Liberal in the Land of Conservative

Misreading MarketWatch: would "Bachmann's" bill bring gas down to $2?

We had a good belly laugh today when we read an attempt to use a recent MarketWatch article to defend Congresswoman Bachmann's prize press conference pandering for the "No Excuse for This Energy Act."

Readers may remember that Bachmann claimed that enacting the legislation--not a bill she actually authored or introduced, mind you, just one she decided to co-sponsor in April--would bring down the price of gas to $2 in four years.

We can certainly understand why Mitch Berg at Shot in the Dark ( crossposting to True North) would glom on to an article with this headline:

Gas could fall to $2 if Congress acts, analysts say

to vindicate the widely-ridiculed Mrs. Bachmann. Unfortunately for that reading of the article, the details tell a much different story about what might make gas prices fall. Hint: a different piece of legislation.