Prediction on Mileage Rates

With oil prices dropping below $90 per barrel the smart money is being bet on no action being taken to increase the standard mileage rate for this year.

Congress has forgotten the issue and the relief at the gas pump has reduced consumer anger over fuel prices. I guess that our elected officials only react to "emergencies" - not good policy initiatives. I also suppose that Americans have too short of an attention span to stay on an issue, especially when new and bigger problems arise.

We will anxiously wait to see what the rate is set at for 2009.