Conservatives say no - it's all supply and demand.
But if you're the big oil execs who do you want running congress?
Your buddies (GOP) who will help you open drilling in the Arctic wildlife refuge, who will stall conservation measures, who will keep environmental regulations at bay and who will keep the money pipeline flowing or the Democrats?
You decide.
EDIT; Hey Walter, I'll tell you how. It's not the politicians manipulating the price - it's the oil execs the GOP politicians buddies.
2006-10-14 03:03:53
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answer #1
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answered by Dastardly 6
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The elections may have some tiny effect, but only indirectly. Supply and demand are the main factors of price. Market forces, such as the lower demand at the end of the summer driving season, can account for the decrease in prices.
And it's very possible that prices could go up after the election...but correlation does not always equal causation. The elections are held in November. It starts getting much colder in November in much of the country, which means more heating fuel is needed, which means an increase in demand. That will drive prices up as well. Not to mention OPEC's recent announcements to cut production in coming months.
The oil companies can't simply set prices where ever they want. They still face competition from each other, and from alternative sources of energy. If they had the power to manipulate prices, to control elections, what explains the periods in the 1980's when the oil industry faces major losses, or in the 1990's when gas prices were extremely low? Why wouldn't the oil companies simply charge the highest prices all the time?
2006-10-14 10:57:12
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answer #2
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answered by timm1776 5
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You had to ask this question? You mean to say you really don't know? Of course there is. Prices will go back up after the election. Make sure you fill your tank frequently while prices are "low."
2006-10-14 11:24:50
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answer #3
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answered by Anonymous
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Not likely. Congress does not set the price of gas. Neither does the President or any political officials or bodies.
2006-10-14 10:05:29
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answer #4
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answered by ItsJustMe 7
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Yes, especially if it goes right back up after the elections.
2006-10-14 10:28:16
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answer #5
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answered by Anonymous
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Only in the minds of conspiracy-minded nutjobs.
I've got a bright, college-educated sister-in-law who's just SURE that the Republicans have made the price of gasoline go down to help their electoral chances. She doesn't know HOW, mind you, but she knows for sure that they've done it!
What're you gonna do with pinheads like that?!?
2006-10-14 10:08:54
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answer #6
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answered by Walter Ridgeley 5
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No. Gas usually goes down when summer ends.
2006-10-14 10:12:02
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answer #7
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answered by Ah Ha 4
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It did the same thing last year.and the year before.
2006-10-14 10:04:21
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answer #8
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answered by Anonymous
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Only if you believe it is and nothing else will change your mind.
2006-10-14 10:09:34
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answer #9
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answered by Mr.Wise 6
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"Duh"
2006-10-14 10:10:38
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answer #10
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answered by namvet68 2
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