It isn't often that we see a real, tangible result from the assorted bureaucrats, technocrats, plutocrats and republicrats that scurry around the halls of government. That probably explains why the various branches of the U.S. government get such low confidence ratings while the military, which thrives on concrete results, is at the top of the recent 2008 Gallup Annual Update on Confidence in Institutions poll. However, President Bush has delivered on one thing—he lowered oil prices by $9.26 per barrel. That is a 6.3% drop on the price of crude oil for August delivery.
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