Reader comments: Gas drops below $2 at some Utah stations
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We will not really feel relief until the Price of Diesel drops down to what would be considered reasonable.
Where we are getting gauged is in our light bills. Mine has Tripled in Seven Years. From $250 to Over $600 per month. I thought I was the only on (not really) until a local News Station did a Story on it.
That is without A/C.
The connection is that Light Companies use fuel. As fuel comes down so should my price. On the Up side I do not need Heating Oil, as I have no furnace, or fire place. I do have a Blanket and just in case a Space Heater ,but I rarely use the Blanket and have not used the Space Heater. My waterbed can be heated but my Fish Tanks are not. Although I could. It would call for putting all the Fish in 1 tank. Some of the Fish would not like that.
The opec nations who only just a few years ago called $25 dollars a barrel a fair price, became accustomed to $120 per barrel oil extremely fast. They are very anxious to see prices hit those levels again.
The scary thing is how short peoples' memories are. Truck & SUV sales are rebounding right now because people can afford to drive them at the moment. But this moment won't last - don't fool yourself into buying a poor mileage vehicle because in two years, chances are you're going to wish you hadn't.
If by "interesting" you mean, "not related at all," then you are right. Come on. Supply and demand. Who is president or president-elect just doesn't matter at all, and it is disingenuous of you to imply otherwise.
Oil exec | 9:58 a.m. Nov. 13, 2008
Interesting that during an administration in bed with oil companies, the price of gas skyrockets. As he's going out and the president-elect, who is pro-alternative fuel sources, is about to take over the price comes falling back down. That's obviously a little too simplistic, but it is interesting."
Spoken like a true Obamaton. Of course there was no consideration given to the fact that the whole country is calling for more renewable energy sources (not just Democrats) and that the cry has gone out to drill for more oil (increase the supply) and that demand has dropped and so on...
The best solution is to make all cars electric or hydrogen fuel cell powered and build lots of nuclear plants to provide cheap and safe electricity (then, over time add more wind, solar, and geothermal power plants).
Can't credit him for one without blaming him for the others.
The middle east did not want a republican as president.
So they raise the prices before the primary election to hurt the US economy.
Then begin lowering when it looks like a democrat will win. And now afterwards.
The scary thing is the Middle east having so much influence in our country. And the liberal allowing it.
All the more reason for energy independence.
Bush's approval rating in the lowest in history at 22%. He won by 51%. You think you call call 29% of those who voted for Bush "Bush haters?"
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