I often feel as if I'm the only person alive who still does, even thought it was only forty years ago.

At the very time they were instated, all the economists who were not comatose said that these could only work in the short run, and that as soon as they were lifted, prices and wages would rebound sharply. And they were right.

Meanwhile, they stopped raises almost entirely while only some prices held steady. Those of us caught in the wage controls were angry, resentful, and hurt financially.

5 pounds of coffee became 4 etc.
Hard to fool mother inflation

If Congress were serious about lowering gasoline prices they could ban exports of gasoline to Europe and require refinfers to operate at minimum capacity level. However, that would lower oil company profits and you know whose campaigns they are funding...

It would certainly address the demand side of American refined fuel.

The only thing I can come up with (other than the knowledge that those that make billions off of said exports are bribing officials, er, I mean, contributing to election campaigns) is that perhaps there is an expectation that oil producing nations would retaliate.

the President has as much control over gas prices as he does over the price of milk, diapers, and iphones.
I remember Nixon's freezing prices, when the controls came off prices jumped and wages remained stagnant (still stagnant to this day)

He explains complex ideas in a funny and understandable way.

And that the U.S. can do nothing about the price of oil unless they open up the reserve spigot.

I'm a long-time fan of Cecil Adams.

Obama has no more control over gas prices than he does over Romney's stupidity. Like the latter, gas prices is what they is.