Eleanor Clift said if gas hits $3 a barrel, Kerry will win the election. But how would Kerry's policies do anything but INCREASE the price of gas? It seems to me that not drilling in ANWR and going along with every whimsical environmental demand is more of a threat to gas prices than Bush could ever be supporting drilling in ANWR and resisting ridiculous environmental demands.
Don't you understand? Bush is oil-hungry! It's all his fault that the prices jump!! Our local talking head said last night that the highest price of gasoline in history was during Bush 41's presidency, and that the second highest was under the current administration. He claims there is a connection. Well, hell yeah there is a connection: We were at war with mideast countries during these times.
Some people amaze me with their stupidity.
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If that is the truth, good. Because the gas prices have pretty much peaked out. Maybe another quarter but that will be it before November. Therefore it's a plus for Bush.
If one understands how things work, gas prices have not kept up with other items over the years. Disallow the state and federal tax and compare gas prices to other items of daily use in the USA that are not taxed and you will see what I mean.
If I recall I was paying $2.25 per gallon (93 Octane) for gas when it peaked out last time. It hasn't reach that point agian.
Gas is still cheap here when compared to other counties.
Im sure if they do climb at all after say June, those things will be pointed out to the public.
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Now you have to picture a combination of PeeWEE Herman and Wally Cox but with less muscle tone, trying to be intimidating None of this is funny! Message edited by Cougar Mag -- 1/7/2005 1:16:42 AM >/b]
OPEC sets PRODUCTION, they do not set oil prices. There are also many factors that affect oil prices - such as refinery costs, Venezuela workers striking, an oil pipe line ruptured, threat of war .... I played commodities for a while and lost a lot of money learning about it
Example - in 1998/99 crude was like $11-12 a barrel. Gasoline was like $90-1.00, right ? now crude is up to $35 a barrel, and gas is $1.75-2.00 a gallon
Refineries have a lot to do with what the pump prices are .... but even though OPEC might control the barrels produced per day, and thats only oil thats shipped, i don't think that included what each country produces and used itsself - its the gas companies that set the prices.
So again, it doesn't add up - GW is an oil man but rising gas prices might cost him the election ??
I don't know what Jimmy Neutron has to do with my llama ???
There is a character on Jimmy Neutron who loves llamas ....hence the question. Economically speaking OPEC does indirectly control oils prices. Its called supply and demand. If they cut the supply while demand is great prices rise. If the increase supply while demand is low prices decrease. GW has no friends in OPEC ..........
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I think if gas hit $3/gal, it would help Kerry. That kind of expense puts a bind on our freewheeling mentality to go anywhere at anytime. And when we have less money to spend, we just blame it on the president. Neither canidates policies will make much difference if any. When gas is cheap, people just love to head out with minimal expense and we feel better about the economy. JMO
If gas at $3, how does that help Kerry?
