Gasoline Prices

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Scott, for me the discussions about gas prices are somewhat hilarious. Gas in the US is cheap or a bit less cheap. I found it a little upsetting though when our government decided to sell gas to the US when prices went up a while ago. It was to prevent that the price of gas in the US went over $3.-. The result was we started paying almost $7.-!
 
low taxes and big oil....

Hi Louis,
I really do not care what the price of gasoline is. The higher the price of gasoline, the sooner we find an alternative.To me the price is not really the point. The issue I find so interesting is the fact that the price of gasoline always seems to drop a few cents, whenever Mr. Bush's approval rating falls. This time the price drop was dramatic, and just in time for the fall elections, of which the republicans are very worried about loosing "seats" in our government.
The loss of power in the USA is the result of the loss of "seats" in our government.
 
GOP and Oil company CEO's

Does anyone notice how coincidental it is that we are 7 weeks away from the midterm elections.The GOP led congress is at stake and suddenly gas prices fall? What is BUSH? an Oilman,What is Cheney? an Oilman. Who are their biggest supporters? The CEO's of energy and gas companies. I am convinced this is a ploy on the part of energy companies,Pushed by Karl Rove and the Bush White House to lower gas prices to help boost the GOP's horrendous approval ratings. I truly hope Americans don't fall for this BS. We need balance of power back in this country and right now the GOP has a hold on all levels of gov't..As Newt Ginrich said back in 1994, "Absolute power corrupts"!!
 
Also: it's past labor day and gas prices traditionally drop with the demand.

Oil's headed towards $60/barrel as the mideast and africa cool off, not to mention the hurricane season didn't happen.

Realize we're trading *futures* here, so a lot of it is speculation driven. With a quiet mid east, a quiet Africa, and no hurricanes to wipe out refining capacity, people don't think oil's really worth that much anymore...
 
Add to nasadowsks comments

It's a market driven product, just like anything else. If people speculate that the price of orange juice will go up because of frost, the cost of orange juice rises.

I think everyone give Bush credit where it isn't due. Some folks think he is absolutely stupid, yet he and his cronies can somehow control the world.

Rather than believe in conspiracies, I buy the market concept, here's a link for anyone interested. From the "pro-Bush" ha ha msnbc camp!

http://msnbc.msn.com/id/14891597/
 
I don't think Bush is stupid

Bush, like Reagan, is a front man for corporate interests - the power is all behind the throne.

Bush lacks Reagan's finesse, Reagan's charm, Reagan's knowledge and appreciation of the common man, and Reagan's grasp of the power of ideas, but I don't think Bush is stupid. Petulant, dishonest, and emotionally inmature, but not stupid.

I do think he plays stupid sometimes to appeal to a certain kind of voter, but he knows what he's doing when he does that.

And yes, I think we'll see a price increase after the elections. I may be stupid, but I ain't naive ;-)
 
Hi Kevin,
Thank you for posting that link.
I would have to say that article on MSNBC blows the "liberal media" talk we here so much about these days. After all this article you posted the link to would be considered pro Bush, wouldn't it?

NPR and the BBC are my new sources, since I do not watch TV. Will keep an ear open for any news on this subject. I do have to say, that no proof of a link between Bush and the fuel price changes is needed for many people. That would include many republicans I have spoken with lately, and most liberals, including myself.
 
Under $2 a gallon

Newscast story tonight reported gas under $2 a gallon in Panama Oklahoma. I did not catch the exact cost. A guy was interviewed, he was filling up ALL his gas cans available. HE runs a lawnmowing service.
 
Differs depending on what part of the city/suburbs you'r

In the West suburbs, there were dueling stations the other day. I believe it was a Wawa, and an Exxon, on opposite sides of the street. Wawa dropped all the way down to $1.97, Exxon stopped at $2.05. I've been filling up at BJ's, latest price there was $2.37, if I recall correctly. Problem is BJ's gas makes my "check engine" light come on. Don't know what that is all about. I suspect the ethanol content may be higher. Doesn't make the car run any differently though, and 3 days into the tank, the light goes off. A fill up anywhere else hasn't ever made the light come on. *shrug*
 
Still hanging around $2.70 in my neighborhood but could be as much as $.20 cheaper across town from me. Interesting to see the midwest prices as I had a cousin from Chicago visiting a couple of weeks ago and she remarked that our prices were lower here in California, and that was before the current drop in prices was in full swing.

No question in my mind that what has been stated here about the oil companies and commodities marketeers manipulating things to make sure republicans maintain power is absolutely correct. Bush isn't behind this. He doesn't have to be. His cronies are on it. But my faith in the American electorate to see through this is non existent. They were stupid enough to elect Bush twice, after all.

Ralph
 
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