Gas prices fall as election night nears...

[Bushknew]

coincidence?

[d_b]

1. yep, totally

that free market is a wild and crazy guy.

[Warpy]

2. They're not going to fall that far

because, while spot market futures prices are falling, the price of oil on long term contracts is not.

Besides, I sincerely doubt big oil is going to go out on much of a limb to try to keep this administration out of prison by electing a senile old man who will keep them safe from DOJ investigations.

[Fred_Flintstone]

4. Happy median

If gas starts out around $3/gal and goes up to $4+, dropping back down to $3.50 might feel like a bargain.

[texastoast]

6. That's what works on the sheeple

The oil bidness counts on it.

And welcome to DU!

:toast:

[CRF450]

7. A $1 drop makes a HUGE difference.

It was costing me around $80 to fill up my truck, now its more than $15 les to fill up.

[Dukkha]

3. not here

they went up over the weekend to $3.75

[texastoast]

5. Seems like they fell in 2006 too

But I'm not sure.

[HereSince1628]

8. This concludes a test of the Energy Rip-Off System

This test was designed by regional suppliers in cooperation with International Oil Companies to determine the maximum price that the American People would pay for a gallon of gasoline.

We now return you to your regular inflated prices. In the event of future alternative energy proposals this station will direct you to petitions for off-shore drilling and corporate tax-reductions.

[tammywammy]

9. Gas prices drop at the end of the summer driving season

[Bushknew]

10. Gas prices fell coincidentally during the primary election as well.

[tammywammy]

14. And last year they fell

Only during 2005 was it a bit different because of Katrina & Rita. The refineries had gone off line during the evacuation, and it takes a few days to get them fully up and running again.

I can say with my memory, that I always remember gas going up in the summer and down in the winter. I remember news stories for as far back talking about the summer driving season.

[HereSince1628]

11. I'd like to know the history of that pattern.

Granted back in my youth with regular gas at 16 cents a gallon the seasonal changes in demand may not have moved the price many mils, and being less than a cent they may have gone completely unnoticed by me sitting in the back seat watching the twirly ornament on the pump...

But it seems to me that this seasonal price thing became a big deal with the advent of summer vs winter gasoline blends. I wonder if this hasn't simply been the refiners' revenge on the economy for being forced to produce all the various regional blends that reduce smog and smaze.

[DCKit]

13. As well as "being forced" to remove excess sulfer...

which delayed much clean engine (relative to ICE) technology as compared to yurpe and other fern countries. Claimed they couldn't afford it, yet have been posting record profits every quarter since.

Go figure.

[B Calm]

12. I had a right-winger tell me that politicians have nothing to do

with the price of gas. It was the same right-winger who said to me right after George Bush was selected by the Supreme Court, watch the price of gas drop now, now that we have a Texas Oil Man as President. . . . Fucking fools!

[CLG_News]

15. Nope, they fell before the 2006 'elections,' as well. USA Today...

did a survey - and 42 per cent of those who responded (pretty high, for the land of the brainwashed) that they thought politics drove the 'pre-election gas sale.'

[Bushknew]

19. Thanks for the info & the rec ... NT

[CLG_News]

16. Oh, and btw, I K&Red this post, because not enough people are...

talking about the obvious oil corpora-terrorists' links to the GOP.

[nadinbrzezinski]

17. Like oh 2006 and 2004? Nothing to see here

[Subdivisions]

18. Same thing happened right in time for Nov '06. The previous August,

we were all howling about gas prices. Then we discussed how coincidental it was that the price slid all the way up until election day. Then, we discussed it going right back up on the next day and it went up all the way until the beginning of this month and it will probably continue to slide until November. BUT, I don't see it getting below $3/gallon. We're being conditioned and below that is not conditional to their bottom line.

[TexasObserver]

20. it's going to keep falling through election day, too

They did this in 2006, too. First, the big gouge, then they scale it back a few months leading up to the election. They hope to save 15 House seats and 5 Senate seats by feathering back on gasoline prices. The RNC, the Oil Companies, all the same big vat of powermongers.