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 Post subject: do you believe that gas prices are being manipulated?
PostPosted: Thu Sep 28, 2006 7:50 am 
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in another forum, that is frequented by many people from europe and other countries, the question was asked if gasoline prices have dropped in their countries as well. everyone posted back they have not dropped at all.

so, if the world's price per barrel have gone down, why haven't other countries seen a price drop as we have in the US? it can only mean one of two things:

1. the other countries continue to tax their gas higher even as the price drops, thereby keeping it high.

or.....

2. the US has manipulated or rather have falsely lowered gasoline prices just for political purposes.

if i missed a reason please post.

the US denies playing any role in the drop of gasoline prices.


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PostPosted: Thu Sep 28, 2006 7:59 am 
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Knowing what we do about the Bush administration and its very cozy relationship with the oil companies, my vote is for political purpose manipulaton.

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PostPosted: Thu Sep 28, 2006 3:00 pm 
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this has been on other boards, and is gaining strength as a recent poll
shows 42% fo americans believe this.

please, i am flaming liberal, but....
i have a post up, as usual kind of long, as to why this is unlikley, if not impossible. in this case, the length is necessary in order to illuminate the industry as i understand it. in brief, oil is traded publicly and globally, and the dollar amounts are too vast for even a coalition os domestic oil companies to control on behalf of elections, or whatever.

i further argue that domestic oil companies have been somewhat beneficient in the past 12 mos, and that if we are to get angry about their profits, we need to look at the many bleak years they had in the last 15.

if you use the link, lots of pretty charts too..
http://garagejazz.blogspot.com/2006/09/why-i-do-not-believe-bushco-controls.html

i wish i could emonstrate that they were manipulating bastards in this case, but i cannot.

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PostPosted: Thu Sep 28, 2006 3:22 pm 
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thanks for the feedback, garagejazz


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