2006-09-16 10:55:43 · 22 answers · asked by ENRIQUE L 1 in Cars & Transportation ➔ Car Makes ➔ Ford
yes they were to d**n high too start with
2006-09-16 11:00:35 · answer #1 · answered by natallbad 4 · 0⤊ 0⤋
Ok all you folks that want to put the political spin on the situation need to get a reality check. Then you need to take a breif lesson in supply side economics along with a breif look at supply and demand trends. Durring the summer moths when folks are travaling more (i.e. kids out of school & vacations) the demand for fuel goes up. Therefore the big three oil companies can hike up there prices and bust their proffit margins. They know that no matter how high they make the price consumers will be forced to pay the price. When the end of summer aproaches they drop the prices to incurage more spending on the part of the consumer. However keep watching. With winter fast aproaching in the northern states the price of fuel oils will start another upword climb. If you noticed 4 years ago when fuel first broke the $1.50 per gal. mark the consumer was in a panic. The prices climed to $2.00 per gallon. Then they dropped back to $1.60 and every one said look how low the gas prices are. Then after The two major huricanes in 2005 the prices went up to $2.50 and the consumer panict. They would son reach $3.00 before the clime haulted. When they dropped to $2.00 the consumer said look how low the gas prices are. Now in 2006 the price has gone over $3.50 in some places and once again they have fallen to as little as $2.15 in some splaces. And once again consumers are rushing out to buy "Cheap" gas. So llok at the price we as consumers have grown to accept. A sustained price increase of over $1.00 per gallon in 2 years.
2006-09-20 06:05:51 · answer #2 · answered by Cowboy Roy 3 · 0⤊ 0⤋
The Republicans are about to lose congress and big oil backs them so they are lowering prices to help them win the election. After the election watch the price take off again...
2006-09-17 18:05:20 · answer #3 · answered by svt 3 · 0⤊ 0⤋
To get people to believe one party is responsible for Gas prices falling so you Vote all that party and when they get elected..
Gas Prices will go back up cuz they will no longer care they got what they wanted the votes.
2006-09-16 18:05:13 · answer #4 · answered by steve 3 · 1⤊ 1⤋
the Republicans are trying get on the good side of the people again. The prices will go back up after the election
2006-09-16 18:08:45 · answer #5 · answered by norsmen 5 · 0⤊ 1⤋
Maybe because they noticed no one wanted to buy gas so they decided to drop it so they would get a lot of people to buy gas and get more money.
2006-09-16 17:57:53 · answer #6 · answered by Anonymous · 0⤊ 0⤋
The mid-term elections are approaching in November. The Bush republicans are running scared. Its the one thing they will point to and say, see things aren't so bad. And within three months of the election, if they remain in control of both houses of congress they will rise again.
2006-09-16 20:12:34 · answer #7 · answered by tepidorator 3 · 1⤊ 0⤋
I'm in agreement with Cowboy Roy on this.
Anyone remember what it was say about 35 years ago. I remember it was .69 gal in Chicago. and in Ar. it was .39 gal.
That's right! Under a Buck!
2006-09-20 15:22:34 · answer #8 · answered by Gramms 4 · 0⤊ 0⤋
after the price hike people bought less gas so there became an oversupply. they are simply geting rid of it so they can raise the prices back to where they like them.
2006-09-16 18:01:51 · answer #9 · answered by Anonymous · 2⤊ 0⤋
No hurricanes, Israel is not at war, and summer is over, I think on top of that the oil people are having to pay taxes on all the money they screwed out of us.
2006-09-16 21:54:45 · answer #10 · answered by Josh S 7 · 0⤊ 0⤋
Where is it dropping we pay Rs.55 per litre i.e, $1 or 1 Euro per litre.
It seems they are still gonna increase it.
2006-09-17 13:48:31 · answer #11 · answered by I am rock 4 · 0⤊ 0⤋