Is it any surprise that the price of oil is dropping as the oil rich republican administration and their good buddy oil rich countries want to keep the republicans in office?
2006-09-19 02:59:35 · 5 answers · asked by jackie 6 in Politics & Government ➔ Government
Keep watching.
2006-09-19 03:03:34 · update #1
You can't forget the possibility that it may be to help auto manufacturing get out of a slump.
The pres just met with the big3 and prices fell soon after.
2006-09-19 03:04:04 · answer #1 · answered by Dave 3 · 0⤊ 0⤋
Is it any surprise to you that oil and gasoline prices drop after the end of summer vacation travel? They ALWAYS DO. Simple supply and demand. The Republican administration does not and CANNOT control the price of oil to any significant extent. About all they can do is release some oil from the strategic reserves, which was done at the height of oil prices, not before elections.
2006-09-19 10:07:02 · answer #2 · answered by senior citizen 5 · 0⤊ 0⤋
It has nothing to do with the election it has every thing to do with oil price speculators taking the money they made bidding up the price and moving on. Demand drops in the Fall and the price also. Elections are in the Fall cause its after Harvest season.
2006-09-19 10:07:10 · answer #3 · answered by BillyJoeBob 1 · 0⤊ 0⤋
No it spiked again...Yesterday $2.70 today $2.75...very upsetting...!! That theory is out the window....Bush kinda ruined it for the Republicans didn't he?
2006-09-19 10:02:32 · answer #4 · answered by calming 2 · 0⤊ 0⤋
Yeah. It's all just politics!
2006-09-19 12:09:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋