Tuesday, June 10, 2008

Gas Prices Down By Election Date

I was tracking this - not detailed notes; just scribbles. But, in mid-2006, my friend Nate (who had convinced me to buy a Prius) and I were speculating that the Oil Companies would drop gas prices before the 2006 Congressional Elections. Why? Well, a Republican Congress is good for Big Oil. (Why? Tax breaks! Doh!).

The Oil Companies knew that if the Average Joe was PO'd enough about high gasoline prices in late 2006, he might want a CHANGE in Washington. So, they dropped gasoline from about $3.00/gal on August 7, 2006, to about $2.18 by November's Election Day. Well, two things: one - it didn't work (Joe was still really PO'd and the Republicans lost seats, though not so many), and, two - prices went back up within months.

How come people didn't spot this manipulation for political gain? The "Analysts" said "Summer driving was over, and supplies had stablized against demand."

By May of 2007, gas was $3.20/gal nationally - Summer driving hadn't even started up yet.

Download a spreadsheet here: Gasoline Prices.

Wanna see 'em do that again? Just watch: gas prices down by November, back up before Winter's over. (What? You want them to trick this up over night? Even they can't pull that off.)

So, my Friends, you have a choice - vote with Big Oil, or, Vote for a Change.

JT

No comments: