Gas here was at $3.24 when we went out and $2.79 when we came

[theophilus]

home! The low price was at BP which is normally the last to get down to the lowest price. For the last couple days they have been leading the way down.

We are in Hot Springs, AR and I am just wondering what is going on? Is this just to manipulate the election? Is it "designed" to help the Economy not crater? Is consumption down really that much?

Your thoughts.......

[flyingfysh]

1. The same thing happened in 2006

Just before the election. The timing looks very suspicious.

[theophilus]

3. Indeed! Will a majority see through this if it is a tactic? n/t

[MNDemNY]

4. Now, now, do you really think those nice oil companies are up to no-good?

[notadmblnd]

2. 3.08 is the low I saw

I'm waiting to get gas tomorrow. It's been going down a few cents every couple of days recently.

[elocs]

5. I couldn't believe when it went down 16 cents here in one day,

but at the same time I do not look on everything that happens as a giant conspiracy. Hey, maybe I am not paranoid enough to be a Democrat?

[mnhtnbb]

6. In parts of NC we can't get premium. Supposedly we have highest gas prices in the country.

and the gas map seems to confirm it.

http://www.gasbuddy.com/gb_gastemperaturemap.aspx

[mnhtnbb]

11. $3.85 average for regular in Orange County, NC

[dweller]

17. yep, $3.79/reg when i was coming home

:hi: there neighbor!

i know that they know this co. will go blue anyway, so they don't give a sh*t... and the price will stay up for toooo long.


dp

[LiberalHeart]

7. Saw $3.09 in NW Ohio today.

[wishlist]

8. Ours dropped from $3.99 to $3.47 in one day! In Asheville N.Carolina

Although many stations are still empty or very limited, price finally dropped at one closest to my house that had gas. Spouse asked same question, if it was to manipulate the election or just because demand has dropped so much with high price and economy tanking so badly.

[htuttle]

9. I think consumption for the year is only down about 6-8%, last I read

My own theory on why the gas price is going down so fast -- other than the usual election dip -- is that there are probably a lot of speculators who find themselves in need of cash (due to other investments going south), and they are selling everything they can to dig their way out.

[theophilus]

12. Could very well be.....thanks for the post.

Maybe there are several factors in play. One thing, for sure, I hope it does not help the Republicons. I think there are enough other problems that this is not as big as it could have been, though.

[Hubert Flottz]

10. Trying to trick America into voting for some more GOP "Morality"

If McCain wins in November it will go up to $5.00 a gallon by March.

[Liberal In Texas]

13. I, and many others on DU, have been predicting lower gas prices leading up to the

election for about a year.

[ddeclue]

14. Oil needs to be nationalized...IMHO

The price of crude and gasoline have no obvious connection to actual supply and demand any more - it seems obvious to me that they have been manipulated by speculators for at least 5 years.

In 2006 the prices went DOWN all year to about 2.06 on election day and then headed right back up again.

Now they are falling again in the pre-election season (but from a much higher point) and no doubt will bottom out on election day.

There should be limits on the amount of futures shares any entity can own and how far out they go timewise and oil companies should be required to keep excess supply on hand and have excess production capacity just like we do for farmers so that there won't be any of this shortage crap every time there's a hurricane threat or some other incident occurs.

Doug D.

[Jacobin]

15. $3.35 to $2.95 here over night

[peanut2010]

16. Why is diesel fuel not really comming down

That is what I use the most of.I doubt if I use 7 or 8 gallons of gas a week.

[Imagevision]

18. We all can expect gas prices to drop as in the 2006 elections, prices then dropped 7-10 cents weekly

remember, then they sky-rocketed right after the election which GOP lost.

[AndyTiedye]

19. PRE-ELECTION GASOLINE SALE!!! Fill Up Now, Next Month Prices go UP! UP! UP!!

Now in the solid-blue state of California, We still see $3.75-$4.59.

[sce56]

23. I bought gas in SO Cal for $3.45 and that was shell had no choice on day trip

What is the deal in Atlanta? Did they finally get filled up$

[WhiteTara]

20. a vote bribe n/t

[Warpy]

21. That's impressive

We're still at $3.21 here in NM.

[Broken_Hero]

22. 2.82 in SW Missouri last nite...nt