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Author Topic: Gas prices 30 days after the election
Sara at home
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We all noticed and many of us discussed the drop in gas prices which started a few months before the election. Here we are, 30 days later. Where are your gas prices?

Around here, prices were at their lowest the week before the election. Immediately after the election, if not election day, they started to rise. I paid $2.05 the weekend before the elections. Prices at the same station are $2.29 today. In fact, I don't believe I have ever seen so much unity in prices throughout the county and across brands. That's a rise of 8/10th of a cent a day.

I, for one, am shocked. Shocked, I tell you.

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Cervus
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It's about $2.29 for unleaded on my side of town, but everywhere else in town it's $2.35 or $2.40. Prices at my nearest station were around $2.19 before Thanksgiving - then Thanksgiving morning, they went up to $2.29 and stayed there.

One Saturday morning a few weeks back, two stations on this side of town had gas priced at $1.99 and $1.95, respectively. Later that afternoon they upped it back to the $2.19 mark. But the section where I live seems to have lower gas prices than everywhere else nearby.

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vfwchick
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Our prices are right in,line with yours, Sara. 2.29 today, who knows tomorrow?

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Mr. Furious
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I think it has more to do with the Thanksgiving and Christmas holiday driving seasons than with the elections. Prices magically went up just in time for Turkey Day, and instead of going down and then up again for Christmas, they're just staying up.

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Sara at home
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I didn't notice any price jump at Thanksgiving, just another increase to go along with all the others that had happened throughout November. Around here, as I said, prices started going up either election day or the day after.

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AdmiralDinty
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I just paid $2.29 myself. I would have guessed that the price jump would be caused by the greater use of home heating fuels.

But, I'm pretty jaded myself, so I'll blame it on politicians too.

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ghijkmnop
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Keep in mind that OPEC has cut production three times in the last month in order to keep crude at around $60/barrel

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Damian
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Also keep in mind that the price in Melbourne today equates to $US3.58 / gallon. Stop whining.

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Ms. Kringle
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$2.25/gallon here in So. California.

Not horrible. It was worse this summer.

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Sara at home
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quote:
Originally posted by Damian:
Also keep in mind that the price in Melbourne today equates to $US3.58 / gallon. Stop whining.

That's totally irrelevant and I'm not whining. The issue isn't the price but the change in price and the timing surrounding the prices hitting their lowest point.

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El Camino
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I suspect it is a mere coincidence. Gas prices always rise as the cold winter months arrive, increasing the demand for fuel to heat homes.
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Eddylizard
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Meh. A whinging pom advises unleaded is the equivalent of $6.41 per US gallon here.

T'would look worse if the dollar wasn't so weak against sterling at the moment.

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Mickey Blue
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quote:
Also keep in mind that the price in Melbourne today equates to $US3.58 / gallon. Stop whining.
Thats just cause of all the gas your gravity generators use trying to keep you all from falling off the planet...

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keokuk
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It also conveniently coincides with dropping temperatures and increased travel around the holidays.

That said, I have no idea what gas prices are around here. I haven't had a car since before Katrina.

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Mr. Furious
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quote:
Originally posted by Sara Claus at home:
I didn't notice any price jump at Thanksgiving, just another increase to go along with all the others that had happened throughout November. Around here, as I said, prices started going up either election day or the day after.

http://www.durhamgasprices.com/retail_price_chart.aspx

Here are the prices for Durham. A nice spike at the beginning of the pre-holiday weekend (11/24), as well as a dandy (and persistent) one right after Thanksgiving.

Like I said, not surprising. It jibes with a similar increase last November. If precedent holds, they'll drop again around the beginning of March.

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Pixiechic
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The cheapest gas around here is $2.29/gallon but that is only at one station. Most places it's $2.37/gallon. I'm just thankful it's under $3.00/gallon.

Pixiechic

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Damian
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quote:
Originally posted by Sara Claus at home:
quote:
Originally posted by Damian:
Also keep in mind that the price in Melbourne today equates to $US3.58 / gallon. Stop whining.

That's totally irrelevant and I'm not whining. The issue isn't the price but the change in price and the timing surrounding the prices hitting their lowest point.
It is relevant. World oil prices rise and fall due to market forces. Elections in America and other large countries have an effect on the world economy, so it's hardly surprising that oil prices are effected. Or are you suggesting that GWB deliberately held the price of oil down until after the election?

Prices here go up and down by anything up to 20c per litre in a week. That's 60c per gallon in your money. And that's a normal week. Over Christmas it will rise even further. [Eek!]


BTW - our gravity generators are solar powered.

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Sara at home
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No, the price of gas in Melbourne isn't relevant. If you want to discuss the change in the price of gas in Melbourne in the period I am attempting to discuss, jump in.

Of course I'm not suggesting that Bush held the price of oil down. He doesn't have that power. However, many of us assume that the unnamed people (or their replacements) who met with Dick Cheney (who fought so hard to keep their names a secret) to develop the country's oil policies are the same people who have the power to control oil prices in this country.

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mags
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Well, we got gas for $2.06 here today. It is the cheapest I've seen it for some time. Last we bought (probably a couple weeks ago) it seems to have been around $2.20.

If unnamed people did have the ability to keep gas prices down, and Dick Cheney was involved, I'm sure he'd just keep the prices down till 2008, it would make him a shoo-in for president. You know, if he wanted that position.

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Damian
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Sara, your Americentric anti-GWB bias is showing. You seem to be looking for conspiracies that don't exist. This will hopefully help you understand how world oil prices work.


BTW - the price of oil in America is directly responsible for the price in most parts of the world, seeing that y'all use so much. Your winter creates such a huge demand that it drives up the price everywhere.

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Sara at home
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quote:
Originally posted by Damian:
Sara, your Americentric anti-GWB bias is showing. You seem to be looking for conspiracies that don't exist. This will hopefully help you understand how world oil prices work.

What?? Horrors!!! My anti-Bush bias is showing!!!

So is the bright red sweater I'm wearing. It's no secret I think these people running our government are the most corrupt money hungry lying sons of bitches ever to hold the White House in my lifetime. What's your point?

Call me Americentric if you wish but the topic I posted about is still the fact that where I live gas prices were at their lowest the weekend before Tuesday, November 7th, our last election, and started to rise immediately after. I am still curious if anyone else noticed the same thing. While there is a traditional flucuation of prices in November, this year the lowest point and the rise came a number of weeks earlier than usual, coincidently at the very same time as our election.

Why are you even suggesting that the people who secretly helped write our failed but for them profitable energy program might not have an interest in trying to keep the control of our government in the hands of those who allowed them to help write the policies which affect them and their profits? Are you that naive that you can't even entertain the idea and are willing to dismiss it out-of-hand without even finding out it's a local or national pattern that I observed?

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Damian
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quote:
Originally posted by Sara Claus at home:
[QUOTE]Originally posted by Damian:
[qb]...the fact that where I live gas prices were at their lowest the weekend before Tuesday, November 7th, our last election, and started to rise immediately after.

Post hoc, ergo propter hoc ?


quote:
Are you that naive that you can't even entertain the idea and are willing to dismiss it out-of-hand without even finding out it's a local or national pattern that I observed?
I am not so naive that I did not notice that oil prices world wide have fallen quite considerably over the past 12 months. As you pointed out, prices in America rise in November, with the onset of colder weather. The elections were held in.....wait for it.....November. Shock, horror and post hoc, ergo propter hoc.

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Echinodermata Q. Taft
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Locally, the cheapest I've seen for the past couple of weeks is about $2.37. Down somewhat from the peak last summer, but higher than before the election. Fairly steady for the past couple of weeks.

To be fair, though, I believe they started rising again a week or so before the election.

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Archie2K
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Prices here have fallen from around 94.9/litre to about 83.9/litre. They have stabilised or perhaps gone up a penny in the past month, I presume due to OPEC cutting production (why?!!).

Site explaining petrol prices, with the most important thing to note being that US fuel is very lightly taxed. Any change in crude oil prices will go straight to the pumps. Other countries with higher levels of taxation have more leverage. When I was there I recall seeing that gas prices had risen something like 90% since 2002. No economy can sustain such a rise in the price of a basic raw material. Here I would guess the price rise was about 30% during the same period. Having very light taxation actually means that Bush and co have less control over gas prices than the Treasury do here.

All thanks to the fuel tax escalator, nice friendly green legislation, introduced by the evil Conservatives in 1993. [Big Grin]

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Sara at home
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quote:
Originally posted by Damian:
quote:
Originally posted by Sara Claus at home:
quote:
Originally posted by Damian:
...the fact that where I live gas prices were at their lowest the weekend before Tuesday, November 7th, our last election, and started to rise immediately after.

Post hoc, ergo propter hoc ?

I'm incredibly impressed. **yawn** But I took Latin well over 40 years ago, I'm dyslexic and have enough trouble with English. You cleverness is lost on me.


quote:
Are you that naive that you can't even entertain the idea and are willing to dismiss it out-of-hand without even finding out it's a local or national pattern that I observed?
I am not so naive that I did not notice that oil prices world wide have fallen quite considerably over the past 12 months. As you pointed out, prices in America rise in November, with the onset of colder weather. The elections were held in.....wait for it.....November. Shock, horror and post hoc, ergo propter hoc.

And you continue to disregard my purpose for the thread was to ask other Americans if the same pattern -- lowest pices exactly on election day -- was a local phenomenon or if it occurred where they live. Why are you taking hits on me for it?

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keokuk
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quote:
Originally posted by Sara Claus at home:
I'm incredibly impressed. **yawn** But I took Latin well over 40 years ago, I'm dyslexic and have enough trouble with English. You cleverness is lost on me.

It's a type of logical fallacy. It roughly translates to "After this, therefore because of this." Fancy way of saying that correlation and causation are not one in the same.
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Sara at home
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quote:
Originally posted by keokuk:
quote:
Originally posted by Sara Claus at home:
I'm incredibly impressed. **yawn** But I took Latin well over 40 years ago, I'm dyslexic and have enough trouble with English. You cleverness is lost on me.

It's a type of logical fallacy. It roughly translates to "After this, therefore because of this." Fancy way of saying that correlation and causation are not one in the same.
LOL How ironic. I'm the one usually pointing out that correlation and causation are not the same. Of course, damian has completely missed the point that though I am obviously trying to find information to support my biased belief that the administration's friends who control the oil industry skewed prices this year to provide whatever help they could in the elections, I have opened it to discussion, not simply asserted (though sarcastically implied) that's what happened.

He has dismissed what I have put forth simply by calling me Americentric and a Bush Hater. Talk about correlation not being causation...

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Wintermute
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Sara, all this proves is that the democrats are already screwing up the economy. The problem is you are seeing what you want, and I am pointing out the obvious truth [Smile]
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Elwood
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$2.399 to $2.479 per gallon here, depending on where you look. I did get it for $2.299 last week though, just barely in early morning as the station was preparing to change it for the day and I just beat their deadline.

I don't think any politicians or businesses have the means to time price changes with an election, or to affect prices on a particular schedule, though. There are two many variables that take too long to trend.

Bonus question, what the heck happened with Diesel? It used to be the cheap option!

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Archie2K
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Diesel is more expensive here too. I figured it was a supply and demand thing. People bought more diesel cars and so the demand went up and hence the price.

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BringTheNoise
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quote:
Originally posted by Archie2K:


All thanks to the fuel tax escalator, nice friendly green legislation, introduced by the evil Conservatives in 1993. [Big Grin]

Which is no longer in force. I believe it was "suspended" after the fuel protests (in 2002?). Although Gordon Brown did increase duty yesterday.

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Archie2K
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As usual. The Conservative start a good thing and Labour ruins it.

The fuel tax escalator was abandoned in 2000 after the blockades, but of courseother events have pushed prices up further since then.

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Roadie
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Sara, you can investigate trends locally and nationwide at www.gasbuddy.com

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Sara at home
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quote:
Originally posted by Wintermute:
Sara, all this proves is that the democrats are already screwing up the economy. The problem is you are seeing what you want, and I am pointing out the obvious truth [Smile]

What? I can't read those big signs at the gas stations? Or I just lie? Wanna see my credit card slips?

Man, some of you are so in denial that you can't even deal with a question about whether or not gas prices changed in a month. Can the only explanation for my asking the question be my Bush Hating bias and Americentrism even though those things have nothing to do with my question? Truth is, I hate the oil companies. If the prices were manipulated, it would be the oil companis that did it, not Bush & Co.

**sheesh** If you guys would get out of the defense mode and read the posts you would discover that my experiencs seems to be somewhat unique in the exact timing.

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El Camino
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Legitimate question: Why do you hate the oil companies?

quote:
Originally posted by Sara at Home:
If you guys would get out of the defense mode and read the posts you would discover that my experiencs seems to be somewhat unique in the exact timing.

Actually, it seems pretty close, according to gasbuddy.com, it seems that the nationwide average bottomed out at around November 5th. You can check it out here.
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