Why is gas still cheap now that the election is over? - led prices dropping
In 2000 and 2004, immediately after the election was over, gas prices rose earlier than I in the weeks before the price cut (which is a true fact). Why are held in this time? It was a week and are actually a bit lower than in the past week now (again, based on the average price of gas in the United States)
Saturday, January 30, 2010
Led Prices Dropping Why Is Gas Still Cheap Now That The Election Is Over?
10 comments:
Consumption has continued to fall throughout the world due to global recession.
OPEC meeting and is likely to cut production to raise prices on the world market.
The U.S. dollar gained strength, because our economy is stronger than many other countries, despite our current problems.
If Obama raises taxes, change, and the gas is still rising when prices in general.
Oil prices began falling in the U.S., if Bush repealed the decree limiting drilling and abroad. The price of a barrel of crude oil dropped $ 30 within two weeks, because traders should begin drilling in the United States.
Obama is blocking the adoption of a new regulation on the internal struggle with rising gas prices.
The only thing that was affected the choice of the stock market fell in anticipation of an Obama victory and is now off, because he will raise taxes.
Congress is considering gasoline taxes extra.
Take advantage of low prices while you can.
Gas, or rather the oil that made only butterflies bought and sold before the day was added to the tank. It has nothing to do with the elections. I am in the oil sector and I know that trying to control the price of gas is not something you can do, however, an oil producing country. GW did not take place near the ability to make gas prices rise or fall. Also, I thought I was an idiot.
The biggest problem, if it is to fuel prices, the lack of refining capacity. New oil will be entered into the system, does not mean lower prices if the oil is not the right way for the local refinery. Even though McCain began to speak more than drilling our own oil, Saudi Arabia opened a line of pipes and increases the amount of oil sold on world markets.
Oil is sold like any other commodity on the world market. A handful of people can not control, without the price for everyone obviously in the commercial sector. It's just a coincidence that the fuel price increases after the elections in 2000 and 2004.
He wondered why an answer is only a very. This has less to do with the economy ... or speculate supply and demand that everyone wants to talk about these.
I propose that we pay particular attention to things that are happening around us ... Look for an answer.
When our bellies are full and Arent feel hunger (or pain at the pump in this case) ... we must pay attention to what happens in our government .... But when bad things ... pay very close. When things are "catastrophic" shock and return to an introverted state.
take care to see what happens. Banks have been rescued and were detained by our government, the automotive industry is now ..... Arent we want to (hence the low price of gasoline - see, in order to reassure the population in order to look through the lens).
Recommended reading: The Shock Doctrine .... This is just a "front" with this approach.
Began to fall, before the economic collapse.
It is too complicated to explain in few words, but has to do with the value of the dollar against other currencies and the lack of speculation in the oil market due to lack of availability of credit.
Nothing to do with the election, but a boon for our business.
For the same reason was oil in Mexico, when he went through the roof in the United States. U.S. citizens traveling to Canada and Mexico for income year. Of course, Bush has given the people a passport to cross borders and open to reverse this trend. Because it was a holiday for thieves eight years, and I am sure that you get away with it.
I expected to directly and immediately after the elections, but oil prices have since fallen substantially. I've heard this evening came to $ 55 per barrel in terms of the economy. It scares me because it is necessary that the economy continues to deteriorate, then it is now covered big enough for these criminals need to worry about oil price hikes.
What I know is not a question of supply and demand [n + gas can always everything you wanted to buy], so we were torn, perhaps. The people in power and oil majors NEVER trick can help us not to ask if in doubt, and only confirmed. Sooo have a secret source, or the guys from outer space.
one weeks is not very long ...
and that with the price of oil down so much that the gains continue to make tons of ...
In other words ... I hope that the falling price of a barrel, and so ... Prices start creeping back on both ...
Can a few weeks before the low point entirely ...
but I would soon be buying oil futures, if I were you ...
The economy is, people hold less money and less force to the money and out of habit, if the prices were high. This is a continuous decline in demand, which has kept prices caused. There are other market factors, but I think my statement is an important reason.
It is with the stock market. There are always uncertainties in the elections at any time that happens, the market reacts. Now that has elected a president to relax and led lower gas prices.
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