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gas prices

Old Dec 19, 2008 | 11:32 PM
  #1  
botang47's Avatar
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Default gas prices

since im politically retarded...
can anybody give me a reason why gas prices have gone down so much?
and can obama keep it this way?
 
Old Dec 19, 2008 | 11:36 PM
  #2  
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Default RE: gas prices

economics.... economy is failing, people arent spending money, money not spend on gas lowers the demand, lower demand, lower prices are to raise the demand. has nothing to do with obama or politics.
 
Old Dec 19, 2008 | 11:39 PM
  #3  
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Lol yea it was obama. Unfortunately people are going to start buying a lot of gas again because it is so cheap driving the price right back up. OPEC=GREED
 
Old Dec 19, 2008 | 11:46 PM
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Default RE: gas prices

psht economics...theres a reason i never really did too hot in that class.
i think im ready for an asian president already
 
Old Dec 20, 2008 | 12:47 AM
  #5  
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Default RE: gas prices

Buy shares in oil NOW! I did.

Not many..but i have shares. In Exxon Mobil.


 
Old Dec 20, 2008 | 01:05 PM
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Default RE: gas prices

Futures too. Price of gas is already on the up, about 10 cents per gallon or so in these parts. I hope demand doesn't increase too much because of these low prices and then I'm paying $4.xx at the pump again.
 
Old Dec 20, 2008 | 01:08 PM
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ORIGINAL: ckebottle

Futures too. Price of gas is already on the up, about 10 cents per gallon or so in these parts. I hope demand doesn't increase too much because of these low prices and then I'm paying $4.xx at the pump again.
It's around $1.75 down here, I love it.
 
Old Dec 20, 2008 | 01:14 PM
  #8  
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It got down to $1.34 or so here, but now it's been $1.65 for the past few weeks.
 
Old Dec 20, 2008 | 05:15 PM
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Dont get too happy,if you understand economics,you will understand that come Late January early Feb...Prices will rise,due to the economy getting better.If it doesnt..them you know were heading for a second straight recession..
 
Old Dec 20, 2008 | 06:22 PM
  #10  
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I filled my boat up today for $22, I haven't done that for a looooong time.
 

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