2006-09-08 23:17:48 · 12 answers · asked by Anonymous in News & Events ➔ Current Events
Superficially its because of lesser demand after labor day and speculation over a recent oil discovery in the Gulf. In reality, its probably due to posturing on the part of oil companies to reduce the price at the pump prior to the mid-term elections. Remember, big oil did not make the kind of profits we see today until Bush and the Reps took control of Government. Now that control of Government by the Right Wing is in jeopardy, due partly to the severe economic situation the middle class is suffering because of inept Bush domestic leadership, Oil sees that reducing the price of gas may make voters "go to sleep" and permit the Republicans to continue in power. Big oil fears Democrats, who would likely seek hard answes to the price gouging in the past six years, and who may impose injunctive relief, such as price controls. Its all supply and demand and, like your local corner drug dealer, oil companies fix prices based upon the maximum amount they can squeeze out of people.
2006-09-08 23:25:14 · answer #1 · answered by Anonymous · 2⤊ 4⤋
They are dropping because the election is coming up in a few months and all of the politicians want to be able to take credit for it. Prices will return to the insane when the election is over.
2006-09-09 09:44:34 · answer #2 · answered by Lola 6 · 0⤊ 0⤋
They are dropping because of the elections. Bush hopes that this will cause more people to vote Republican. After the elections they will rise again.
Bush wants the price to be at least 5 bucks a gallon before he retires. It would be a real treat for the American public to see his "blind trust".
2006-09-09 06:23:08 · answer #3 · answered by joker_32605 7 · 1⤊ 4⤋
after the elections are over plan on paying $4 per gallon.
2006-09-09 20:47:20 · answer #4 · answered by Vodka 3 · 0⤊ 0⤋
It has been reported they will continue to drop until November. Then who knows!
2006-09-09 06:29:06 · answer #5 · answered by jennifersuem 7 · 2⤊ 0⤋
Lower gas prices help Republicans and the Bush administration. Who do you think oil companies want in office, Repubs that give them tax breaks and kiss thier buttocks or Dems that might hold them accountable? They will go back up after the election.
2006-09-09 06:24:45 · answer #6 · answered by Anonymous · 1⤊ 4⤋
They are reported to be in a continual drop until they are around $2.00 a gallon again around election time.
Which brings the question, why can the prices only drop around election time?
2006-09-09 06:20:03 · answer #7 · answered by The::Mega 5 · 3⤊ 3⤋
Yeah, they are going down and they will stay there forever!!! Go buy your Hummer now!!!
Seriously, it happens EVERY SINGLE FALL!!!! (yeah I know it's not calandar fall, but football is on and school has started, so it's close enough).
2006-09-09 10:55:39 · answer #8 · answered by Manny 6 · 0⤊ 0⤋
this always happens after summer is over.. Not so many ppl traveling. and its also BUSH. I`ll be so happy when his time in office is up.
2006-09-09 09:41:50 · answer #9 · answered by Sandra♥ 5 · 0⤊ 0⤋
they discovered there is enough oil beneeth american soil to last another1000 years, the speculaters are covering their arses, heading for the exit, you might say
2006-09-10 03:28:09 · answer #10 · answered by acid tongue 7 · 0⤊ 0⤋