Its election time, that's why the prices are dropping. Once they are over, the prices will go back up
Its election time, that's why the prices are dropping. Once they are over, the prices will go back up
That seems unlikely given that gas prices leading up to the 2012 presidential election were doing the opposite of what they are doing now, peaking a little over a week before final voting on Nov 6th and then dropping to a 12-month low mid-december.
And of course....
Fox "news" has done a 180... in their "fair and balanced " way !!!
From blaming POTUS for high gas prices...hurting everyone.
Now blaming POTUS for low prices that....hurt the economy.
jo
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Cheap energy is here to stay for awhile. Nothing to do with POTUS or election. Shale gas production is a huge factor. Producing more oil than needed in the world. Efficiency increasing everywhere. Many other factors at play. US to be largest energy producer by 2017 outpacing Russia with gas in 2015 and outpacing Saudi Arabia with oil by 2017.