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Will gas prices go up after ellections?
Should I fill up my bathtub with 87 or wait a few weeks?
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One has nothing to do with the other.
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not unless the economy can cope with higher prices, which right now it can't
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If Obama gets elected it will double..
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Yes it will. why did oil go down in 2006 and right back up after the elections?
Because the oil lobby runs the republicans. |
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I dont know but with opec cutting back production who knows.
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Short answer yes.
Long answer no. |
obviously when we become a socialist country gas will just be paid by the government.
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Yep, but not because of the elections. The International Energy Agency report on the 12th isn't going to be good. Take the reprieve while you can, we can only do without so much. Now would be the time to get back onto oil stocks and have a second chance at the oil run you probably missed out on two years ago.
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no it will not because major factor of oil prices is the consumption in US. Right now its really down. And because of that oil went down from $147 to $65 in 2 months and dollar gained 25%. Because oil consumption is not likely to increase with the crisis out there I bet nothing is going to happen to the oil prices until next summer. But... the oil will run out in about 10 years.
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... I mean the oil at realistic price that is. You surely aren't going to pay $50/gallon in 2025
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