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It seems really weird to me that gas prices are staying the same or even going down!!!

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KansasVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 10:04 AM
Original message
It seems really weird to me that gas prices are staying the same or even going down!!!
Huge major crisis in the oil business. Threats of bans and new regulations and gas prices are not going up.

In the past anything caused them to go up. Hell, bad weather in the gulf caused it to go up.

I am not a conspiracy nut but it seems weird that the gas prices are staying low.

Maybe the last thing the oil companies want is to make people upset about gas prices now???

Collusion anyone?
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 10:08 AM
Response to Original message
1. how much is a barrel of oil these days?
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 10:15 AM
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2. We have a strengthning dollar.
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harun Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 10:32 AM
Response to Reply #2
4. Yep, Dollar strengthening against the Euro.
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 10:20 AM
Response to Original message
3. Demand is way down
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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 10:36 AM
Response to Original message
5. The Oilmen In The White House Are Gone......nt
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Ozymanithrax Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 10:39 AM
Response to Original message
6. This oil well wasn't supposed to be producing...
It was going to be capped but not tapped.
It has no affect on the delivery of oil to refineries, or the delivery of gasoline to your station.

Now, if BP should go bankrupt in order to avoid the liabilities, that could cause disruption and a rise in gasoline price. And I would be happy to pay for that at the pump.
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proudohioan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 10:41 AM
Response to Original message
7. Gas prices have gone down considerably in my area...
and your thought was my thought as well.
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