2006-09-11 04:23:09 · 13 answers · asked by Thomas A 1 in Politics & Government ➔ Government
just about a month and a half ago it was 289 here in nebraska
it is currently 227
2006-09-11 04:23:55 · update #1
High prices have caused a quick growth in supply. Now that the supply is rising, the cost is coming down. It's called the "law of supply and demand."
2006-09-11 04:29:10 · answer #1 · answered by pvreditor 7 · 0⤊ 2⤋
Yeah, there is an election coming. The neo-cons seem to think that we will forget that they are beholden to the oil interests if the prices drop. They will go right back up after the election-regardless of who wins. Happens all the time.
Another thing to set your watch by-there WILL be a raised terror alert level right before the Nov. elections. Then the neo-cons can say anyone but them will give in to terrorists and we will be fist fighting terrorists in our front yards (Shrub actually said this in a speech, late August!)
And you know what is just flippin' hilarious? A lot of people will believe it. Bwahahahah. I should be a politician, I can see dirty politics very easily, I'd be REALLY good at it.
Yippeeee!!!! Amy for Prez. LOL
2006-09-11 04:36:12 · answer #2 · answered by Anonymous · 1⤊ 1⤋
I think there are alot of reasons some are:
Auto makers building cars with better fuel economy and the hybrids.
People not driving as much demand is lower more gas in the warehouse not being used, the cost to store fuel is not cheap, that cost the oil companies and cuts into their profits.
The elections this November, the republicans want to keep the public happy so they will vote for them (my opinion)
The oil reserve was opened after the Purdobay Refinery pipe line closure.
And there is probably more.
2006-09-11 04:30:31 · answer #3 · answered by Anonymous · 2⤊ 0⤋
Gas prices usually go up at the biginning of the summer when many people drive to vacation locations or take week-end trips. Those price also usually go down at the end of the summer as people are no longer driving those long distances quite as often.
2006-09-11 04:47:33 · answer #4 · answered by scarlettt_ohara 6 · 1⤊ 0⤋
The industry is consistent with furnish and insist, now no longer ratios. If oil dropped yet yet another 40% consistent with barrel do you incredibly think of of you will see that variety of loss on cost? Oil loss 40 % consistent with barrel with the aid of actuality at an identical time as? documents can consistently mess you up.
2016-11-07 02:35:49 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Because the oil barrens need to take a break to find a place to put the additional BILLIONS in PROFITS they made off the increased prices this year, before they take in too much more. Sheesh....ain't easy being rich and powerful.
Ok, back to playing "Pin the Guilt on the Lobbyist".
2006-09-11 04:49:40 · answer #6 · answered by tat2me1960 3 · 0⤊ 1⤋
Market demand controls the price. Libs will say it's due to elections coming up, but it's too late to change any ones mind based on gas prices.
Vote Republican if you want security.
Vote Democrat if you don't.
2006-09-11 04:29:38 · answer #7 · answered by El Pistolero Negra 5 · 0⤊ 2⤋
Gas prices are becoming more and more like the weather, don't you think, no one is sure what's coming, but everyone seems to have an opinion.
2006-09-11 04:39:12 · answer #8 · answered by Alobar 5 · 1⤊ 1⤋
Why are you questioning it? Just keep praying they go back to under $2. That would be so much better then to have to pay what we pay now. I am so glad the gas is dropping. I really don't care at this point why its dropping just that it is.
2006-09-11 04:32:52 · answer #9 · answered by Lady C 4 · 0⤊ 2⤋
the president aloowed the reserves to be tapped. The low prices won't last long in my opinion.
2006-09-11 04:26:32 · answer #10 · answered by Ivonne 2 · 0⤊ 2⤋