The Rise and fall of Oil Prices and Thanksgiving

[socalover]

We see this cyclical price rise and fall in oil almost every year.

Is it intentionally done to give consumers a sense that when it bottoms out from Thanksgiving through Christmas that we have more money at our disposal making us spend spend spend?

The media tells us that the high driving season of the summer is the reason oil prices rise to a peak yet Thanksgiving is the most traveled day of the year, more people are on the road this weekend.

Also, is the Thanksgiving holiday primarily a government trick to sustain the economy? All I see on TV are ads for shopping.

Am I a conspiracy theorist?

[Maggie_May]

1. I don't know about you guys

but money is going to be very tight this Christmas. I am more strapped this Christmas then I was last. I think gas prices our still way to high.

[Aviation Pro]

2. About four years ago....

...I made a conscious decision to husband my meager earnings. I have made no significant purchases during this period, have paid off all my credit cards (and canceled them), I have bought no durable goods or cars (both of mine are paid off), and sold my house with its strangling mortgage and opted to rent an inexpensive, maintenance-free apartment. I do not 'buy' into the meme that I have to have more, more, more and as a result I have a tidy and very well guarded nest egg that continues to grow.

With most Americans awash in debt from their uncontrollable consumer habits (expertly exploited by the media), I fear that they and the country are headed toward a complete economic collapse.