Why is gas so cheap now?

txjustin

New member
The election caused the prices to drop im sure...however if you look the cost of a barrel of oil has dropped over 50% and the prices at the pump in most havent nearly dropped that percentage, which means margins at the stores are HIGH!!!! ALso OPEC increased production a little bit from the recent cutback a couple months ago
The election didn't have much to do with it.
 

steve miller

Trusted Member
The election didn't have much to do with it.
ummm are you kidding me..of course it did, they will be going back up..you really beleive that during the time of an election they werent pulling to have gas prices lowered in order to make the citizens happier?
 

txjustin

New member
ummm are you kidding me..of course it did, they will be going back up..you really beleive that during the time of an election they werent pulling to have gas prices lowered in order to make the citizens happier?
Has more to do with the strength of the dollar, the freeze in the GDP, mortgage crisis, and overall weak economy.
 
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