Re: Experts say gas could fall to $2 by Turkey Day



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Topic: Politics > Politics-USA
User: ""
Date: 31 Aug 2006 11:36:46 PM
Object: Re: Experts say gas could fall to $2 by Turkey Day
Jim wrote:

"jimpgh2002" <pmojh@xxnospamxx.com> wrote in message
news:g6rdf2p7ubnu9jhanr3locn9uo1db0a4j2@4ax.com...

On Thu, 31 Aug 2006 06:07:39 GMT, Roedy Green
<see_website@mindprod.com.invalid> wrote:

On Thu, 31 Aug 2006 04:49:47 GMT, Speeders & Drunk Drivers are
MURDERERS <xeton2001@yahoo.com> wrote, quoted or indirectly quoted
someone who said :

Gasoline prices could keep falling


I get it. Bush scratches Exxon's back, so Exxon scratch's Bush's back
by reducing gas prices for the election, then will crank them back up
again after the election. The public is getting skeptical so just
yanking them down for a month is not sufficient any more.


Another weak-minded lib who would like to pay MORE for
gasoline.



No he's just being realistic.
Face it the unrest in Iran alone would be enough to raise the price any
other time, hell they've used less excusable reasons before. Then add the
storm in gulf, always a great gas price raiser, the storms in the pacific,
the Libyan oilfield thing and.... well unless your total party stooge you
can see where this going.

So much for the 'Honest guys ' at the top of the oil industry.

Jim C.

Jim, all the price spikes and whatnot usually happen BEFORE events, not
after, unless it is some sort of unexpected event that snook up on
people. The over $3/gallon factors in what Iran might do. Prices
spiked on speculation far more than demand. And now, all this
speculation has caused an oversupply of petroleum, which will cause the
price at the pump to drop.
- Richard Hutnik
.


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