Anyone else think it peculiar that gasoline is dropping significantly as we approach Election Day?

Question

Anyone care to predict the increase in gas prices by the weekend following the Election? How about by Thanksgiving?

Yes, Brianthe, the idiocy IS astounding. You don't think that oil companies and distributors can set prices below market if they want to? What OPEC does is irrelevant. Exxon-Mobil has reported quarterly profits for a year now that break records of all corporations in any sector and industry - they can afford to conspire.

Mangy - what's the off-topic part of your answer mean?

Answer 1

Not at all. This was planned out to coincide with Summer travel and the elections, big oil covered their ow big A$$e$.

Answer 2

this question looks to recommend that the U. S. or the U. S. authorities has some style of direct administration over oil and gas expenditures. If it were authentic, and it almost actually isn't because the oil marketplace is a international marketplace, why might want to they have allowed the cost to bypass above $4 contained in the first position with all the monetary and political consequences they have already suffered? some human beings look in a position to come across a conspiracy lower than each and every tree. It frequently in basic terms shows a lack of recognize-how of the problem accessible.

Answer 3

Ok, historicly the gas price always goes down when summer ends, it will go back up around the holiday between thanksgiving and Christmas,

Another slight decrease after Christmas, but then depending on the temp in the winter, heating oil prices will push it way back up again also

It is called supply and demand.

Also with the new oil discovery the thought of new oil in 6 years is helping

And honestly what do you think Bush does to control OPEC and the price per barrel of oil.

Anyone who really beleives it, ( I know alot of liberals say it but know better) but what do they think Bush does to control the oil price ? I have to laugh

Answer 4

Not sure 'peculiar' is the word I would use, lol.

As far as predicting goes, a few months ago regular was $2.99 in my area, now its down to $2.39. I would expect it to continue to drop until after the election, then over the course of a few weeks climb back to the $2.89 range. It'll probably spike up to $3.29 or higher over the holidays, then drop back down a bit after new years.

Answer 5

The idiocy is astounding.

Let's see, in order for Bush to control the price of gas, he'd have to control the suppliers, and thereby the supply. Who are the major suppliers of our oil?

Venezuela. Not exactly friendly toward Bush
Russia. Not exactly friendly toward Bush either.
Iran. Yeah, do I even need to say?
China. Again, do I need to ask?
Nigeria. Back and forth, but they are busy fighting their own civil war.

These are the major world oil producers. Our own domestic supplies are so small that even if our domestic companies offered every drop for free, it wouldn't put a dent in the overall price.

Answer 6

Back to over $3 per gallon by Thanksgiving.

Which gets blamed on the winter months, and holiday travel, becuase of course that only happens right after elections.

Answer 7

the high gas prices are hard to deal with but on the plus side it has made me plan my errands more carefully witch has reduced my gas use and benefits the environment. P.S. can you send one of those American Dem's to Massachusetts so their will be someone I can vote for

Answer 8

Hmm, Good observation. And we know who gives the oil companies all the breaks.

We have brains andy g

Oh, so know 'thinking' is now a conspiricy.

Answer 9

GW Bush is a genius! coragryph your no better than any other wacko consiracy theorist! lol

Bush is Right!

Answer 10

Evidently, you don't watch the markets and are completly un-informed.
I bet you think it's a conspiracy.