BS: Where's the Post Election gas price rise

Subject: BS: Where's the Post Election gas price rise
From: Old Guy
Date: 14 Nov 06 - 06:23 PM

Well Well Well. It looks like the predictions of the Crybaby Liberals turns out to be bullsh.. err.. untrue again.

Bobert:
"Whereas it's nice to see the gas prices comin' down I can't help but wonder if Big Oil is in cahoots in tryin' to tighten up the upcoming elction.. ..These current batch of Repubs have winning elections down pat, even when more people vote against them than for them..."

Now I know exactly what Old Guy is going to say but, hey, how 'bout the rest of you folks... Is Big Oil playin' a game to try to keep a Repub pro-oil folks in control of both houses of Congress???"

Amos:
"The last time the Saudis dragged the price of oil down by flooding the market, it was, oddly, just in time for the 2004 erection."

Barry Finn:
"Until after the elections. Starting Nov the cost of home heating will jump & you will see the gas rate sky rocket. Tham republicans are a crafty bunch, ain't they."

Ebbie:
"Last night either Jay Leno or David Letterman said, 'Did you notice that gas prices are coming down? And I predict they will continue to drop - until 10 minutes after Election Day.':

Subject: RE: BS: Where's the Post Election gas price rise
From: Ebbie
Date: 14 Nov 06 - 06:36 PM

Might it be possible that the recent sweep in the legislature has changed the scenario?

Go on clutching at straws, OG. :)

Subject: RE: BS: Where's the Post Election gas price rise
From: JohnInKansas
Date: 14 Nov 06 - 06:40 PM

Up 20 cents per gallon in my town day before yesterday, with 3 comments in the opinion column of yesterday's newspaper, blaming it on the Democrats who aren't in office yet, of course.

Probably the start of another upward spiral.

John

Subject: RE: BS: Where's the Post Election gas price rise
From: Old Guy
Date: 14 Nov 06 - 06:40 PM

Liberal Crybabys created a straw man by predicting gas prices would rise after the republican were re elected unfairly, so they could have something to kick the shit out of.

Straw man clutchers and Shit kickers?

Subject: RE: BS: Where's the Post Election gas price rise
From: Rapparee
Date: 14 Nov 06 - 06:52 PM

Ah, I wouldn't consider either David Letterman or Jay Leno exactly reputable sources....

Subject: RE: BS: Where's the Post Election gas price rise
From: Old Guy
Date: 14 Nov 06 - 07:11 PM

Here's a Hoot: In 1865, crude oil was nearly twice [$104] what it is now.

Subject: RE: BS: Where's the Post Election gas price rise
From: Bobert
Date: 14 Nov 06 - 07:45 PM

Well, Old Guy, I paid $1.89 a gallon three weeks ago at Costco in Harrisonburg, Va. and paid $2.09 yesterday at the same place... Now I don't wnat to hurt yer head here but that equates to an annual increase of, hmmmmmm, about 90% if the current increase is indicative of the recent trend....

But I don't expect a 90% increase for one reason alone: a Democratic victory in both houses which oughtta have Big Oil playin' it a little straighter... I have noticed a pickup in the ads by Big Oil in the Washington Post and these are the full page expensive ads trying to make Big Oil sound like they are Mother Teresa...

Yeah, had the election not turend over both houses or the House by just a few votes, yeah, Big Oil was ready to crush US but things didn't go Big Oil's way on election day for Big Oil so they will screw us with a little more foreplay over the next couple of years...

Bobert

Subject: RE: BS: Where's the Post Election gas price rise
From: McGrath of Harlow
Date: 14 Nov 06 - 07:58 PM

As I understood it those were supposed to be warnings about what would happen if the Republicans won. Which, unless I'm very much mistaken, is generally agreed was not the outcome of your election.

Mind, the sooner all "gas" prices rise high enough to cover the full cost of burning it, rather than that cost being passed on to the rest of the planet, the better.

Subject: RE: BS: Where's the Post Election gas price rise
From: Old Guy
Date: 14 Nov 06 - 09:00 PM

Bobert: Methinks you believe in the Wizard of Oz too ;).

The price of crude went down again today. It will be reflected in the price of gas soon.

Do you want your Crow fried or broiled ?

Subject: RE: BS: Where's the Post Election gas price rise
From: Rapparee
Date: 14 Nov 06 - 09:18 PM

OPEC has cut production; this was done before the election. IF they can make it stick it will eventually drive prices back up. I doubt that any one thing will cause a rise in oil prices...it will be demand, a cut in production by OPEC, and most likely something I can't even dream up right now.

In the six decades and more I've graced this planet with my existence, I've come to notice that there is very, very rarely only one reason for a problem or only one solution to it. EVERYTHING is far more complex than we would like.

Subject: RE: BS: Where's the Post Election gas price rise
From: Bobert
Date: 14 Nov 06 - 09:21 PM

Yeah, what's that about, Oldster...

Crude prices go down and the pump prices go up...

Pleaze explain...

Subject: RE: BS: Where's the Post Election gas price rise
From: Old Guy
Date: 14 Nov 06 - 09:23 PM

Are you saying that the Big Oil Companys don't manipulate the price of gas to sway elections?

Subject: RE: BS: Where's the Post Election gas price rise
From: GUEST,saulgoldie
Date: 14 Nov 06 - 09:47 PM

Anyone who starts out a thread by calling those who disagrees with him "crybaby liberals" is trolling. I have no time nor interest in such trifling. If you want to compare and contrast ideas, point out factual and logical faults, then fine. Otherwise you are on my "ignore" list.

Subject: RE: BS: Where's the Post Election gas price rise
From: kendall
Date: 15 Nov 06 - 08:20 AM

Fact. In Scarborough Maine today the price for a gallon of regular is $2.20. When Bush was "selected" in 2000 the price was $1.50 per gallon. I'm not too good with math, but I know my income didn't go up that much.

Subject: RE: BS: Where's the Post Election gas price rise
From: BuckMulligan
Date: 15 Nov 06 - 09:35 AM

Pump prices up here in southern NH too today (vs. pre-election). Just the facts...

Subject: RE: BS: Where's the Post Election gas price rise
From: Greg F.
Date: 15 Nov 06 - 09:41 AM

Wait Fot It

Subject: RE: BS: Where's the Post Election gas price rise
From: Barry Finn
Date: 16 Nov 06 - 01:52 AM

Hi Old Guy

Barry Finn:
"Until after the elections. Starting Nov the cost of home heating will jump & you will see the gas rate sky rocket. Tham republicans are a crafty bunch, ain't they."

And that's what's happening in my area (southern NH). Gas has roughly gone up a penny a day, hope it stops sometime soon. I don't know why but I know I'm no profit(intended pun) so maybe it happened by chance instead. Call it what you want OG but at least acknowledge it. Some of us here were dead on.

"Are you saying that the Big Oil Companys don't manipulate the price of gas to sway elections?"

Point to who ever you have to. Big Oil & Republicans have been caught sleeping in the same beds for some time now, it's not like they try to hide much.


Barry

Subject: RE: BS: Where's the Post Election gas price rise
From: Ebbie
Date: 16 Nov 06 - 12:16 PM

"Ah, I wouldn't consider either David Letterman or Jay Leno exactly reputable sources.... "

"Ah", backatcha, Rap. They are comedians.

Subject: RE: BS: Where's the Post Election gas price rise
From: jeffp
Date: 16 Nov 06 - 02:49 PM

Gas is up 9 cents at the place where I usually buy.

Subject: RE: BS: Where's the Post Election gas price rise
From: Old Guy
Date: 16 Nov 06 - 10:13 PM

Crude Oil Trades Near One-Year Low on Doubts About OPEC Cuts

By Angela Macdonald-Smith

Nov. 17 (Bloomberg) -- Crude oil, near a one-year low in New York, is poised for its biggest weekly decline since October 2005 on speculation OPEC will exceed its production target and a warmer-than-normal winter will curb U.S. demand.

Yesterday, oil had its one-day drop since August 2005 after Halifax, England-based consulting company Oil Movements said shipments by the Organization of Petroleum Exporting Countries will rise this month. Last month, OPEC agreed to cut output by 1.2 million barrels a day starting Nov. 1.

``There's still a lot of doubt in the market that OPEC is going to be able to cut as much as it says it will,'' said Andrew Harrington, a commodities analyst at Australia & New Zealand Banking Group Ltd. in Sydney.

Crude oil for December delivery fell for a second day, by 26 cents, or 0.5 percent, to $56 a barrel in after-hours electronic trading on the New York Mercantile Exchange at 8:45 a.m. Singapore time. Oil has slid 6 percent this week, the largest decline since the week ended Oct. 7 last year.

Yesterday, the contract slumped $2.50, or 4.3 percent, to $56.26, the lowest close since Nov. 18, 2005. Oil had the biggest one-day decline since Aug. 17, 2005. Prices are little changed from a year ago.

Oil Movements

OPEC's shipments rose 0.9 percent in the month to Dec. 2 to 24.8 million barrels a day from 24.6 million barrels a day in the four weeks ended Nov. 4, Oil Movements said in a weekly report yesterday.

Above-average temperatures will cover the northern third of the U.S. from coast to coast this winter as an El Nino weather pattern persists, the U.S. Climate Prediction Center said yesterday in a report that covers December through February. A warmer-than-normal winter in the region would reduce demand for fuels used to run household and commercial furnaces.

``The temperature situation in the U.S. is not helping,'' Harrington said.

El Nino refers to the warming of the ocean surface off the western coast of South America. The phenomenon affects the jet stream, alters storm tracks and creates unusual weather patterns. A moderate to strong El Nino typically brings mild winters to the northern U.S.

Subject: RE: BS: Where's the Post Election gas price rise
From: Old Guy
Date: 16 Nov 06 - 10:19 PM

Bobert:

You are right. The price of gas has crepy up recently but it will drop soon. There is a lag between when crude goes down and gas goes down. It has to be refined and distributed. However there is not much lag time between when crude goes up and gas goes up.

I tried to post this for you on the 14th but the forum was not responding so here it is again:

Question: Why is it that Gasoline Prices seem to rise so quickly, but fall so slowly?

Answer: When you see the price of Crude Oil sell for $46, that barrel of Oil won't make it to your car as gasoline for as long as 3-6 months. Recall in May [2004], the price of oil pulled back into the hi $30s -- thats why gas dropped in price by more than a few cents in July.

There's actually a good reason for the phenomena of retail gasoline prices rising quickly, but falling so much more gradually. Its strictly a function of competition in the marketplace.

When crude prices rise, all the gas stations raise their prices accordingly -- they have no choice, otherwise they would be losing money on each sale. They all pay (more or less) the same prices for refined gas, and make a relatively small mark up on the fuel they sell. As wholesale prices rise, they pass along the increase.

When the price of Crude eases, however, what forces gasoline prices back down is simply competition. One station lowers prices a few cents, and pulls in more traffic; That forces others to do the same -- until prices gradually work their way back down to the earlier prices (assuming crude returns to its prior price). While the retailers may make a greater profit for a few days, competition eventually forces them back to their original margins.

You may be surprised to learn that gas stations make the bulk of their profits on the quickee mart / convenience store, or on automobile repairs -- and not on fuel. They are greatly incentivized to keep the prices low enough to draw you in as a customer, where they can make their profits on, well everything else beyond petroleum . . .

Subject: RE: BS: Where's the Post Election gas price rise
From: pdq
Date: 16 Nov 06 - 10:21 PM

Let's hope the people in the Northeast have a nice mild winter this year. Last year, a friend of mine in Upstate nearly died of a heart attack trying to shovel 5 feet of global warming off his driveway.

Subject: RE: BS: Where's the Post Election gas price rise
From: Old Guy
Date: 16 Nov 06 - 11:09 PM

Here it is mid November and I still have daylillies and roses blooming in Maryland.

Subject: RE: BS: Where's the Post Election gas price rise
From: Ebbie
Date: 16 Nov 06 - 11:41 PM

Here it is mid November and I still have daylillies and roses "blooming in Maryland. "

That's what we're telling you. The weather is weird.

Subject: RE: BS: Where's the Post Election gas price rise
From: Bert
Date: 17 Nov 06 - 12:16 AM

Here in Colorado. 2.05 before the election, 2.18 now.

Subject: RE: BS: Where's the Post Election gas price rise
From: mrdux
Date: 17 Nov 06 - 12:51 AM

. . .and, reporting in from Oregon, last monday at my neighborhood 76 station, $2.34/ gal. today, $2.56.

Subject: RE: BS: Where's the Post Election gas price rise
From: Barry Finn
Date: 17 Nov 06 - 01:05 AM

Old Guy, please, you're wrong & admit it. You're still gonna go for a defense even though it's in your face? How bout letting it go?Revieve the thread in six months, maybe you can be right by then. Crude drops & your logic follows. Gas goes up, it's the Dems fault, Crude goes down, who's fault is that, who's goona get the credit or who's gonna get the heat (HEHEat)? Is it really winter yet?

Barry

Subject: RE: BS: Where's the Post Election gas price rise
From: EBarnacle
Date: 17 Nov 06 - 10:30 AM

We've gon up about 6 cents as of yesterday. If you'd like to make your gas mileage go up, go to

www.ugotmiles.myffi.biz

In the interest of full disclosure, I own the site. The product is snake oil but it works and comes with a money back guarantee.

Subject: RE: BS: Where's the Post Election gas price rise
From: Becca72
Date: 17 Nov 06 - 10:45 AM

Saco/Biddeford Maine: gas before election $2.11/gallon. Yesterday, $2.26/gallon. I'm no good at math, but that looks like a post-election increase to me.

Subject: RE: BS: Where's the Post Election gas price rise
From: Barry Finn
Date: 17 Nov 06 - 05:00 PM

What say you about the post election gas increase Old Guy, did it happen?

Barry

Subject: RE: BS: Where's the Post Election gas price rise
From: kendall
Date: 17 Nov 06 - 05:16 PM

$2.39 on the Maine turnpike. I taught Becca72 what math she knows.

Subject: RE: BS: Where's the Post Election gas price rise
From: DougR
Date: 17 Nov 06 - 08:01 PM

The price of gasoline has nothing to do with who is elected ...Republican or Democrat, or who is President.

DougR

Subject: RE: BS: Where's the Post Election gas price rise
From: kendall
Date: 18 Nov 06 - 07:58 AM

Tell us what you know, Doug.Explain how come EXXON gets profits in the BILLIONS while working folks struggle to get by.

Subject: RE: BS: Where's the Post Election gas price rise
From: Barry Finn
Date: 18 Nov 06 - 11:13 AM

And how Exxon still gets away without paying the fines & the costs of their Alaskan Foul UP?! And why the next day after elections the price of gas goes from falling to rising??

Barry

Subject: RE: BS: Where's the Post Election gas price rise
From: Little Hawk
Date: 18 Nov 06 - 11:39 AM

Well, in my neighborhood the price of gas rose from $0.789 to $0.869 in about a day and a half after the election. That's about a 10 % rise, and it's been fairly much holding, so there has been a post-election increase. Not an enormous one, but an increase, yes. The price is still considerably lower than it was a year ago. We shall wait and see what they do next.

Subject: RE: BS: Where's the Post Election gas price rise
From: BuckMulligan
Date: 18 Nov 06 - 12:35 PM

No doubt DougR is correct, and it's all one mass of coincidence that 1) incumbent political parties suffer when gas prices are high, and 2) gas prices were humongous, and 3) the party in power has significant connections to the oil industry, and 4) just before the election gas prices went down, and 5) just after the election they blipped up again. Perhaps DougR and OldGuy could explain to us the reasons for the sequence of events, of it had nothing to do with the elections. I'm not saying it did, mind you, but I do know that the administration and its party have deep and long-lived connections to the oil industry (that's fact, not opinion), and if there WERE any possible influence on the elections that could be exerted by lowering gas prices at the pump (and that's a very good bet), and if the administration's party COULD exert any influence on the oil industry to effect such a decrease (a pretty good bet, but that's opinion), the administration in power would not hesitate to exert whatever influence it had upon the oil industry (probably considerable) to effect a (temporary) decrease in gas prices in hopes that such would influece - however slightly (way too slightly, as it happened) the outcomes of the elections. But that's my opinion based on my observation of the administration and its "performance" over the last six years.

Subject: RE: BS: Where's the Post Election gas price rise
From: Donuel
Date: 18 Nov 06 - 01:47 PM

Huh?

pump prices are riseing steadily here in DC.

It seems facts are still excommunicated by the right wing freak show.

Subject: RE: BS: Where's the Post Election gas price rise
From: Little Hawk
Date: 18 Nov 06 - 03:33 PM

The world is and always has been a place in which most people see exactly what they wish to see... ;-)

Thus they get the world they believe in. Every time.