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hfojvt

(37,573 posts)
18. at my age, I cannot rely on memory
Sun Feb 12, 2012, 07:09 PM
Feb 2012

too much CRE.

Fortunately, with the internet, I do not need to.

My link shows

gas prices rising steadily through the 2002 elections (althout Sep. 11 actually caused a big drop in prices with its shock to the economy). Prices were 1.50 in January, 1.50 in June of 2001 and fell to 1.15 by Christmas 2001. Stayed there for about two months before edging up to 1.44 by election day. About back to the pre-911 normal, but they kept going up as Bush pushed for the Iraq invasion, going up to 1.75 by March 2003 but quickly back down to 1.55 by April, staying there until January 2004, when they started climbing up to 1.62 by March, 1.72 by May, 1.87 by September and 2.21 by November! And still the SOB got re-selected!

Then they fell, to 2.07 by December and the 1.90s in January 2005. Up to 3.15 by September 2005 then down to 2.43 by December. Up to 3.06 by August 2006, then down slightly to 2.97 by September and down to 2.51 by November. Then, yes, up to 2.62 by December, but down to 2.44 by February 2007 back up to 2.63 by March and 2.79 by April and 3.30 by November 2007.

Anyway, I do not see a drop before elections followed by a steady rise after elections. Sometimes quite the opposite and other times it bounces up and down.

Ah, hell, I was looking at diesel and not even Vin. Let's try that again.


1.42 in Jan 2001 when Bush took office, up to 1.70 by May, then down to 1.12 in December, thanks to 911. Stayed in the 110s until 3-11-2002 when it jumps to 1.23 and then climbs to 1.47 by November 2002. Fell to 1.36 by December, but then rose to 1.68 by March. Then down to 1.47 by Jun, up to 1.72 by September, "down" to 1.55 by October, up to 2.02 by May 17,2004 down to 1.85 by September, but back up to 2.02 by 10-18-2004.

But then down to 1.79 by January 2005, back up to 2.01 by March, up to 2.24 by April and 3.08 (!!!) by September 2005. Back down, all the way to 2.17 by December 2005, back up to 2.61 by April and up to 3.05 by August, down to 2.31 by October and 2.23 by November. But down to 2.19 by Feb, and up to 2.50 by March, 2.68 by April and 3.04 by May 2007.

So pretty much the same conclusion as with diesel.

Yeah that $1.80 price Politicalboi Feb 2012 #1
truthfully, it was so brief that I did not even remember it hfojvt Feb 2012 #4
They dropped the price to NOT let Obama get elected underpants Feb 2012 #11
So, when Ike was in office, gas was .15/gallon. russspeakeasy Feb 2012 #2
1969 gas = .35 cents Angry Dragon Feb 2012 #3
Which is $2.15 in today's money hfojvt Feb 2012 #5
The absolute all time low, adjusted for inflation, was in 1998. Spider Jerusalem Feb 2012 #7
63 cents? hfojvt Feb 2012 #19
At the time, Georgia Spider Jerusalem Feb 2012 #22
The world economy was on the brink of collapse Gman Feb 2012 #6
I don't know about dishonesty hfojvt Feb 2012 #23
k&r... spanone Feb 2012 #8
$1.46 when Bill Clinton left office. nt onehandle Feb 2012 #9
If any of the current republicans win and as safeinOhio Feb 2012 #10
If memory serves... TexasPaganDem Feb 2012 #12
It was the same in 2000, except instead of the gas companies dropping prices, hughee99 Feb 2012 #14
at my age, I cannot rely on memory hfojvt Feb 2012 #18
I don't think it was punishment/nose thumbing jmowreader Feb 2012 #21
There was a real spike in gas prices during the last year of Shrubco Morning Dew Feb 2012 #13
As it turns out, they had nothing to fear from that election. n/t hughee99 Feb 2012 #15
It's because we were in the midst of a terrible recession taught_me_patience Feb 2012 #16
'wrecked the economy" is putting it mildly, imo. The international coalition_unwilling Feb 2012 #17
oddly enough it was the pessimism of DU hfojvt Feb 2012 #24
My wife and I were also keying off the pessimism on DU and other coalition_unwilling Feb 2012 #26
Looking for the oil speculators to jack B Calm Feb 2012 #20
Gasoline is US biggest export now! ErikJ Feb 2012 #25
Latest Discussions»General Discussion»About those low gas price...»Reply #18