Morning Perspective: Fighting Fire With Gasoline

A Gas Tax holiday will do nothing to help the massive increase in gas prices. With Gas prices already up over 100% in a short period of time, a gas tax holiday of $.15 in the face of an already $3.00/gallon +++ increase is the proverbial drop in the bucket.

What's worse... any artificial means to lower gas prices will only fan the flames. Demand is not the issue. This is a huge supply problem. Stabilizing/increasing demand will only make prices worse down the road. Supply needs to be addressed.

There is no easy way out. When the 17 year old is still using a pacifier... because of relentless easy money policy, pulling that pacifier out means there is going to be a lot of crying.

But eventually the baby grows up... you hope.

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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