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World economy is going in the tank again. Supply and demand. Just that simple. Imho
Guberment is buying your vote by lowering the gas prices.
ExactlyQuote:
Originally Posted by BigRiverMarine
Or it could be somthing crazy like supply and demand. Russia is drilling, drilling, drilling, AND as winter aproaches, most of you gewbers aint buying gas for your lawnmowers anymore....or taking long summer vacations. Look at any historical graph of gas prices over the last 50 years. Up and Down, up and down, up and down. It happens.
Just like the price of corn and soybeans....don't even get me started on that one!!!!!
Watch what happens to that Supply and Demand theory AFTER the elections. [emoji16]
I try to just look at it like no one is in charge of anything . That way something might get better down the road . Less stress anyways .:banghead
If your a history buff the stock market has always had bad news in October. Black Tuesday. But gas prices have no reason to be 2.72 on 83 a barrel oil
Of course it's supply and demand. Supply is up. The US is exporting more crude than it has in over 50 years. Propane and natural gas inventories are rising. And it's all coinciding with a seasonal slowdown.
But the conspiracy theory is much more interesting. Do you really think Obama has the ability to pull off a major drop in fuel prices? I've wondered about that, but kind of doubt it.
Surely it's just supply and demand. Supply is up. The US is exporting more crude than it has in over 50 years. Propane and natural gas inventories are rising, and their prices are falling. The supply effect is intensified because it's coinciding with a seasonal slowdown.
But the conspiracy theory is much more interesting. Do you really think Obama has the ability to pull off a major drop in fuel prices? I've wondered about that bit am not convinced.
I hate politics so I will answer short and move on, YES.Quote:
Originally Posted by Firebug2006
I hate politics so I will answer short and move on, YES.Quote:
Originally Posted by Firebug2006
The True Reason Gas Prices are Falling (Hint: It's Not Because of Green Energy)
Interesting article about this topic.
See Why Lower Gas Prices Could Foreshadow The Kiss Of Death To The US Economy...
Even more indepth look at the reason gas prices are falling. Warning ; they are pretty depressing.
It will have to go up to5.00 plus for them to get there money they are losing,sure we will lose in the end?
OPEC is watching what we are doing and haven't reacted yet. If they choke the wells down, we'll feel it because we are not 100 % self sufficient at this point. The only thing Obama has control over is the outrageous taxes imposed at the gas pumps - that's all. The government is clueless how we do business.