Topic: How low will oil prices drop five days before the election? (Read 2120 times)

2 CENTS · « **on:** October 22, 2008, 02:40:45 PM »

For years I had to listen to the talking heads tell me how oil prices are going up because of supply and demand, and now, in a matter of weeks the prices have dropped 50%, Demand is down 2%.

Gumby · « **Reply #1 on:** October 22, 2008, 02:48:23 PM »

Oil prices have dropped >50%. Gas prices? About half that. $:-\$

cheese · « **Reply #2 on:** October 22, 2008, 02:54:17 PM »

Gas prices are actually falling just as fast if not faster then they went up.
I don't think there is enough time to drop as much as your poll indicates. 2 weeks from now is the election and gas is hovering around $3.00 +/- 20 cents.

I paid 2.79 at Costco on Saturday and see it's down from that already.

See http://www.gasbuddy.com/ for reported area gas prices.

2bafan · « **Reply #3 on:** October 23, 2008, 12:47:52 AM »

I bought gas at the local Arco for $3.11 (the middle grade). Two hours later I drove by and a new price was being put up at $2.94 or so for the same grade.

yote19 · « **Reply #4 on:** October 23, 2008, 10:44:46 AM »

We all should be able to go get a discount. If it happens in retail, usually you can get the sale price if you have your receipt.

poolboy · « **Reply #5 on:** October 23, 2008, 11:48:30 AM »

if gw gets the blame for when prices go threw the roof doesn't he get the praise when they go down? now thats absurd

- why would we give praise to gw for anything?

GotRhythm · « **Reply #6 on:** October 23, 2008, 05:29:39 PM »

Quote from: poolboy on October 23, 2008, 11:48:30 AM

if gw gets the blame for when prices go threw the roof doesn't he get the praise when they go down? now thats absurd - why would we give praise to gw for anything?

I'm pretty sure that Bush must have flipped that secret toggle switch under his desk back to the "lower gas prices" position.

Brat Jr · « **Reply #7 on:** October 23, 2008, 05:56:59 PM »

This isn't anything new tho. Gas almost always come down before a big election.
Then depending on what goes on AFTER that, gas will either go up or stay where it is with the possibilty of it going lower.
I don't see it falling below 2.25-2.50/ gal

2 CENTS · « **Reply #8 on:** October 23, 2008, 06:16:34 PM »

Quote from: Brat Jr on October 23, 2008, 05:56:59 PM

This isn't anything new tho. Gas almost always come down before a big election.
Then depending on what goes on AFTER that, gas will either go up or stay where it is with the possibilty of it going lower.
I don't see it falling below 2.25-2.50/ gal

Just hit $2.52 in Texas today

Brat Jr · « **Reply #9 on:** October 23, 2008, 06:27:04 PM »

Oldest DD says 2.30 in OK

TheWarpedDog · « **Reply #10 on:** October 24, 2008, 12:36:05 AM »

Quote from: Brat Jr on October 23, 2008, 05:56:59 PM

This isn't anything new tho. Gas almost always come down before a big election.
Then depending on what goes on AFTER that, gas will either go up or stay where it is with the possibilty of it going lower.
I don't see it falling below 2.25-2.50/ gal

Diesel....3.21

yote19 · « **Reply #11 on:** October 24, 2008, 10:12:12 AM »

$2.71 a gallon in Kent this morning.

Brat Jr · « **Reply #12 on:** October 24, 2008, 10:16:00 AM »

2.69 in Bonney Lake

2 CENTS · « **Reply #13 on:** October 24, 2008, 04:59:25 PM »

Quote from: GotRhythm on October 23, 2008, 05:29:39 PM

Quote from: poolboy on October 23, 2008, 11:48:30 AM
if gw gets the blame for when prices go threw the roof doesn't he get the praise when they go down? now thats absurd - why would we give praise to gw for anything?

I'm pretty sure that Bush must have flipped that secret toggle switch under his desk back to the "lower gas prices" position.

In economics, a monopoly exists when a specific individual or enterprise has sufficient control over a particular product or service to determine significantly the terms on which other individuals shall have access to it.[1] Monopolies are thus characterized by a lack of economic competition for the good or service that they provide and a lack of viable substitute goods.

1 Trillion for the oil companies, nice
1 billion for the president of Exxon mobil, nice

EWSoccer64 · « **Reply #14 on:** October 26, 2008, 02:15:03 AM »

I paid $2.97 yesterday for regular to fill up for my trip to Spokane today.
In Spokane, I saw gas downtown for $2.66.

Wow.

And in the UK they are still paying like $7 a gallon!!!!

2 CENTS · « **Reply #15 on:** October 27, 2008, 12:26:48 PM »

$1.98 in Texas
$2.20 in Kansas

2 CENTS · « **Reply #16 on:** October 28, 2008, 12:50:37 AM »

$2.39 in Pacific WA

cheese · « **Reply #17 on:** October 28, 2008, 09:58:36 AM »

So how many people bought into the $3.00/ gal guaranteed price that was out there about a month ago?

yote19 · « **Reply #18 on:** October 28, 2008, 10:42:24 AM »

Not me...but like the $2.51/gallon paid this morning. Filled up the tank for under $50

hb96mom · « **Reply #19 on:** October 31, 2008, 05:46:26 PM »

Soccer! How do we afford it???
« Reply #53 on: June 08, 2008, 12:59:56 PM »
Quote Modify
In regards to the economy maybe I am looking at things with rose colored glasses, but I think it will be better in November. Every time there is an election gas prices seem to magically drop- at least that is what happened briefly in the last one. Obviously companies need to make some sort of profit, but it has gotten crazy. Who knew we'd be happy to see a station with gas under $4 a gallon?

I posted this back in June--- told you gas would go down near election time. It happened in 2004 too. No Bush should not get credit for it- and he shouldn't have then either. Prices are manipulated on everything. It is not just coincidence. It is appeasement plain and simple "oh look american fool gas prices are dropping things are getting better- stay the course why change it now?" Duh they pull this kind of stunt all the time. Next we will hear from Bin Laden to ramp up the fear factor. It is all part of the Rove play book- the attacks will roll out faster than a swift boat.

93soccerdad · « **Reply #20 on:** November 03, 2008, 02:50:35 PM »

Crap...it's raining now! Damn that Karl Rove and George W. Bush! It is their fault. They lie. It would be sunny if it wasn't for the global warming that they caused...wait...if there was global warming it would be sunny!! What?? What is Bush up to now???!!!

yote19 · « **Reply #21 on:** November 03, 2008, 03:07:20 PM »

I don't know, but I like the $2.23/gallon

gimmevino · « **Reply #22 on:** November 03, 2008, 03:34:34 PM »

Gas is $1.99 a gallon in Coeur d'Alene, Idaho (where I work). YEAH ME!

yote19 · « **Reply #23 on:** November 03, 2008, 03:37:47 PM »

So thats about the difference in taxes between Idaho and Washington ... $0.20 - $0.25/cents per gallon.

cheese · « **Reply #24 on:** November 03, 2008, 05:08:57 PM »

Quote from: yote19 on November 03, 2008, 03:37:47 PM

So thats about the difference in taxes between Idaho and Washington ... $0.20 - $0.25/cents per gallon.

The difference...........Dem -v- Rep.

yote19 · « **Reply #25 on:** November 03, 2008, 05:26:04 PM »

Eggsacterly

dogedog · « **Reply #26 on:** November 04, 2008, 04:22:29 PM »

Paid $2.39 this morning at Chevron.

Will the price go lower after the election........

yote19 · « **Reply #27 on:** December 01, 2008, 11:39:38 PM »

Paid $1.69 today for fill up. What is up with that?

Gumby · « **Reply #28 on:** December 02, 2008, 12:08:42 AM »

Paid $1.64 two weeks ago... but that was in Iowa, less taxes there.

soccerworld · « **Reply #29 on:** December 02, 2008, 10:07:19 AM »

Quote from: yote19 on December 01, 2008, 11:39:38 PM

Paid $1.69 today for fill up. What is up with that?

Been $1.69 in Gig Harbor for about a week. Love it, can fill up the SUV for $50 bucks compared to $100 plus a couple of months ago!

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How low will gas prices go this time five days before the election?

Author Topic: How low will oil prices drop five days before the election? (Read 2120 times)