Gas/POL prices rising in U.S.

[Clarsachier]

Election's over and, just as predicted ;


Natural Gas Prices Rising Despite Gluthttp://www.kirotv.com/money/10204275/detail.html


There is no way they can justify raising the price of gas. Oil delivered this month is at its lowest price in a year.
http://www.chicoer.com/letters/ci_4696905

Politics and oil ; 'There's hardly any dispute about the connection but, there's very little to get it under control.' The money has spoken.

[kaspur_eh]

Thanksgiving... supply and demand.

[Clarsachier]

Thanksgiving... supply and demand.


Crude oil's at the lowest price in a year & there's a glut.

[socom6]

LOL whats this thread for?? I just heard a lil while ago gas/oil prices are the lowest in a year. Paranoia in people is just too much sometimes.

[2Sheds_Jackson]

Prices are a result of market perceptions, not necessarily realities. Look back at the spike in prices a few months back - do a stare and compare between the supply and the price, and you'll see that those prices were also a result of perceptions, not realities. We had all kinds of media hype, various political leaders saber-rattling to drive up prices etc. Works like a charm.

[Geezah]

Election's over and, just as predicted ;

http://www.kirotv.com/money/10204275/detail.html


http://www.chicoer.com/letters/ci_4696905

Politics and oil ; 'There's hardly any dispute about the connection but, there's very little to get it under control.' The money has spoken.

Crap, I paid $2.09 for 89 grade last night, and 87 was down to $1.98 this morning.
Gas prices are going down in our area.

[Ordie]

Follow the money and you'll find the Saudis.
They have a surplus of oil (sweet crude) and are regarded as the price setter in the global market.

They did "W" a favor and lowered the price before the elections. The day after the elections OPEC had its meeting and the prices started to go up.

It doesn't take a rocket scientist to figure this one.

[Clarsachier]

Crap, I paid $2.09 for 89 grade last night, and 87 was down to $1.98 this morning.
Gas prices are going down in our area.

I noticed that, when I was checking to see how much gas has been going up
in other states. Here, it's gone up .5 - 1. cent per gallon each day since 'the 'Thumpin'.

But it still seems that I am correct - gasis going down in Ohio but other POL
products are going up.

http://charlotte.bizjournals.com/columbus/stories/2006/11/13/daily18.html

Columbia Gas of Ohio Inc. is raising natural gas prices in December, but still expects customers' bills to be nearly 19 percent lower than a year ago.

[usbabmc]

Follow the money and you'll find the Saudis.
They have a surplus of oil (sweet crude) and are regarded as the price setter in the global market.

They did "W" a favor and lowered the price before the elections. The day after the elections OPEC had its meeting and the prices started to go up.

It doesn't take a rocket scientist to figure this one.

Oh bull****. The big oil companies didn't want gas prices to be an issue for either party so they kept prices down.

[AK74]

Hey, were having a lowering of gas prices here....

Guess the heavy machinery in IRAQ is using quite a tad of oil.
1.2 billion, go figure.