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Gas $2.15

After seing $3.45 per gallon $2.15 is nottin'

1.98 for me

quote:

Originally posted by EliPsE 1.98 for me

Yeah but you're not driving anymore.

Damn. Where do you guys live? Out by me in Northport, Long Island, it's $2.29-.34.

-Dan

On thew ay home from school i saw 2.03 around paramus

And this is how the corporate world protects itself in election years.

If you just look at poll numbers, this issue alone has caused increased confidence in the current administration and Congress. It's kind of sad how the American people use this as a more important political barometer than so many other issues.

It's amazing how people notice this, yet don't notice how the Republicans with their corporate tax breaks and subsidies increase their tax responsibility more than they're saving in gas.

Well i guess the main reason gas is getting cheap..

quote:

Originally posted by vtec junkie Yeah but you're not driving anymore.

pwned lol

quote:

Originally posted by vtec junkie Yeah but you're not driving anymore.

Use the gas to light your car on fire!!

quote:

Originally posted by yankeeBaby Use the gas to light your car on fire!!

that is such a good idea

or you can just live in the city and not have to drive anywhere lol

quote:

Originally posted by EliPsE that is such a good idea

+1

but then everyone has to move *closer* to areas with mass transit! lol *ahem*

quote:

Originally posted by Aspy Well i guess the main reason gas is getting cheap..

After all these elections are over in November you'll see back to $3 sumithng

While I commented before about the corporations cutting prices to ensure their business friendly government stays in power, there was an article on CNN/Money today about hedge funds and other large banking institutions purchased tons of futures in anticipation of a bad hurricane season yet again this year. This caused the prices to shoot up and when a repeat failed to happen, now they're dumping it

http://money.cnn.com/magazines/fort...dex.htm?cnn=yes

$1.89

HAHAHAHAHA

Saw $1.95 in Edision, NJ last night!

quote:

Originally posted by DeRangedMind After all these elections are over in November you'll see back to $3 sumithng

well said.

im paying 2.47 for premium

quote:

Originally posted by kid nyce or you can just live in the city and not have to drive anywhere lol

words to live by...

quote:

Originally posted by DeRangedMind After all these elections are over in November you'll see back to $3 sumithng

So i guess i should keep some gas

BTW when is the elections?

This same strategy is applied in every elections for the past 30 years, your beloved Clinton did it too.
Gas will go up, and the market will drop on inflation, meanwhile enjoy the feast! 11,984 and going...

quote:

Originally posted by Groundhog Boy And this is how the corporate world protects itself in election years. If you just look at poll numbers, this issue alone has caused increased confidence in the current administration and Congress. It's kind of sad how the American people use this as a more important political barometer than so many other issues. It's amazing how people notice this, yet don't notice how the Republicans with their corporate tax breaks and subsidies increase their tax responsibility more than they're saving in gas.

I totally agree with you, but how would you tell those who say that it is impossible for the president to have his finger on the gas button argument?

quote:

Originally posted by stevieboy32808 I totally agree with you, but how would you tell those who say that it is impossible for the president to have his finger on the gas button argument?

He doesn't need his finger on the button. Corporate America knows they are better off with the Republicans in office, because the Democrats will tax them more and cut into their profits (though both parties are pretty sold to big business through our lobbying system).

That said, I think a lot of the reason people think it's always election year politics is because of the time of year when the elections fall. Even in non-election years, as long as there wasn't a hurricane that fueled a price surge, gas is down this time of year. People just don't drive as much as in the summer, so demand is down, and the need for heating oil hasn't started yet.

Groundhog Boy,
As you can see from the chart below, the bears pushed the contract lower for 10 consecutive weeks between July and September until the price was able to find support near $1.45 at the end of September. Now that the price is starting to consolidate around the support, we'd expect the energy bulls to start stepping back in, sending the price higher over the coming weeks.

Looks like party is over!

quote:

Originally posted by danlaxx1 Damn. Where do you guys live? Out by me in Northport, Long Island, it's $2.29-.34. -Dan

I'm paying $2.599 for Premium, further East of you.

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