Re: Chomsky on Hersh & the leaked info he reported
Mike Ballard wrote:
I think oil was over $70 a barrel today. Cui bono? Schrub’s Texan oilman pals?
Certainly not Bush’s approval ratings, which are strongly negatively correlated with the price of gas. A simple linear regression of the nominal gas price against W’s Gallup approval rating has an r2 of .69; of the log of the gas price, .75. Based on this, should gas hit $3.00, W’s approval rating could hit 30% or below (latest is 37%).
Doug