In the presence of a know all, be all, been all, god, I tell ya!!
Fucking cunts.
In the presence of a know all, be all, been all, god, I tell ya!!
Fucking cunts.
Par4QC It takes Fall to drop any prices here.
Energy prices always ( almost) increases due to demand characteristics in spring and summer
Fall tends to be when that demand subsides and prices fall.
Of course many economic and political factors can intervene but historically, you are correct
There will be a increase if Israel decides to hit Iranian oil. Captain Obvious here.
A few days ago I checked prices in the area and found IA to be the same as IL right now. Can't recall ever seeing that, but filled up at the Shell around the corner for the 1st time in maybe 2 years. $3.39/gal.
Today I was passing by and nearly wrecked the damn car when I saw the price.......$2.99.
Hasn't been that low since...well....since the last election!!! Which tells me which way Big Oil swings.
Par4QC Seems to vary by $.20 here on any given day. Still pissed off by the air cost.
Got some $2.76 gas today. Probably gas up the SRT this weekend…$3.75 for super is good too!
$2.46 yesterday at BJs
Par4QC Hasn't been that low since...well....since the last election!!! Which tells me which way Big Oil swings.
Oh, so that's how this works?! Dammit, I didn't know that. Big Oil swings Blue? Really? Or you just making shit up?
Or, is this what's really happening?
Gas Prices Defy Global Crises
Drivers filling tanks up more cheaply than typical in weeks before presidential elections
By Rebecca F. Elliott The New York Times
Gasoline is approaching or has fallen below $3 a gallon in most states, returning to a national average not seen since February in one of the clearest examples of prices declining after a period of rapid inflation.
Pump prices averaged $3.16 for regular gas Tuesday, down 11% from this time last year, according to motor club AAA. Average prices have already dipped below $3 a gallon in 19 states, including swing states Georgia, North Carolina and Wisconsin.
That has made filling up much more affordable than it typically is in the weeks before a presidential election.
Along with the cost of other staples like eggs and milk, the price of gasoline is frequently invoked by politicians and consumers alike as a barometer for the health of the economy and how Americans are faring financially. Gas prices have the added distinction of being prominently displayed almost everywhere, reminding drivers whether it’s more or less expensive.
Americans currently spend around 2% of their disposable income on gasoline, less than they did in the run-up to all recent presidential elections besides the 2020 contest, according to ClearView Energy Partners, a research firm in Washington, D.C. Oil prices plunged that year as the world shut down over the COVID-19 pandemic.
Vice President Kamala Harris, the Democratic nominee, has sought to capitalize on the economic good news, taking credit for the drop in gasoline prices. The Biden administration’s decisions to sell fuel from a national reserve and relax certain gasoline-making rules have helped to lower prices, the White House has said.
Former President Donald Trump, the Republican nominee, has said he would reduce prices further, below $2 a gallon, part of a broader pledge to lower energy costs overall by at least half. He hasn’t explained how he would do so.
Many view his target as unrealistic. Prices at the pump last averaged less than $2 in June 2020, when oil demand dried up in the early months of the pandemic.
Two years later, after Russia invaded Ukraine, the cost of gasoline surged to $5 a gallon, and higher energy prices played an important role in accelerating consumer inflation worldwide.
While the president can influence fuel prices somewhat, costs depend mostly on market dynamics. Prices often decline in the fall, for example, as the days become shorter and temperatures cool, factors that discourage people from venturing out.
Oil prices have also slipped more than 15% in the past year and were around $70 a barrel Thursday as signs emerge that the world may soon have more crude than it needs. Oil production has been rising in the United States and elsewhere, while demand weakens in China, long a voracious consumer of fossil fuels.
OPEC and its allies have been trying to maintain prices by restraining output, with mixed results.
Oil prices could rise again if fighting escalates in the Middle East and disrupts oil production or shipping routes.
Americans are consuming less gasoline than they used to. Between better energy efficiency and more electric and hybrid vehicles on the road, domestic consumption is about 4% lower than it was in 2019, according to the U.S. Energy Information Administration. Many analysts doubt it will ever recover to pre-pandemic levels."
Btw, the Harris campaign is full of shit. But, what else would the candidate do given the opposition has so firmly convinced the public that that's what the POTUS does? Presidents control the cost of gasoline and groceries. Glad y'all decided that this is a worthy thread.
professor Economists can say what they may, and they may say what they do say. It's how and what they were taught.
The thing that has always bothered me the most about gas prices is the fact(true fact) that when gas prices go up or down, so do the prices of soft drinks.
migawd.....what is in that stuff??
propman
Well, thanks for the response. At least you're aware of the facts regarding both our economy and how the public is allowed to hold their mythical beliefs. Wish I'd see/hear more of these sensible thoughts.