Is it more than a coincidence that gas prices started rising the very next day after elections?
819806
The price went up for us but the cost of crude remained the same.  Today crude costs went down.  Will lower prices follow?  Something smells around here.
318772
gas prices are terrorism
302739
Poltical instability in the middle East is a cause for higher gas prices. It's ironic that Iraq is one of the least expensive places to buy gas in the world. The oil companies can't just jack up prices whenever they want, regardless of what you may have heard.
506470
President Bush does not set the price of oil, hence the price of gas. The price is set by world demand for oil and the expected future demands (future markets), then add in a dash of political instability and gas prices rise.
85279
No, not right now.  Natural gas prices have almost doubled this winter season.
989569
Truthfully and without sarcasm: no. Plain and simple. The hike in gas isn't just because of us invading Iraq. More and more people are using gas: it's the law of supply and demand. If the demand for a product goes up and there's a little supply (there really isn't a small supply, but these countries have to supply the whole world) the price goes up. Plus, with us being in the Middle East, other huge oil producing countries like Iran--especially with the controversy over their nuclear weapons program--might sell less oil to us, thus lowering the supply with the high demand, increasing the price.  And as long as the American people can and will pay for the gas, they'll keep selling it.  Also, as a result of whatever sanctions or mandates are out there on some foreign oils, prices will go up.  Just because there are oil fields in Iraq, doesn't mean that we went in there for that. Why would we do that? If the gas prices were moderate while Saddam was in power, without this huge hike in prices, why would we go in there specifically for oil? What would you do if you suspected a foreign power was invading you to overthrow you, take your money from the oil away and put it in their pockets? You'd do the same thing Saddam was doing (sabotaging oil fields and the pipelines).  The only reason why the oil prices went up to begin with during the Invasion was because Saddam felt that he wasn't doing anything wrong (like the genocide, even building up his military) and that the only reason the Coalition (led by the U.S.) was invading his country was because of the oil. And when the oil prices get high enough, don't you think people will find different venues around them? Like more carpooling, public transportation, bicycles. I know when they get so high that it's really burning a whole in my pocket, I'm buying a train pass.
873556
as soon as the election is over you will see the rates go through the roof as well as gas prices
457866
The price of gas is going up due to the increase in price of oil (from which gas is refined) in the world markets.\n\nIt is not a question of supply and demand. There is as much oil being produced and consumed last week as this week. It is just that the stock and commodity markets (mainly in New York) control prices and push the prices up for their profit.\n\nThese commodity market types rely on politicians like George W and Cheney to use violent language. They will then jump on the bandwagon by bidding prices higher.
724775
The chances that big oil has tried to influence the election by selling cut rate gas are pretty high. I am sure they can see that a Republican House and Senate is definitely an advantage to them. As is, the the Dems will make some gains, but no where near what they would if gas was above $3.\n\nI don't think they would let it be so obvious by letting the price rise to $3 by Jan 1. But, $3 by July 1, 2007? Very likely.
732669
Stocks went down and the gas prices went up, if not that very day everyday since then up til now.
690244
Gas prices are rising due to the rise in the price of crude oil.\n\nThe price of West Texas Light Crude rose to over $70 a barrel on the international market, although it has now fallen to $69.63. The price of Light Crude tends to be higher than other Crude Oil prices because it contains less sulphur. This reduces the refining costs involved with making petrol that conforms to the environmental standards in the US and Europe.\n\nAlthough OPEC and other Oil producing countries have increased production of oil, the demand is outstripping the supply.\n\nThe economy in China is growing fast and as the masses enjoy more disposable income, they buy cars which in turn require more oil.\n\nThe Indian economy is also getting stronger and they too are buying more oil.\n\nA further complication that adds to the demand is the lack of refineries. The efficient refineries are operating at almost full capacity which means that less efficient plants are being pressed into service. The problems in obtaining refined product places further pressure on demand side prices.\n\nOn the supply side, there are political uncertainties in a number of big oil producing countries. Such uncertainties cause problems within the supply chain and cause prices to increase.\n\nOPEC cannot produce enough extra oil to satisfy the extra demand.\n\nIn the past, Russia could be relied upon to pump extra oil. However, Russia is busily re-nationalising Oil Production (e.g. The recent Yukos case). This means that Oil production in Russia has fallen away from 2004 levels. Although Russia has huge reserves, it will be a while before production starts to grow again and so they cannot be relied upon to meet the extra demand. \n\nVenezuela is having a little spat with US Oil companies. Go Venezuela! Unfortunately, this is also effecting supply. \n\nNigeria, well is Nigeria. However, the locals are not happy with the way that oil companies operate and have taken to protesting over the way their land is being poluted. Local bandits and industrial unrest all combine to threaten oil supply.\n\nThen there is Iran which is in dispute with the west over Uranium enrichment.\n\nWhenever demand outstrips supply, speculators get involved. The US leads the way in commodity speculation. With continual upward pressure on the price of oil, speculators are having a field day.\n\nThe complication that the US has brought to speculation factor is the invention of 'virtual speculation'. These are speculators who speculate on the commodity speculators. This in turn causes prices to fluctuate more wildly and pushes prices even higher in a rising market or lower in a falling market.\n\nThe only way to improve the situation would be to either increase supply or reduce demand.\n\nIncreasing supply will take many years to be effective.\n\nTherefore the only way to reduce prices is to reduce demand. So, if everyone used less fuel the prices would fall.\n\nTime to dust off your old pedal cycle?
348889
supposedly it's because of "weapons of mass destruction." but we all know it's because of the oil. the shitty part is now bush has had us over there 3 years, and the fuckin gas prices are still pushing $3 and probably $4 in summer.
714627
I don't think so. Although gas has gone up since the election. I think the prices were down before the elections to help the republicans hold there power, that way the republicans can help them. I look for gas to steadily increase so at the next elections the republicans can blame it on the Dems. The stock market is controlled by the big corp. They won't let it go down on purpose. The hard part will be trying to keep the C.E.O.s hands off the employees pension funds. Luckily my pension is funded through my union and the gov. watches unions like a hawk. They don't seem to watch company pension plans very close.
691710
The sun will rise and so will gas prices!
595280
My economic knowledge tells me that I hope it goes up up up. My company pays for my gas, and as a resident of Alberta, Canada I stand to share in the wealth that the province brings in from oil revenue royalties. My family got a check for $1600 this last time, but with the current (and rising) oil prices the next one could be much higher. \n\nMaybe people will stop buying stupid SUVs too. I just bought a Honda Civic and it gets great milage. \n\nIf the USA continues to try and clense the world of anti-western democracy govenments (Iran, N. Korea etc.) this trend will continue. If faith in the US dollar doesn't improve, people will continue to invest in commodities like Gold, Silver, and Oil, thus driving the prices up.
202996
I have! Oil prices go down and gas goes up. Supplies increase the price at the pump goes up. The 2nd biggest oil deposit in the world comes under U.S. control.... You get the idea. Enough is enough. His friends have all made a buck on this insanity, let's go back to $1.00 a gallon.
1165074
Well with the look at gas prices rising every year...   Yeah I know sad..  I would say yes\n\nExxon Mobil  these money grabbing corporation is not going anywhere. Even if we change to a differnt kind of fuel... They will still be using oil... for the next couple of hundered years...\n\nI pray that judgment comes before... that happens..