When and how far will gas prices fall after Labor day and before the GE?

[yourout]

I would bet the farm that gas prices will miraculously drop 1$ a gallon next Sept into Oct.

In the mean time big oil is going to squeeze us for every last dollar, dime, nickel, and penny they can.

[Miss Carly]

1. I hope they go down sometime soon

1 dollar would be o.k., 2.00 a gal lower would be better.

[Shoelace]

2. exactly! They did the very same thing in the last 2 election cycles

just as you stated in your post. I've thought alot about this and would bet the farm on it. They will gouge the public until the last 3 weeks to build up lost profit from lowering the price of gas those last 3 weeks before election.

K & R!

[Fire Walk With Me]

7. I posted on DU that the lower prices were temporary, a campaign contribution

and now I can't find the posts.

Yep, prices went right back up after the 2006 election. I'm surprised that some were surprised by that.

Note that Bush is using "Stimulus Packages" to soften us to Republican domination. Of course they'll move gas prices around, they help the Saudis control them.

[Shoelace]

13. I was shocked that people couldn't figure that out in '06

but so goes our corporate controlled media who will never make mention of this.
I did read an interesting take though a couple of days ago but can't find the article now. They said that maybe the reason the Saudis weren't cooperating with Bush to lower the price of crude oil, was that they want to see the Democrats get in power! It went on to explain the ifs, ands and buts of it all but it was certainly food for thought and something I will watch closely.

However, I believe it's more to do with peak oil than other factors as far as the Arabs go, but Exxonmobil et al, would do whatever manipulating they can to make sure their minions stay in power here in the US.

[Fire Walk With Me]

16. Remember two imperatives.

-Enron planned schemes in advance (newspaper story, limited coverage).
-The Bush family/CIA are old friends with the Kuwatis and Arabian oil powers.

Enron schemed power shortages to make the California governor look powerless, and got him ousted in a recall election. And installed a Republican wild card. They pushed our Personal Inconvenience button, and we're quick to act when that happens. Look at the furur around "new Coke".

Because Bush and his oil friends have nearly cornered supply and demand, they can and will set prices wherever they wish, especially to Enron anyone they don't like. "It worked so well before, let's use it once more..." -Front 242.

I did indeed post that the lower 2006 gas prices were a campaign contribution, and that it would go right up after the election. I'm going out, would someone be so kind as to dig that post up? I can't seem to find it, and wish to reinforce my statements with it, if possible.

Electing a Democrat this fall will NOT change the oil problems we are suffering from. Remember what OPEC did to Carter. Hell, remember what Regean/Bush/CIA did to Carter.

[Shoelace]

17. I so remember

what Enron did to Grey Davis, the people of California and reported it verbatum on another forum before joining DU. Remember those phone calls about Granny what's her name - geez, that made me sick to my stomach.

Yes, Carter got fried by them all and in another way, so did Bill Clinton as they tried to take him out or at least side-line him with that impeachment try.

They are vicious and know no dirty trick that they won't pull this season.

I am very, very concerned that the Democrats are blowing it bigtime in so many ways.

Hope you find your post, I don't know how to search those things.

[Fire Walk With Me]

19. Here it is: Low gas prices are a campaign contribution.

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=132&topic_id=2872768

My reply insisting that they will indeed rise again after the election isn't in this thread, or search. However, that is exactly what happened.

This goes to prove that they are indeed controlling supply and demand, that BushCo and their OPEC friends are grabbing and manipulating oil prices any way they want. And are profiting wildly. And we're paying them out of our pockets to seize the oil they're selling back to us at years of record profits.

SUCKERS! HAHAHAHAHA! -George Bush.

Had enough of BushCo? Impeach now, or the next president won't have the power to change the oil monopoly. Don't leave Bush and friends walking around free, to continue the rape and humiliation of America.

[housewolf]

3. Remember in 2004 when Prince Bandar called in to Bob Woodward on Larry King

They were discussing Prince Bandar's saying that he wanted the Saudi's to get the price of oil back down to around $20 per barrell (from around $40 per barrel).

My how things have changed. Price has tripled in 4 years.

[Shoelace]

14. I found the transcript of that interview with Prince Bandar

pretty darned interesting!

http://transcripts.cnn.com/TRANSCRIPTS/0404/19/lkl.00.html

[izquierdista]

4. I'll take a guess

Oil at $95 a barrel. That will be the LAST dip under $100.

[dweller]

5. $1 a gallon lower? You may be right

unfortunately, that may result in only $6/gal reprieve.

there is a lot of time to squeeze us dry until then.
dp

[mdmc]

6. I doubt we will ever see oil at under 100

asia is eatin the stuff up...

[GreenTea]

8. .68 cents...enough to pacify us, and we'll say, what a relief, it's better than nothing".......

Life will be grand, so let's vote republican & we'll ALL be rich! :bounce:

[tama]

9. Don't think so

Lately barrel prices have been rising much more than gallon prices. Barrel prices 100% in one year, prices at the pump much less than that.

[BlueIris]

10. I don't think they're going to go down all that much.

I think this is basically a fuck you to the American people ('specially those who might be voting Democrat). And they'll go up quite a bit in the next decade before the oil runs out entirely regardless of what happens this year, of course.

[ThomWV]

11. Once they start heading down the price is going to collapse - just like any other bubble.

That is the problem with speculation driven prices, the fall hard when they fall.

[tama]

12. Not a bubble n/t

[ThomWV]

18. Nothing but a bubble.

Unless you prefer to call it a rape; the one thing it is not is a normal reaction in price as a result of changes to either or both supply and demand. There is no place on earth where a shortage of oil exists and in fact many places where there is 'excess' and yet the price continues to rise. What is so interesting about it really is that world wide and even in the US - in fact mostly in the US demand has been falling as supplies and prices have risen. How do you explain that little bit of economic magic? Do you realize that Europe is importing finished gasoline to the US not so much for the high price, which they can get on the eastern side of the the Atlantic; no, its because they don't have enough storage space for their excess refinery capacity. Get it? There is no shortage. So why is the price rising day after day? Speculation in the market, no more and no less. That lofty price you see reported every day is the top of the bubble. Its going to burst.

[Kansas Wyatt]

15. The Wealthy Elite (BushCo. Inc. Financiers)

Are squeezing all the money out of 'We The People,' while they still can, because this will be the last time they can get away with it. They know the blow-back is coming, and their free ride over the last eight years, is coming an end.

The price of gasoline has more to do with the value of the Dollar plummeting, due to Idiot In Chief's war and tax-cuts for the rich.

With the middle class eliminated and/or in bankruptcy crisis stage, the Wealthy Elite are going to be called upon to pony-up for their free ride under Idiot In Chief. So they are speculating in the oil market, driving the price up and creating a stockpile of cash to "pay their share," when the lunacy of Idiot In Chief's last eight years come to an end and the grown ups run the country again. It's all been turned into a big racket, and even when people think the Wealthy Elite will be fairly taxed again, the Wealthy Elite will be paying those taxes with the money they raped and pillaged off of 'We The People,' with the stockpile of cash they are reaping now. And here's the kicker... 'We The People' will be doing without from our government, still, because no extra money is left over for such "frivolous" things like, social services etc. etc.

[Robbien]

20. It is not going down. Politicians aren't in control, hedge fund bets are

ruling the roost these days.

No way are the speculators going to let some dumb politicos get in the way of their gambler's fever.

[ThoughtCriminal]

21. At most 15% from the high point

I think that it always drops seasonally at that time.

[MiniMe]

22. McSame isn't an oil man, and neither will his VP pick

He also doesn't want to drill in ANWR, so they may love their profits more.

[lonestarnot]

23. Not going to fall.

[alittlelark]

24. Maybe they will float at the $3 mark

'Morans' will kiss the spigot and vote for McSame.... Fortunately those 'morans' are only 17-20% of our populace... They are too stupid to realize that oil-men in the WH got them in their current bent over w/o vaseline predicament.