Declining gasoline prices.?

for those who say that it always goes down in the Fall,,, never in the history did it go down that much, we all know Bush was in the oil industry, we all know Cheney was in the oil industry, check what the prices were before they came into power, than check what the price were this summer, and who made the biggest profitable year ever recorded in history? these are all facts, did bush ever met with someone like OPEC to see what can be done?

Well a majority of the 42 % of those people are democrats. So whats that mean? It means that all the people that hate George W. Bush believe he controls the gas prices. or rather the republicans do. Well First off the president nor does the Republic Party control oil prices so that would be a useless for helping them in the upcoming election. And besides if you took a second and (which is probably impossible) thought about it; how is the guy the democrats think is so stupid able to controls big oil and gas prices? Second off I'm pretty sure he would keep the gas prices cheap using the same method with taxes. you know the cheaper it is the more people will buy. and while his campaign in 04 was ''hurting'' pretty badly don't you think he would've lowered it to help himself? And another thing why are gas prices around $2 right now? Surely if the GOP operated the gas price lever, they would drop it down to around a dollar...ensuring a sweeping victory in November.

Too bad it's impossible to explain simple supply and demand to you people who don't een know the difference between a profit and profit margin.

I think Bush is using foreign policy to effect the oil market.

It goes like this: Iran supplies a significant amount of oil to the US. During the summer Bush has been creating high tensions between the US and Iran. Those tensions have been causing oil futures to skyrocket in fear.

A few weeks ago Bush embraced more diplomacy and eased tensions with Iran. This eased oil market fears.

Thus Bush found a way to make thing look good for his republican party.

There are a number of choices to explain gas prices.

Oil rigs in the gulf finally getting up to full production...I know this to be true because i work for a company that makes pressure gage housings for oil rigs,the orders were tripled and quadrupled since the hurricanes..they are just now starting to reduce orders.

The big3 in automotive suffering from gas prices and now they are getting help.

Elections.

Supply is more than demand.

Or a combination of all.

I don't get it. If the prices go up, it is the Republicans fault and the war is all about oil......when the prices go down, it is a Republican conspiracy. What is with you people?

It sounds nothing special! In a free market economy, the prices of products are determined by supply and demand!

It isn't the oil companies. It's Goldman-Sachs. The traders changed some rules, so many of the investors had to sell their futures contracts, starting a trend. If the weather cools off, we'll see higher prices sooner. Once the oil companies know you'll pay 3.00, they will do their darndest to keep it.

They need republicans especially after what chavez is doing to big oil companies.Prices will go up after the election fear not.

Welcome to the world of election year politics, if you were a big oil company would you not want to keep the people in power for two more years that allowed you to break the backs of the common American and allowed for record profits. Yes, oil company's there is a Santa and it is George Bush and the Repuglican mafia.

You sound like a little kid.

When you get in the sixth grade, you will study supply & demand.

Seasonal differences, etc. Then you will understand.

You may be reading some terrorist propaganda.

Go help mommy with the dishes and do your homework.