I think we are being lulled into a false sense of security. Low prices in an election year...just setting us up for a huge increase.
2006-09-13 12:45:31
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answer #1
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answered by thecat 2
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I know I know...
It is time for all the good people to vote a Republican in to office again. They own the big oil Co's so it would be best for them to lower the prices so they can brag that the mighty republican party did it for the public of the United States of America. Then the prices will go back up till about November 2008 when they will drop again.
Then there is the other thing they were betting on to happen but they might not get what they wanted. They are hoping a big storm will blow through the Golf of Mexico with damage or not they could say they lost production because of it and will take months to get caught back up. Which means gas will go up 2 dollars a gallon and then they can drop it back down by a dollar which has always made the public happy to pay a dollar more a gallon.. Being they don't seem to remember how much it was before it went up..
It is a game and only a game. Don't try to adjust your TV sets because the republicans are in control of it.
2006-09-13 12:38:50
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answer #2
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answered by Don K 5
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With the increased price smaller oil companies have begun to produce again, larger oil companies have increased exploration. Both increase the supply side.
If you look at a chart ( go to www.nymex.com ) of the last twenty five years you will notice a rise every spring and drop every fall with the exception of last year due to the Hurricanes. With kids out of school we tend to drive more, this is called summer driving season. Once school starts the demand goes down. If it is a cold winter the demand for heating oil will raise prices.
If supply goes up and demand goes down the prices drop...until one of those change, Expect the price to drop at least three more weeks.
2006-09-13 13:10:04
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answer #3
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answered by mymadsky 6
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2 words Record Profits
My question...... If you all ready paid the price willingly, Why would it not go back up??? Oil companies are making more then they ever did. lowering the price is kind of like you being asked to sell you're house way below what people are willing to pay. ( would you? ) NO.... But you may list it lower and say or highest bidder.to attract potential Byers.
2006-09-13 13:09:53
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answer #4
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answered by Shawn S 3
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i am a manager at an independent gas station and i have talked to my distributors and they say that it is going to keep going down. Chevron found an oil reserve that is suppose to in crease our home land reserve by 50%. we just got gas delivered today and it went down 10 cents. the bad thing is that since gas prices are going down some gas stations are not going down as far as they should. we have one not far away and i know that they are making at least 15 cents on the gallon. normally you would only make 3-4 cents. but that particular store always waits on us to go down before they will. even if they don't get a delivery.
2006-09-13 13:03:08
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answer #5
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answered by Anonymous
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Prices will lower or people won't buy.There are new studies out that say we are only using about 18% of available oil.
2006-09-13 12:58:07
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answer #6
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answered by Tommy G. 5
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Lower till the election, then look out. We've been tested at $3.00 plus and continue to buy. What is the magic number most say no too, $4-$5-$10 per gallon?
2006-09-13 12:48:07
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answer #7
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answered by edubya 5
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Why does anybody say do no longer purchase gasoline from this company or that. Its so stupid. How do you be responsive to what oil company aspects what station? the kind call of the station does no longer propose it is an identical Oil company. provide up blaming people for our issues! go searching you, what do you notice? Waste. once you're sitting contained in thechronic via on the financial business enterprise, waiting for quarter-hour earlier your turn, what's your automobile doing? Idling. whilst that's chilly interior the morning what do you do with your automobile? Idle it to make it heat. once you basically run interior the save for a minute, the automobile is idle! If all of us made variations in our very own very own lives, anybody people, we'd save tens of millions of gallons of gasoline. that's pointless to idle automobiles and burn gasoline at 0MPG. It lessens the life of your automobile, will develop emissions, and make an greater call for for gasoline. the bigger the call for, the better the fees! purchase oil which you would be able to alter each 35,000 miles. changing your oil each 3,000 makes use of pointless oil and additionally provides to the call for. electric at your place makes use of oil, or coal in many electric ability flowers for burning or transportation. Unplug all your digital once you're no longer utilising them and you will save an outstanding quantity of power. particular electronics use ability whilst grew to become off, some use assorted wasteful ability.
2016-11-07 06:41:03
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answer #8
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answered by ? 4
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going down unless something happens in the world. Reason high reserves, and we (U.S.) are going into winter which calls for a different mixture for gas which is cheaper then the summer one
2006-09-13 12:39:47
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answer #9
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answered by retired_afmil 6
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Eventually, they will begin to rise again... but for now, enjoy the low priced fuel...
2006-09-13 12:44:32
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answer #10
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answered by ToYkaT04 3
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