Just an observation...

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Just an observation...

Postby Bone » Sun Nov 12, 2006 2:20 pm

In the months leading up to the November election gas fell from over $2.50 a gallon to just below the 2 dollar mark. Now within a week following the election gas has already jumped back up .10 a gallon.

Makes me wonder how much control the goverment has on gas prices, and further if GW will use the cost of gas to punish us for removing the republican control, in the hopes of making the democrats look bad before the next presidential election...

Fortunately for me, I predicited this would happen and filled up the gas tanks on election day. I hate that I was correct, as it would have been nice to see the gas prices continue to drop.

Anyone have thoughts?
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Postby vertigo25 » Sun Nov 12, 2006 3:08 pm

I don't think the government has any direct control over the prices, but I do think the oil barons lean towards Republicans and would try to sway elections.

The Dow also fell dramatically this week. It's funny, because by and large economists like Democratic economic models, but stock brokers like Republican. That may also have a lot to do with the gas prices, too.
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