2016 Postmortem
Related: About this forum"If gas is at $2.50 a gallon, Obama wins", pundit on MSNBC today
I don't know the person's name. The pundit predicted if gas is $2.50 a gallon and unemployment is under 8 percent Obama will win easily.
This is nonsense. The only way gas goes to $2.50 a gallon again is if the economy tanks big time.
truebrit71
(20,805 posts)..in fact, Big Oil might raise the prices again just to make sure that the economic recovery is as slow as possible..
itsrobert
(14,157 posts)Oil goes up when there is demand. Like during a booming economy. When the economy tanks, demand for oil is low.
truebrit71
(20,805 posts)...demand has little to do with it...or can you explain why the gas prices were so high last year and the year before when the economy was still sucking wind but now that the economy has picked up the price has come down...??
itsrobert
(14,157 posts)Prices came down the last two years and they are on the rise again in California.
Gas prices are on the rise. Trend this month.
http://www.GasBuddy.com/gb_retail_price_chart.aspx?city1=USA Average&city2=&city3=&crude=n&tme=1&units=us
Kwarg
(89 posts)Kwarg
(89 posts)Kwarg
(89 posts)And this only february 18 eeeeksss
Kwarg
(89 posts)The recovery is gonna fizzle bigtime
Kwarg
(89 posts)Kwarg
(89 posts)Thrill
(19,178 posts)Flood the Markets. He should be fine if he can keep it at $3.02-$3.10
babylonsister
(171,056 posts)DCBob
(24,689 posts)The pundits are running out of things to bash Obama about.
JoePhilly
(27,787 posts)Gas is already around 3.70 ... and unemployment is 8.5 ... and Obama is STILL crushing the GOP idiots in the polls ... oddly, the Liberal MSNBC host did not point that out to the dope.
bigdarryl
(13,190 posts)crimsonblue
(5,337 posts)ShadowLiberal
(2,237 posts)So, Obama wins if he starts to subsidize oil like Mexico, where it's capped at $98 a barrel, or $2.33 a gallon? And where the government pays the difference if it's higher then $98 a barrel?
http://en.wikipedia.org/wiki/Gasoline_and_diesel_usage_and_pricing#Mexico