Is Anybody Else Thinking Gas Prices Will Come Down ......

[global1]

in an effort to provide damage control for this administration and get the poll numbers back up?

Do you think Rove is thinking if he could take away a sore point that we'll eventually stop carping about Katrina and NO and *'s poor performance.

[Fire Walk With Me]

1. Don't forget that someone in the States profits from the US reserve sales

at near $3.00 a gallon. This seems more of an opportunity than a relief for US citizens.

[Fovea]

2. sure, until we run out of strategic reserve

then, watch your ass.

[evlbstrd]

3. Gas prices dropped in my area since Friday.

But state attornies general, including mine, had also announced that they were looking into charges of price gouging. And some of the Gulf Coast pumping capacity came back online.
I'd call it a combination of factors.

[Skink]

4. Labor day has passed, traditionally prices come down.

The 2 dollar phychological price point is now also a thing of the past. 2.25 will seem cheap.

[tritsofme]

5. It will come down, but for other reasons.

With our SPR opened up, and much refined gasoline and crude coming from Europe the market will be flooded with unleaded gasoline and crude oil in the next few weeks.

EPA fuel standards have been relaxed, many states are allowing the winter fuel blend to be released early.

The summer driving season is also over.

However this still doesn't alleviate our refinery problems.

I wouldn't be surprised to see gas come back to $2.20-$2.30/gallon in the next month or so.

[gokar]

6. Gas prices are lower now at $3.00/gallon than in 1979-80

on inflation adjusted basis. But 1980 was an artificial high price
due to controls imposed by the federal government. So I expect oil
and gas prices both will be down by November 2005.

[Lugnut]

9. On an inflation adjusted basis

Wages haven't. What's your point?

[gokar]

7. The REAL key to lower gas prices is building more refinery's.

No new refinery's have been built in the USA for 30 years. The
existing are operating at overload capacity, breakdown often,
causing constant spikes in gas prices. Problem is no one wants to
build a new refinery because of high costs due to environmental
regulations makes it unprofitable.

Why can't the government build a few? That would be better use of
tas payer dollars than sending man to mars.

[nookiemonster]

8. Baaah. Another RW talking point, ala Rush.

If that's true, then why is crude at an all time high??

Hello??

[Demobrat]

10. Yes, gas prices will come down.

At least until the talking points hit the media faxes and they start reporting on how beaufifully the cleanup is going, complete with interviews with happy evacuees gushing about how wonderfully they are being taken care of.

The bush administration can't afford a perfect storm, which is exactly what the confluence of NO, Iraq, Fitzgeralds looming findings re Plame, and sky-high gas prices would cause.

Americans who are not directly affected may forgive the first three. But not in conjunction with the fourth.