Thread: USA Gasoline Prices ..... Did you ever notice ......

Every Presidential election year in my memory , and that is quite a few, the price of gas at the pump goes down in the months before the election. What is that about ? Not that I'm complaining ... I'll complain after the election ..... when the price goes up again. I'm not imagining this BTW. The other thing is the Florida Lottery. Every year approaching Christmas there is no winner until it goes sky high. Could it be the fix is in ?

Hmm..I wonder how much cheaper an all electric vehicle really is if not driving much...$4.41 is the going rate here in socali

I had a political science teacher who had a theory about this. During election years, candidates on both sides don't want to waste their campaigns by trying to cater to the 18-35 white people, who have the lowest voting percentages. They take care of this group by offering very simple things such as lower gas prices to lessen their drive to want to vote, letting the candidates focus their attention on campaigning for the elderly and minority groups. He said that this was why Clinton was so popular when it came time for elections. He was one of the first to actually pander to the young non voters.

I have also noticed every election year gas prices go down. It is like clockwork, never fails. Lotto is totally fixed, when a Congressman wins lotto 3 times that is a pretty clear sign.

If you remember gas was $2 when Obama took office. He has publicly stated that he wants $4 gas. It's only come down 40 or 50 cents. I doubt it will get to $3 before the election.

The president doesn't control gas prices though. The biggest thing he can do is block drilling and pipelines like he is doing now. His policies can effect it some, but even the US oil companies don't control it that much. It's a global market and US oil companies are small players now.

4 Dollars a Gallon would be the deal of the day. Heck, i'd settle for 6 even...

Hello to All,

Here in the UK we pay the equivalent of ca 8.50 USD for a US gallons worth (1.33 GBP a litre)

Have fun !

Best regards

Russ

At 4 $ per gallon, I'd install a 1000 gallon tank and have a local supplier fill it up with gas.
Because that would be an extremely sweet deal.

Yup, we pay €1,36 per Quart at the moment.....(actually per Litre...but close enough.) These threads come up now and then. People ain the states are often complaining about the price of fuel.....especially when they've never had to fill up on fuel in Europe.

When did gasoline cost the least in the USA relative to income?

The lowest price for gas relative to income (adjusted for inflation) was from 1986-2003.

Most people get this question wrong. Here is your economics lesson for the day. Some of us remember gas for less than $0.30/gallon. But this is the nominal curve. I thought you would find this graph interesting. If someone asks when gas prices were the cheapest you now have your answer. Of course, the current trend is most disturbing, but take heart. The strengthening dollar is caused by investors bailing from the Euro. You may expect gas prices to fall considerably over the next few weeks if not months. When the dollar is strong, then ALL imports cost less, including oil. However, a strong dollar hurts exports as the price of our goods offered to the rest of the world goes up. Oh well, I guess you cannot have your cake and eat it too.