gas/election/president
+ Reply to Thread
Results 1 to 3 of 3

Thread:
gas/election/president

  1. #1
    Led
    Led is offline
    Senior Member Led's Avatar
    Join Date
    Jul 2010
    Posts
    1,493

    Default gas/election/president

    so is there a relation in the election and gas prices?
    just wanting a lil educating, does the president actual govern gas prices in any aspect? some say the president has no relation to gas price, if so why are gas prices going down? related to the DOW dropping 500ish in the last few days?

  2. Remove Advertisements
    PerformanceBoats.com
    Advertisements
     

  3. #2
    Senior Member wolfie's Avatar
    Join Date
    Dec 2007
    Location
    In the garage working on the boat in Utah, United States
    Posts
    7,810

    Default

    Quote Originally Posted by Led View Post
    so is there a relation in the election and gas prices?
    just wanting a lil educating, does the president actual govern gas prices in any aspect? some say the president has no relation to gas price, if so why are gas prices going down? related to the DOW dropping 500ish in the last few days?
    The president does control the amount of leases on public lands and coastal waters for drilling. Of course we all know that supply and demand go hand in hand with cost.

    Also, the value of our dollar has a big relationship with what it costs for a barrel of oil. The fact that our current administration is stifling business and economic growth, and has continued to spend beyond our means, it has had to print more money so our dollar is worth less and less.
    Last edited by wolfie; 10-23-2012 at 04:59 PM.

  4. #3
    Red Blooded American The Doctor's Avatar
    Join Date
    Jan 2008
    Location
    Peoria, AZ
    Posts
    15,853

    Default

    Yes, he can release our reserves to make prices soft at the time of the election. It has been done before and I have no doubt that the next two weeks will be some of the best prices we'll see this year.

    Now, after Romney opens up drilling offshore, on federal lands and in ANWAR, things will change in a major way!


    Click image for larger version. 

Name:	Gas prices explained.jpg 
Views:	21 
Size:	57.0 KB 
ID:	182338
    The best things in life aren't things!

+ Reply to Thread

Quick Reply Quick Reply

Register Now

Please enter the name by which you would like to log-in and be known on this site.

Please enter a password for your user account. Note that passwords are case-sensitive.

Please enter a valid email address for yourself.

Please select your insurance company (Optional)

Log-in

Tags for this Thread

Digg This Thread

Posting Permissions

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
  •  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95