They have dropped 10cents a gallon here this week.
I thought that when Bush corroded the pipeline the prices were going to go up so his oil buddies could make a higher profit. At lease thats what all the left wingers here said.
2006-08-15 03:54:00 · 13 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
Because of the ceasefire and BP will try to keep the oil fields open during repairs.
Watch the news instead of relying on people on Y!A for your information.
2006-08-15 03:58:30 · answer #1 · answered by Pitchow! 7 · 0⤊ 0⤋
I wondered that too, because I had read (in actual valid news sources, btw) that because of the pipeline problem, prices would go up. And you know from experience that the prices usually go up immediately, even though the gas at the pumps certainly hasn't been affected yet. I don't see a good explanation here. It can't be the ceasefire because what I paid yesterday was less than the price before the Israel/Hezbollah thing started.
Suspendor, you and your kind blame everything on the "lefties," when it's the neocons who own the oil companies and are iniflating prices. The Republicans are terrified that they will, quite rightly, lose the majority in Congress this fall and are starting (finally) to act.
2006-08-15 04:01:22 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The strong attempt at trying to get a ceasefire/peace in the Middle East is having an effect on the prices of gasoline.
Also, many people have simply refrained from any extra recreational activities involving travel. Too costly. The need and the demand is dropping.
Many of the people are now traveling by rail.Considering the long wait at the airports involving security and the time to get to a destination, traveling by rail is a very viable option, time wise.
The facts should never be distorted by someone being right or left wing, politically. Once anything gets politicized, it begins to get corrupted.
In order to discuss anything, intelligently, we must pigeon hole the process and not mix economics with politics, religion, culture, etc. The shear fact that oil interests are in the White House, does present a line of suspicion as to motivation and arguments.
2006-08-15 04:11:34 · answer #3 · answered by marnefirstinfantry 5 · 0⤊ 0⤋
The gas prices are based on the price paid for oil on the World market. These prices vary depending on availibility, number of buyers, etc. There are a lot of variables at play at any one time.
The selling price is another matter that depends on competition or what competition there is and seasonal variations. Ever notice how gas goes up during the summer when most people travel and comes down in the fall.
2006-08-15 04:02:53 · answer #4 · answered by Kenneth H 5 · 0⤊ 0⤋
Let that be a lesson to you. Lefties don't know everything.
Gas prices are going down because someone realized that such high prices were beginning to be a drag on the economy. Hopefully, they'll now allow us to develop the free energy deviices that will fix the problem permanently now.
2006-08-15 04:00:54 · answer #5 · answered by Anonymous · 0⤊ 0⤋
january 2009
2006-08-15 04:23:12 · answer #6 · answered by NONAME 1 · 0⤊ 0⤋
It could be due to the price of oil per barrel going down in price.
2006-08-15 04:01:13 · answer #7 · answered by Rachel 4 · 0⤊ 0⤋
Because people (and oil companies) are not panicking at the moment.
The price more accurately reflects fear of what's going to happen than actually what is going on at the moment.
2006-08-15 03:58:57 · answer #8 · answered by coragryph 7 · 0⤊ 0⤋
Oh yeah, OIL, higher profits, you are very ignorant to make that statement.....
People whine because gas prices go up, and then you whine when they go down, and still have to bash our President! Smarten up!
2006-08-15 04:00:54 · answer #9 · answered by Katz 6 · 0⤊ 0⤋
Trying to bet a few repubs. reelected. After the election, prices go back up.
2006-08-15 03:59:09 · answer #10 · answered by Anonymous · 0⤊ 0⤋