I just was wondering because I think it's weird how gas prices fell before the election.
Chris Mathews was talking about that today on Hardball.
2006-11-17 20:12:12 · 13 answers · asked by Evey 2 in Politics & Government ➔ Politics
Good call!
I noticed and thought the same thing before the election.
Everybody was saying how it was going to help the Republican party but I kept thinking... 'does this not show that they controlled it all the while....'
2006-11-17 20:15:14 · answer #1 · answered by BeachBum 7 · 2⤊ 3⤋
No, not unless a republican is the head of an oil company. It is the CEO and rest of that brass of an oil company who controls the gas prices. Did you hear that Exxon Mobile had a $10 billion dollar quarter, the highest ever? Who do you think is getting all that money? The CEO thats who! Don't blam the Republicans, blam the corporate heads!
2006-11-17 20:24:52 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Investors in oil futures control gas prices. It is common for commodities prices to fall right before an election due to uncertainty of policy in the near future. People are less likely to invest in futures when the price of the commodity could drop before their profit is realized. Oil is a very short term future. One only has to wait for the oil to be extracted from the ground, unlike various crop futures that take months to grow. Therefore, the dropoff in investors in oil futures comes very close to the election as futures purchased just a few weeks before the election, would be on oil delivered before election day.
2006-11-17 20:33:30 · answer #3 · answered by FabMom 4 · 1⤊ 0⤋
it really is authentic, besides the undeniable fact that it by no potential stopped democrats from blaming Bush about gas expenditures. So in view that we are being honest answer a question for me. We had Obama-care compelled on us. He by no potential restricted how a lot well-being coverage organizations might want to value. He purely reported they could decrease their expenditures now that everybody had to have coverage. even as replaced into the most suitable time any American company in a loose marketplace decreased their expenditures even as the authorities made it a regulation that everybody had to purchase their product?
2016-11-29 06:03:58 · answer #4 · answered by ? 4 · 0⤊ 0⤋
NO...NO..NO... Gas prices go up and gas prices go down... republicans have nothing to do with them... neither does Bush or Chaney.... sheeeshhh... to have such power... wouldn't that be great... an oil tanker goes around and the next day the prices will go up.... Bush wasn't in power in the early 70's when we had those terrible hours long lines to get gas... wasn't that a democrat in office then? who cares? gas prices fluctuate and the republicans nor the democrats have anything to do with it...
2006-11-17 20:24:05 · answer #5 · answered by msfyrebyrd 4 · 1⤊ 0⤋
People see conspiracies all over the place, more likely they (the petroleum companies) raised the rates after the elections because they were afraid of what the Democrats are going to do....
2006-11-17 20:15:27 · answer #6 · answered by Scotty 6 · 2⤊ 0⤋
No. Prices are controlled by market forces.
2006-11-18 10:24:26 · answer #7 · answered by yupchagee 7 · 0⤊ 0⤋
every liberal says that but its so false. gas cannot be controlled by republicans but by brokers and OPEC
2006-11-18 15:46:53 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Dunno. That's a million dollar question. Actually gas prices around the world did fall down slightly before the US midterm elections. Its possible.
2006-11-17 20:16:46 · answer #9 · answered by Zabanya 6 · 0⤊ 1⤋
USA a free entreprise,stupid
2006-11-17 20:34:36 · answer #10 · answered by Anonymous · 3⤊ 2⤋