Gasoline in my area has declined from $3.05 a gallon in August to $2.05 a gallon in September. I know of nothing else on the market that could possibly go down in price that fast in that little time. I know it will go up again just as fast as it has gone down too so I'm still conserving.
2006-10-02 14:11:43 · 21 answers · asked by Toddacanda 5 in Cars & Transportation ➔ Maintenance & Repairs
They do exactly what they want to.., You know who, The Regulators...We the people , should I say the working people have to suffer, " here is a tip", don't let your tank go less than half. Walk, jog or run if you have to. we have to think of alternatives, just because they keep juggling the prices up and down do not mean we have to tolerate it . Think about it, these alternatives don't cost you a dime, so how is that for conserving...
2006-10-02 14:48:42 · answer #1 · answered by wndybcktt 3 · 1⤊ 0⤋
Global oil prices are going down because the doomsdayers that trade on the open market are starting to realize the speculations made are not true. They felt that oil would become so limited the price per barrel would have jumped to astronomical amounts. However, there has been news or demand lowering and new fields being found. So, now these traders need to dump the futures they bought over the summer before they lose their shirts. This is causing the huge drop in price for crude oil that is translating into lower gas prices.
However, you are right about the prices being able to go up no matter the price of oil. There was a .20 jump per gallon in price for gas the same day the market ended down on oil prices. I never found out what caused that jump, but it has settle back down that .20 and more. Continuing to conserve will definetly help the downtrend to continue as well.
Ok, I am anit-Bush but I have to say he does not do much to control price. There have been some shady thing that happened over the past few year regarding oil (ie: not swearing in execs on senate panel, late attempt to support alternative fuels, removing Libya from terror list to we can go in and pump their oil). My main concern was the middle. I felt we should have been supporting alternative fuel research long ago. Bush keeps talking about lowering dependence on foreign oil but my view is lowering reliance on oil in general.
2006-10-02 14:22:50 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Although it will never be admitted the big oil companies are in bed with the Republicans and want them reelected next month. If that happens watch how fast it goes back up Nov. 8. (or soon after)
Have you noticed Pres. Bush and VP Cheney haven't said anything about Iran lately? They are quiet so as not to rattle the middle east for a few weeks.
Maybe I'm cynical or maybe I'm a little too conspiratorial, but two years ago it did the same thing just before the elections.
2006-10-02 14:22:54 · answer #3 · answered by my_iq_135 5 · 0⤊ 0⤋
It is a ******* game with them. First it is unrest in the middle east, then it is hurricane damage. After the tv interview with the big wigs from one of the companies the prices started going down. He pretty much said they are in business to make money and thank God we live in America and monopolies are discouraged but the truth had surfaced. Oh that and Bush didn't want to go out with an average price of $3 a gallon, funny how that **** works, huh?
2006-10-02 14:18:46 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Ethanol.
It's not a pipe dream anymore.
And, it doesn't require corn.
E-85 can be made from your weekly
trash pick-ups.
Various states are building ethanol plants.
Wal Mart 's getting into the game.
The hand writing is on the wall.
Big Oil needs to drop prices and starve out
E-85 while it's still in it's infancy.
2006-10-02 14:31:36 · answer #5 · answered by kyle.keyes 6 · 0⤊ 0⤋
The Election is coming. The Election is coming. You didn't think the good o' boys in Texas would let Dick and George swing through an election cycle with mile high oil prices did you?
2006-10-02 14:14:19 · answer #6 · answered by troythom 4 · 0⤊ 0⤋
Actually if you want to get $2 for a $1 product that everybody needs, putting the $3 squeeze on so that when dropped back to $2 everyone is relieved, is almost brilliant.
2006-10-02 14:20:10 · answer #7 · answered by Scott I 2 · 0⤊ 0⤋
A diesel provides you with a greater appropriate gasoline performance than a gas engine. "Diesel-powered autos usually have a greater appropriate gasoline economic gadget than equivalent gas engines and convey basically approximately sixty 9% as a lot greenhouse gas pollution. This greater effective gasoline economic gadget is via the better potential in step with-liter content of diesel gasoline and additionally to the intrinsic performance of the diesel engine. on an analogous time as diesel's 15% greater volumetric potential density leads to 15% greater greenhouse gas emissions in step with liter in comparison to gas, the 20–40% greater appropriate gasoline economic gadget achieved via recent diesel-engined autos offsets the better-in step with-liter emissions of greenhouse gases, ensuing in critically decrease carbon dioxide emissions in step with kilometer."
2016-12-26 07:56:47 · answer #8 · answered by boynton 3 · 0⤊ 0⤋
with all of the kids home for the summer gas prices went up because their was a big demand for gas .but when the kids went back to school the demand for gas decreased /therefore oil prices started dropping on wall street /gas prices were affected by the stoks dropping also so there you have your answer.
2006-10-02 14:22:53 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Because it's one big rip off Gas is always high in the summer because that's when the rip off companys make there money there is no shortage,. And anyone who believes that I have a bridge I want to sell them.
2006-10-02 14:43:57 · answer #10 · answered by robert d 4 · 0⤊ 0⤋