RE: Will Scolds Media for False Reports of "Record High" Gas Prices

I see the whole discussion as being kind of silly. There is a threshold of pain for fuel prices. Obviously, we have not met that threshold because our demand continues unabated. Yes, high fuel prices are no fun, but there is no indication that Americans are adjusting their behavior due to the levels. All discussion related to the subject is nothing more than wind.

Fuel, its availability, and its price have been ingrained topics in the American social and political dialog for so long now, the kind of knee-jerking we saw in the early 1970's is not likely to occur again. We will know that prices have reached out threshold of pain when we see more serious discussions of alternatives and of mass transit. Until then, the wind serves to do nothing but sell advertising time on the 24-hour news marathons.

Gas prices have dropped about 10 cents in Greensboro in the last week. The people who sell gas and oil have become very adept at sensing the American threshold of pain for fuel prices.