The lighter side of gas prices?

The Biden administration tried to put a Happy Face on the rising gasoline prices by pointing to a recent, tiny dip.  Even the pro-Biden Washington Post reported yesterday on how silly the administration is being.  

"No one would argue that things are going perfectly for President Biden. Many, in fact, would point out that, at least politically, things have rarely been worse. His approval rating is in the low 40s, and his efforts to finalize his major spending package are trudging along. It’s possible that, by the weekend, he’ll be contending with a government shutdown.

"So it’s safe to say that having his allies gin up defenses as shoddy as this won’t really help much.  

"That’s a graph from the Democratic Congressional Campaign Committee (DCCC) showing a drop in the average price of a gallon of gas in the United States. The line does go downward, it’s true, and rather dramatically. Were that axis on the left a scale from zero to $4 a gallon, that decrease would be remarkable. Nearly free gas! Certainly something worth hyping.

"But the axis does not use the scale. Instead, the line drops from about $3.40 to about $3.38, as marked on the y-axis — or, in layman’s terms, a decline of two cents. And since we’re talking about two cents out of nearly four dollars, that graph depicts a drop in the price of gas of just under 1 percent of the cost." 

(WAPO)