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Old 06-20-2012, 07:51 AM   #1 (permalink)
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Gas prices

Down to 3,19 here. Political effect?
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Old 06-20-2012, 07:53 AM   #2 (permalink)
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I don't think it matters all that much.
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Old 06-20-2012, 07:58 AM   #3 (permalink)
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exactly what "political effect" would cause it?
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Old 06-20-2012, 08:05 AM   #4 (permalink)
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Gas prices are falling because the dollar is rising. Enjoy it now because we are about to start the printing presses back up and sink the dollar back down.
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Old 06-20-2012, 08:29 AM   #5 (permalink)
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Originally Posted by Cartervol View Post
I don't think it matters all that much.

I tend to agree. I think its one of those things where, if they were still high, it would be an issue for the president, but coming down to current range people aren't paying much attention to it.

Obama can't say much because prices are still up 10-15 % and Romney could point that out. Romney can't be the one to complain because Obama can retort that they are trending down.
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Old 06-20-2012, 08:40 AM   #6 (permalink)
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Originally Posted by lawgator1 View Post
I tend to agree. I think its one of those things where, if they were still high, it would be an issue for the president, but coming down to current range people aren't paying much attention to it.

Obama can't say much because prices are still up 10-15 % and Romney could point that out. Romney can't be the one to complain because Obama can retort that they are trending down.
I think that's probably right. The only way gas prices are much of an issue is if they go super high like they were a couple of months ago ticking up over $4 or return back to the $2 range. Gas in the high 2s or low 3s pretty much takes that bullet away from both sides.
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Old 06-20-2012, 08:43 AM   #7 (permalink)
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Gas prices are falling because the dollar is rising. Enjoy it now because we are about to start the printing presses back up and sink the dollar back down.
+1
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Old 06-20-2012, 09:18 AM   #8 (permalink)
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Originally Posted by lawgator1 View Post
I tend to agree. I think its one of those things where, if they were still high, it would be an issue for the president, but coming down to current range people aren't paying much attention to it.

Obama can't say much because prices are still up 10-15 % and Romney could point that out. Romney can't be the one to complain because Obama can retort that they are trending down.
The high gas prices are just part of the problem. I think enough realize that so it's just not going to be all that big a deal.
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Old 06-20-2012, 11:16 AM   #9 (permalink)
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trap foiled
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Old 06-20-2012, 11:17 AM   #10 (permalink)
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anyone else get the feeling gas prices are about to go up given the OPs track record on predicting trends?
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Old 06-20-2012, 11:54 AM   #11 (permalink)
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I think that's probably right. The only way gas prices are much of an issue is if they go super high like they were a couple of months ago ticking up over $4 or return back to the $2 range. Gas in the high 2s or low 3s pretty much takes that bullet away from both sides.
That's pretty much the norm now. I doubt we will ever see $2.75 gas ever again. People are getting used to it now.
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Old 06-20-2012, 12:10 PM   #12 (permalink)
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That's pretty much the norm now. I doubt we will ever see $2.75 gas ever again. People are getting used to it now.
Gas in my hometown is $3.04, or was yesterday.

The local news is predicting gas to fall an additional 0.75 per gallon this summer.

I hope they are correct.
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Old 06-20-2012, 02:02 PM   #13 (permalink)
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Quote:
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anyone else get the feeling gas prices are about to go up given the OPs track record on predicting trends?
Quote:
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Gas in my hometown is $3.04, or was yesterday.

The local news is predicting gas to fall an additional 0.75 per gallon this summer.

I hope they are correct.

?
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Old 06-20-2012, 02:30 PM   #14 (permalink)
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anyone else get the feeling gas prices are about to go up given the OPs track record on predicting trends?
Seriously. Remember back at the end of April he was touting how well the market was doing? LG basically called the top on the market for the year

Evil Speculators have oil down another 4% today and its down 16% YTD
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Old 06-20-2012, 02:37 PM   #15 (permalink)
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Funny how those speculators are only bad when they move price up.
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