unusuallyconfused
BLUE EYED BABE
- Joined
- May 22, 2001
- Posts
- 1,253
Do you think Bush should get some credit for this?
Why are gas prices going down?
- Thread starter unusuallyconfused
- Start date
G
Guest
Guest
Why as why?????
Just be glad!
Just be glad!
Andra_Jenny
Mentally Divergent
- Joined
- Dec 4, 2000
- Posts
- 2,865
Nope.
Part of the cycle. Note that Iraq has an embargo on, but the other oil producers are putting out enough that it had no bearing on the market, which it was intended to do.
Now, if Bush, Blair, Putin, Zhiang, whomever, does not get a grip on the middle east, you could soon see jihad and a tremendous spike in the price of oil.
But your point may be that the threat of drilling will help keep the market in line, which is a good point.
But I think it is just coinciental at this point.
Then again, I'm mad, I've always been mad...
Part of the cycle. Note that Iraq has an embargo on, but the other oil producers are putting out enough that it had no bearing on the market, which it was intended to do.
Now, if Bush, Blair, Putin, Zhiang, whomever, does not get a grip on the middle east, you could soon see jihad and a tremendous spike in the price of oil.
But your point may be that the threat of drilling will help keep the market in line, which is a good point.
But I think it is just coinciental at this point.
Then again, I'm mad, I've always been mad...
Andra_Jenny
Mentally Divergent
- Joined
- Dec 4, 2000
- Posts
- 2,865
Good point! WD - What would WriterDom Do? - catchy, I like it!
unusuallyconfused
BLUE EYED BABE
- Joined
- May 22, 2001
- Posts
- 1,253
Re: NO
Well I blamed Clinton for them going up and Bush for them going down, isn't that the American way! lol
Bluenose said:
Well I blamed Clinton for them going up and Bush for them going down, isn't that the American way! lol
Andra_Jenny
Mentally Divergent
- Joined
- Dec 4, 2000
- Posts
- 2,865
That's right!
It was the release of them strategic reserves finally hitting the market!
The president always gets the blame, always takes the credit, OPEC takes the profits, and we the people take the...
It was the release of them strategic reserves finally hitting the market!
The president always gets the blame, always takes the credit, OPEC takes the profits, and we the people take the...
unusuallyconfused
BLUE EYED BABE
- Joined
- May 22, 2001
- Posts
- 1,253
Bluenose said:
Are you an American, bluenose?
Myrrdin
Agrarian
- Joined
- Aug 20, 2000
- Posts
- 3,246
Just the seasonal fluctuation.
With the warm weather, people aren't using fuel for heating. So theirs less demmand, but the same number of suppliers chasing fewer orders.
As soon as Autumn comes, and everyone starts ordering their Winter supplies the price will start climbing again
With the warm weather, people aren't using fuel for heating. So theirs less demmand, but the same number of suppliers chasing fewer orders.
As soon as Autumn comes, and everyone starts ordering their Winter supplies the price will start climbing again
unusuallyconfused
BLUE EYED BABE
- Joined
- May 22, 2001
- Posts
- 1,253
Myrrdin said:
I actually thought that consumption was up during the summer. Can anyone confirm that.
willywanker
just one man's opinion
- Joined
- Jul 11, 2000
- Posts
- 3,620
What are you paying now where you are?
I'm not getting into who gets blame other than I think that its really funny that every station across town raises and lowers on the same day.
But I filled up this morning for $1.199/gallon !!!!!
I havn't seen prices this low in a couple of years. Not complaining, just wonder if the gas companies have already made so much profit they decided to give us a small break before they stick it to us again.
I'm not getting into who gets blame other than I think that its really funny that every station across town raises and lowers on the same day.
But I filled up this morning for $1.199/gallon !!!!!
I havn't seen prices this low in a couple of years. Not complaining, just wonder if the gas companies have already made so much profit they decided to give us a small break before they stick it to us again.
unusuallyconfused
BLUE EYED BABE
- Joined
- May 22, 2001
- Posts
- 1,253
WW, we are paying the same price here!
Darien
Really Experienced
- Joined
- Jun 21, 2001
- Posts
- 164
the price of the gas is directly connected to usage,, summer prices are unusually high because of the demand for vacations and holiday trips
the gas is held in a storage tank and already paid for,, price is like the stock market,, it goes up or down for the same already paid for gas, depending on demand,, the more gas they sold the more they have to pay for replacement gase,, the station pays one price per gallon,, yet the consumer could pay several different prices,,
How can the president have influence,,only time that has ever been a direct influence was when retail prices were frozen,, again at one persons profit,, another's loss
a few pennies variance we can live with,, but 15 or 20 cents,, a bit much?
the gas is held in a storage tank and already paid for,, price is like the stock market,, it goes up or down for the same already paid for gas, depending on demand,, the more gas they sold the more they have to pay for replacement gase,, the station pays one price per gallon,, yet the consumer could pay several different prices,,
How can the president have influence,,only time that has ever been a direct influence was when retail prices were frozen,, again at one persons profit,, another's loss
a few pennies variance we can live with,, but 15 or 20 cents,, a bit much?
Willing and Unsure
Stuffed Animal Princess
- Joined
- Apr 4, 2001
- Posts
- 8,654
it's around 1.50 a gallon here.... about 4 years ago it was .80 a gallon...
boy am i glad i only have to worry about gas 3 months out of the year
boy am i glad i only have to worry about gas 3 months out of the year
