<p>Thank you Bush for allowing the free market to do the job and resist calls for artificial controls, etc.</p>
<p><a href=“http://www.usatoday.com/money/industries/energy/2006-09-11-gas-prices_x.htm[/url]”>http://www.usatoday.com/money/industries/energy/2006-09-11-gas-prices_x.htm</a></p>
<p>Now if we can just delay primaries and push back elections, we can maintain lower fuel prices indefinately… 
</p>
<p>Timing is really a funny thing isn’t it. The possibility of a legislative change and possible future hearings on energy with a different political base power makes the drop a bit questionable… but hey, I’ll still fill my tank.</p>
<p>The only question I have is what’s different than a month ago… that’s better, that has increased supply and reduced demand? </p>
<p>It is funny that a fuel price drop was predicted around election time much eariler this year. Somebody’s forecast was spot on. Now let’s keep moving primaries off until gas is back down to a $1 a gallon. :)</p>
<p>“Thank you Bush for allowing the free market to do the job”</p>
<p>That’s hilarious. Just like his immigration policy. Free market my a–.</p>
<p>Speculation works both ways and always overshoots the target. Now the speculators are more on the fear side than on the greed side and dumping positions much like in some of the home markets that got overbought by speculators. Most analysts pegged the longterm price of oil around $55-$60. A mild storm season helped too. A mild winter would REALLY help.</p>
<p>And the Democrats immigration policy is ??? But let’s try to stay on topic for more than 30 seconds before commencing obfuscation.</p>
<p>I dunno, I think the possibility of anti-trust hearings and fines or jail time have alot more influence. Usually fear and greed go hand in hand. Fear has raised prices and greed has kept demand high for some time. The margins are perfect right now. BP is having to explain why they weren’t maintaining their Alaska pipelines, leaving critical positions unfilled for more than a year. They don’t own the land, they lease the rights. They may have forfeited those rights by their inactions… just depends on what party wins in Nov. </p>
<p>It’s funny, but If I were Ted Stevens (R-Alaska) I’d be pretty ****ed off. Ted has dedicated his life to enriching oil companies who inturn enrich Alaskan citizens with drilling checks, who inturn vote for Ted. Now with the checks potentially being cut by 2/3’s big oil has screwed Ted over. They better make nice now as Ted is one nasty senator.</p>
<p>“Plummet” ?? Yeah, all the way to the $3.15/gallon I paid for premium yesterday.</p>
<p>It’s just Goldman-Sachs (and my pension fund) taking some profits out of their oil futures. They’ll buy 'em back with a week.</p>
<p>Conservative here, Ted Stevens is not one of us. You guys can have the idiot. Thanks.</p>
<p>We’re still at $3.67, for the cheap stuff.</p>
<p>You should move to Iowa. Just over $2.00. </p>
<p><a href=“Yahoo Finance - Stock Market Live, Quotes, Business & Finance News”>Yahoo Finance - Stock Market Live, Quotes, Business & Finance News;
<p>Allmusic: Do you live in California?</p>
<p>Ted’s the one who refused to have the oil execs testify under oath last year. Cantwell asked for it and he declined and later tried the ole revenge for public embarassment by trying to get supertankers access to puget sound again. Helping Washington have it’s own exxon valdez experience. That’ll teach us darn Washingtonians. I was unsure about 1st termer Cantwell until then, standing up to Ted isn’t the easy thing to do. </p>
<p>Ted’s kinda a crazy old coot, but until recently put money in every Alaskan’s pockets with his efforts. Now that the money flow is disrupted will he fare so well or be so considerate of oil executives. I’m sure they’ll be sworn in when they discuss why they failed at regular maintence of the oilfields and pipelines.</p>
<p>dmd77–you can pay for it with the 11% your house has gone up this year. In Tacoma it’s down below $3 for premium already. The eastside will get there.</p>
<p>Nope…Boston</p>
<p>AM you really need to do some comparison shopping (or pay attention to what you actually are paying). According to this: <a href=“[ Gas Prices - Find Cheap Gas Prices in [, Massachusetts”>http://www.bostongasprices.com/</a>
gas prices in the Boston area are about 2.37 at many stations. Of course the highest priced stations are in the 2.80 - 2.90 range - but nothing even remotely near 3.67.</p>
<p>Maybe the poster requires full service. Or a good rant.</p>
<p>Prices generally drop after Labour Day - which seemed to happen. Personally, I do think that enough people started making long-term changes (buying hybrids, smaller cars, fewer SUVs) that Big Oil realised that it could not sustain those prices.</p>
<p>The disparity in the cost of gas, though, is pretty astonishing - about $1 more in Cali than in the rest of the country. $0.50 I understand, but not $1.</p>
<p>barrons: I “changed the subject” because your crediting some Bush administration free market policy is just laughable. Many factors influence gas prices; a free market is one of the most minor, and gas consumption is slow to respond to consumer change anyway.</p>
<p>I brought up immigration as an example of one of the many faux-conservative policies of Bush’s. What is “free market” about supplying illegal workers whose wages undercut the American labor marketplace? Why would he undermine that supply and demand balance by offering amnesty? Hmmm. I wonder…</p>
<p>Shall we round them all up and cart them back? What about their US born children? This problem has been many years in the making and no admin has had a solution. I saw dozens of Mexicans standing along Home Depot in the Clinton years as I do today. The facts are many of the jobs they do starting out are very unappealing to US workers. You gonna move rocks all day for $8 an hour? Or pick fruit in the hot sun? As Mini has said several times, the ag jobs in Washington do not attract many unemployed locals. </p>
<p>Yes many things drive the oil market and not f<em>&</em>%^@ with it is one major item. Going quickly to price controls etc as some Dems wanted would have been the worst choice.</p>