up.

But experts say it’s mostly the psychological reaction that these “real conditions” create that are causing prices to rise as sharply as they have recently. There’s also the fact that we Americans like sh*t the way WE like it, and therefore, aren’t as quick to take the necessary steps to lower prices.

It’s not impossible though. Here are five things the government could do now to not only stop us from hitting those record-breaking gas prices we’re sure to see before summer, but actually bring it back to lower prices than we’ve been seeing over the past couple of weeks.

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