2006-09-23 06:53:45 · 13 answers · asked by sunburgnorway 1 in Cars & Transportation ➔ Other - Cars & Transportation
Because it was artificially over-inflated in the first place. Don't worry, if you heat by Propane gas, you WILL be making up for it this Winter! ://
2006-09-23 06:58:05 · answer #1 · answered by AdamKadmon 7 · 2⤊ 1⤋
Two reasons - First, oil is traded on what is called the "Futures Market". Like stocks on Wall St. oil is bought & sold every day and the prices all depends on what's going on in the middle east, hurricane season, politcs, etc. It's all in what people like the future is going to be like.
Second, it depends on the driving season over here. Summer is a big driving season so in late spring the price goes up. After Labor Day the price goes down. You'll see this as payday, holidays, and the weekend approches too. It's not that they're gouging you (well, some are) but rather the demand is higher. Tuesday & Wednesday are the cheapest days.
Also, the price you pay today is not for the gas in the ground today, it's for what's going to be there in two weeks.
2006-09-23 14:05:54 · answer #2 · answered by Jim C 5 · 0⤊ 1⤋
Because Bush & Dick are getting ready to vacate the White House in the up and coming years and the have to make good for the Republican party. Besides the fact that they allready made enough money draining the sh!t out of our US economy. Its they're way to give back for all the blood shed in Iraq! You see, he's not so bad after all!
2006-09-23 14:28:00 · answer #3 · answered by made_ln_dade 1 · 1⤊ 0⤋
They found lak, 900 billion barrels of oil in rocky mountans
"While we were trying to do the math, O'Connor told us the answers. Upwards of a million barrels an acre, a billion barrels a square mile. And the oil shale formation in the Green River Basin, most of which is in Colorado, covers more than a thousand square miles - the largest fossil fuel deposits in the world.
Wow. "
2006-09-23 14:14:39 · answer #4 · answered by Anonymous · 0⤊ 1⤋
A free market means that whoever controls a market is free to do whatever he wants. The X-Mob at Exxon-Mobil is afraid that a Democratic Congress will investigate price-gouging and the "American" oil companies collusion with OPEC.
2006-09-23 14:03:58 · answer #5 · answered by Anonymous · 0⤊ 1⤋
More than likely it has to do with elections coming up soon. Have no fear it WILL go back up with the Holidays coming and after fall elections.
2006-09-23 14:03:02 · answer #6 · answered by shirley e 7 · 1⤊ 0⤋
Elections, Republicans trying to trick folks again.
2006-09-23 14:43:28 · answer #7 · answered by Anonymous · 0⤊ 0⤋
The gas companies say it's a new "winter mix" replacing the "summer mix". Who knows?
2006-09-23 14:02:17 · answer #8 · answered by banjuja58 4 · 0⤊ 1⤋
Because Bush's approval ratings go up every time gas drops. Thanks fellow retarded sheep thinking americans.
2006-09-23 13:58:26 · answer #9 · answered by ThisJustin 5 · 3⤊ 0⤋
i dont know but i think its great hopefully it keeps on dropping
2006-09-23 13:55:16 · answer #10 · answered by brownbeads 2 · 0⤊ 1⤋