didnt the economist say that gas was going to be at record highs with the pipline in alaska down. Im not complaining im just courious
2006-09-08 08:12:49 · 10 answers · asked by Anonymous in Social Science ➔ Economics
because a new reserve was found, and so gas companies were worried about competition, and lowered gas prices
2006-09-08 12:08:16 · answer #1 · answered by SHUGAR 2 · 0⤊ 0⤋
I agree with what Sweet said,we're only 10-12 weeks away from christmas,and so the nation's retailer's have put their arm on the politician's saying,hey,lower the gas prices so we can make sone MONEY! Wait til after christmas,they WILL GO UP! Has nothing to do with supply and demand,that is just pure propaganda that the gov'mt and the media keep feeding people.And as far as a barrel of oil is concerned,they say it's lower,they're lying as well.I wish american people would THINK FOR THEMSELVES instead of believing EVERYTHING they read in a newspaper,or see on TV or hear on the radio.Everytime you listen to the radio news or TV news,or any newspaper you are LIED to for about 95% of EVERYTHING that's told!
2006-09-09 13:51:49 · answer #2 · answered by Anonymous · 0⤊ 1⤋
The only market force is force itself. There is a supply of self-hating fools who worship the rich and there is a demand by oil executives' trophy wives or mistresses to have an even more glitzy lifestyle.
Not only do the multinational oil looters have an interest to keep their kind in power, they also respond to the threat that the public might be waking up to their Stalinist control over the bogus market price. Just mention nationalizing our oil or putting on price controls and these Wizards of Oz will chicken out from charging us as much as they really want to.
2006-09-08 15:31:13 · answer #3 · answered by Anonymous · 0⤊ 1⤋
In order of relevance:
1) Global economic growth is slowing
2) Refineries in the gulf that were destroyed by Katrina and Rita are coming back online
3) Global economic growth is slowing
2006-09-09 21:22:50 · answer #4 · answered by intelbarn 3 · 0⤊ 0⤋
I don't know why and trust me, I'm not complaining! I know during the X-mas season, they have this thing called the "Santa Clause Effect" Which is why around that time the gas prices are low.
2006-09-08 15:18:45 · answer #5 · answered by sweet_truth 4 · 0⤊ 1⤋
the Alaska pipeline turned out to be not as serious as they first thought,
the fighting in Lebanon has ended (for now),
and the summer driving season is over, so people are driving less and the summer gas blends arent required any more.
2006-09-08 15:18:42 · answer #6 · answered by Kutekymmee 6 · 0⤊ 1⤋
Because the elections are coming up and the Replublicans want you to know what a fine job they are doing for the country.
2006-09-08 15:18:12 · answer #7 · answered by Anonymous · 2⤊ 1⤋
Because the cost of a barrel of oil is going down.
2006-09-08 15:18:06 · answer #8 · answered by applebetty34 4 · 0⤊ 1⤋
simple Supply and Demand my firend, supply is up the price is less.
2006-09-08 15:17:37 · answer #9 · answered by Catherine 2 · 0⤊ 1⤋
don't jinks it. just enjoy it while it last.
2006-09-08 15:17:30 · answer #10 · answered by Anonymous · 0⤊ 1⤋