The GOP (grand oil party) would have us believe these lower gasoline prices reflect lower demand and not that they think we will forget the gauging and vote republican. Reminds me of in the Army 2 weeks b4 the inspector came around how the food improved, the mail was on time, we got more time to ourselves. The worst part was the vast majority immediately forgot all the BS and then when the inspector left back to the lousy food, no more turkey for us. How bout you do you like turkey or are you one???
2006-09-18 13:50:51 · 18 answers · asked by icheeknows 5 in Politics & Government ➔ Other - Politics & Government
Do you really think an oligarchy is ruled by supply and demand? That would be naive of business people.
2006-09-18 14:07:40 · answer #1 · answered by Jose R 6 · 0⤊ 0⤋
You are so right! Gas prices have nothing to do with supply & demand. Interestingly, if you do some research you might be able to find some information that shows that oil is actually a renewable resource, contrary to what the powers that be want us to think. We have been told that oil comes from the fossilized animals, & therefore is only a specific supply. But, if this information is correct, & I strongly believe it to be, then there is no concern for supply, as it does renew/replenish itself, as it is made from the earth. Watch carefully what those that have their hands on the controls do with this information---they don't want it to get out--prices would have to drop dramatically & their power would also be severely diminished.
Regardless, I still agree with you. It's all politics & money.
2006-09-18 21:08:03 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It's not just the GOP it's documented fact. Gas prices always go down this time of year between summer and the holidays regardless of who wins in November they'll go back up. The only reason they didn't drop in fall of last year was because of Hurricane Katrina.
60% of the cost of gas is due to the cost per barrel and don't expect it to go down anytime soon unless demand drops. Don't fall for the hype either that gas companies are afraid of alternative fuels, in Europe right now BP already has several hydrogen fuel stations up and running.
Who'd you think was going to supply the alternafuels?
Good news is coming hybrid sales are up and smaller cars such as the Italian SmartCar are coming but hey be glad you're not in Holland where gas is 9 bucks a pint!
2006-09-18 21:14:08 · answer #3 · answered by sprydle 5 · 0⤊ 0⤋
I don't discount the fact that elections are looming. However, if you had one eye and half sense you would have noticed that the price of gasoline drops every year when school starts and people start driving less. (That is a demand factor)
But also less obvious is that the summertime EPA rules requiring the variety of gasoline blends also end abou the same time increasing the refining capacity. So you get a double whammie price decrease. It happens every year.
You must have bought into the hogwash the politicians were selling a while back when they proclaimed see we can have stricter regulations and it doesn't effect the economy. Right?
2006-09-18 21:06:39 · answer #4 · answered by Roadkill 6 · 0⤊ 2⤋
There is a lot of anger in all these answers. Oil companies are enjoying record profits but not building new refineries. Why?
America needs to get serious about alternative fuels. I am voting democratic in 06 and 08.
2006-09-18 21:11:11 · answer #5 · answered by Jim G 4 · 0⤊ 0⤋
If you had a great big pile of oil in a tank and you wanted to sell it. You put up a for sale sign. 3 guys show up at the same time.
Who are you gonna sell to? The highest bidder.
Or if you and 3 guys down the street also have a pile fo oil to sell?
Its supply and demand... and the trading floor idiots who get a hard-on everytime a guy on a oil rig farts.
2006-09-18 21:03:57 · answer #6 · answered by ryanlas 3 · 0⤊ 1⤋
I am not so concerned about gas prices, because I make enough money to afford it. The people who complain about gas prices are the ones who are working the McDonald's french fry fryer. Where is the outcry over the price of housing? Why, I remember that you used to be able to buy a house for $10,000. But that was when gas was $.25 a gallon. Let's review your stunning insight on simple economics. Oh, wait. You have none.
2006-09-18 21:03:29 · answer #7 · answered by Me again 6 · 1⤊ 2⤋
Being over or under 40 has nothing to do with it...it has to do with whether you understand economics, which you obviously don't.
Typical liberal...complains when gas prices go UP, and now you're still complaining when they're going DOWN? What do you WANT out of life??
2006-09-18 22:40:10 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Gas prices always go down after the summer travel season.Are you having trouble remembering every year of your life.Yes to a certain extent it is supply and demand.Demand is down at present because travel season is over.
2006-09-18 21:07:31 · answer #9 · answered by ben 3 · 0⤊ 0⤋
Yes
2006-09-18 21:12:44 · answer #10 · answered by lordkelvin 7 · 0⤊ 0⤋