Comments on: Have Gas Prices Have Been Manipulated for the Elections?

By: Kelvin75

Kelvin75 — Fri, 23 Oct 2009 01:47:38 +0000

In fact, if this guy comes out, I think he should have to be accepted into the gay community. ,

By: Lou in Cary NC

Lou in Cary NC — Mon, 20 Oct 2008 14:30:41 +0000

Short memory prevails for the that other percentage of folks regarding gas manipulation.
Connect the dots. You can see this pattern developes at every election period. The Oil Companies do not want the Gas and home heating prices to effect the election of a Republican. They think that we will forget the over the top prices that we suffered through for over a year. By the way, when Oil per barrel prices raise $1.00, in the matter of moments, the gasoline prices raise. Oil per barrel has dropped by nearly 50% and the prices at the pump have been insignificantly lower. What gives?

By: b

Sat, 05 Jan 2008 01:00:12 +0000

This issue must be viewed with open eyes.
The conspiracy theorists could very well be right. The American government has extremely complex and deep seeted dealinggs in the finacial world. Anyone who knows a bit about the history of the country and is not blinded by patriotism can see that there ARE sinister goings on behind the scenes of not just the US government but also the UK governments. (yes “government(s)” Scotland now has its own government) although I strongly belive that all of these governments are basically one group.

Just for the record, average petrol prices here in the UK are are around £1.08 which i think works out at around $2.13! Strangely enough, though, American military bases over here pay US 36p per litre and UK military pay 66p per litre and it is a fact that, very often, the same fuel delivery truck, with the same load, will deliver to both U.S. and U.K. bases.

I could go on for much longer but here is not the place. By the way I am not writing this as an englishman. I am writing this as a person. Its is time we stopped referring to these problems in terms of “the americans did this” or the “english did that.” we must remember that when we refer to our countries this way about political matters we are refering (most often anyway) not to the members of the public but to our governments. confusion in this matter is what leads to racism.

By: iva

iva — Fri, 25 May 2007 00:00:28 +0000

i don’t think its true, gas prices are up in other countries aswell, for example UK government couldn’t have raised theirs to $2 a littre could they?

By: Larry Watkins

Larry Watkins — Fri, 20 Oct 2006 21:29:58 +0000

Hurricane Katrina had a lot to with the sudden rise and fall of gas prices last year.

By: skeptic

skeptic — Fri, 20 Oct 2006 20:21:32 +0000

The price of oil was bid up due to the factors above. There was plenty of fear in the market and traders and hedge funds took advantage of that to make money. Once the chance of war with Iran lessened, coinciding with the end of summer as well as China and India not consuming as much oil, well then traders and funds decided to trim their long positions. This resulted in downward pressure on the price of crude. That is it. That is why gas prices are lower.
And if it somehow was a Republican scheme to get lower prices then why has OPEC acted to lower their production? Because we all know Saudi Arabia is controlled by Bush so why would thye go along with this so close to an election? OPEC did this because they knew that oil prices were artificially high and they have had to act to stabilize prices. That is all.

By: Blog » Blog Archive » Drivers Believe Gas Prices Have Been Manipulated for Upcoming Elections

Fri, 20 Oct 2006 19:30:40 +0000

[...] read more | digg story [link] [...]

By: James

James — Fri, 20 Oct 2006 16:19:48 +0000

I just have to ask the conspircy therorists: How on Earth are the Republicans going to manipulate gas prices? How? It just doesn’t make any sense. Crude oil is a commodity, it’s publicly traded. To manipulate gas prices, Republicans would have to flood the market with cheap crude (where would they get it?) and undermine the trader positions. I don’t see that phase of the plan working because all the commodity traders would lose massive amounts of money. Even if that phase of a “Republican Master Plan” worked, now the refiners are not able to make their spreads, causing them to lose money. I think that kills the “big oil” manipulation theroy, because as we all know, big oil sleeps better when they are making SCADS of money. Now the wholesalers are going to have to deal with this flooded market. To put it simply, wholesalers are going to get rid of the product the had in inventory before the market flood, and deal with the cheaper product meaning they are going to lose money twice. Now we have to look at the dealers. Most of these people are small business owners. I just can’t fathom that these people are picking up the phone when the Republican Party calls, and giving a hearty “You betcha!” when the party asks them to take a loss for the good of the party come election time.

The Republicans are too greedy to spend the kind of money it would take to undermine the market. And I just cannot believe that anyone would be willing to risk crushing the market for a few votes…

By: Michael Davis

Michael Davis — Fri, 20 Oct 2006 16:18:46 +0000

Perhaps the members of the Plunge Protection Team are selling to drive down the cost. Then as soon as the election is over, up goes the balloon again. Read about the PPT, then you decide what’s going on.

By: Wayne Williams

Wayne Williams — Fri, 20 Oct 2006 16:13:44 +0000

So the Bush Administration manipulates the price of oil? How does it do that? And as for the allegations of it going down in time for the elections… Last November the price of gas at the Wawa down the street from my house was $1.84 per gallon for regular. Right now, it’s $1.99. There were no elections last year, so that throws that conspiracy theory out the window.

And why does gas go up every summer and down in the winter? I believe that happened under Clinton, just like it’s happening now.

So once again, exactly HOW does any sitting President control the price of a barrel of light sweed crude?