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Meanwhile the cost of gas is skyrocketing! It's up to $3.19 and more here!

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lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 08:07 AM
Original message
Meanwhile the cost of gas is skyrocketing! It's up to $3.19 and more here!
In the Bay Area.
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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 08:10 AM
Response to Original message
1. $3.29 here on eastern LI. But we get hosed all the time.
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HillbillyBob Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 08:12 AM
Response to Original message
2. But doesn't the Bay area have a good transit?
I know they never go everywhere you need to in a timely fashion.
Where I live there is no public transport at least for generally able folks there is some special transport that I could take to dr at Durham(45miles) but I use up a whole day for one apt. Partner works 55 miles away, it was about 40, but the office moved.
There used to be some train service but not anymore.
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Liberal_Stalwart71 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 08:17 AM
Response to Original message
3. Going up to affect the elections? Read: The Political Control of the Economy....
by Ed Tufte who surmised that political parties are punished as the economy declines. He analyzes gas prices overtime and found that fluctuations of gas/oil prices correlate with control of government. He concludes that gas prices increase around election time to influence electoral outcomes. After the elections, prices stabilize or go down.
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democrat_patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 09:23 AM
Response to Reply #3
6. Absolutely.

Check the prices when "W" was running for re-election. $2 - 4 months later $3.

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zipplewrath Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 08:24 AM
Response to Original message
4. Unfortunately, it's still "low"
The price of gas is really low right now. I understand it doesn't feel that way. But if and when the economy starts to come back again in a significant way (like with real jobs and everything) the price will start to climb. Oil "should" be much closer to $100 a barrel. The current economic down turn is keeping the price down. And if China ever allows its currency to rise to a more realistic level, look out. Gas and oil will look "cheap" to them and then the price will really climb.
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 08:33 AM
Response to Original message
5. Ours went down from $2.72 to $2.69 yesterday.
It was up for a few days from $2.59. Just long enough for me to fill my tank. Iowa
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sufrommich Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 09:25 AM
Response to Original message
7. Wow! It's $2.79 where I live. nt
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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 09:27 AM
Response to Original message
8. Simple, oil companies know if they raise the price of gas voters will blame those in office
Another trick is to raise it far enough ahead of the election so those in charge can be perceived as bringing it down - which was what they tried back during the summer a few years back.

Oil Companies want republicans to win so easiest and most profitable way they can help is increasing gas prices.
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regnaD kciN Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 09:35 AM
Response to Reply #8
9. Yep -- maybe you've noticed...
...that, when Republicans are in power, gas prices suddenly decline a couple of months before the election. When Democrats are in power, they go up. Odd phenomenon, that. :eyes:

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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 10:49 AM
Response to Reply #8
15. Sigh. Oil companies have no control over the price of gas. n/t
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Gold Metal Flake Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 09:35 AM
Response to Original message
10. Remember when it went to $4.50? For no reason at all?
They do it because they can. Think the French would put up with that? Did we protest? Block refinery roadways? No.
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lame54 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 09:35 AM
Response to Original message
11. Must be an election coming up
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 09:44 AM
Response to Original message
12. Ours has gone up $0.30 a gallon in the last two weeks.
Edited on Fri Oct-22-10 09:44 AM by ThomWV
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 10:32 AM
Response to Reply #12
13. Same here in Austin...
they are switching over to the "winter blends" don't you know... :eyes:
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ProfessorGAC Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-10 10:47 AM
Response to Original message
14. I'm Ini Atlanta This Week
It went down 2 cents since i've been here.

Weird.
GAC
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