Can you believe the bullshit on NBC about lower gas prices??!!!

[cboy4]

Don't know if you saw it last night (Wed), but I just watched my TIVO recording of Nightly News and this Ann Thompson correspondent wanted us to believe that lower gas prices don't have anything to do with the upcoming election! :spray:

After Brian Williams suggested politics could playing a role:

Ann Thompson: "...NO THAT'S NOT TRUE...No major hurricanes to disrupt production in the Gulf of Mexico and plenty of supply are two reasons why gas prices are plummeting," (which is why the fear premium is evaporating.) Good one. :wtf:

She also mentioned the end of the war in Lebanon, and the repair of the busted oil pipeline in Alaska as factors as well!! .......................

.....................................BWAHAHAHAHAHAHA :rofl:

How friggen dumb do they think we are???

[VolcanoJen]

1. Same crap on CNN most of the week.

I think it was yesterday... Kyra Phillips or one of them was speaking to their Wall Street correspondent about gas prices.

"Could something like November politics be at play, here?" she asked.

"Ohhh, no, Kyra. Democrats might be trying to make some hay out of that discussion, but unfortunately for them, it's just not the case."

And that was the end of the discussion. No explanation of why that "was just not the case." She said it, I guess America listened, and all was good in the world.

:eyes:

[Imagevision]

10. The only reason the gas prices have dropped is because of the election!!!

Like they're really fooling someone.

[Imagevision]

11. Watch OPEC go bullshit with crude oil prices AFTER the election!

[Oeditpus Rex]

2. That would explain all those other times

there were no major hurricanes and gas prices plummeted. :eyes:

They don't think we're stupid, they hope we are. Their ratings depend on it.

[Fovea]

3. The fear premium is the reason

The Greedy Oil Party is scared shitless.

[VolcanoJen]

4. What does that mean, exactly, "fear premium"?

I think I know, but I'd like to be sure. Anyone?

[cboy4]

5. I'm with you.....I would have thought "fear premium" had more to do with

the this hysterical war on TERRA than gasoline prices!!!

[Fovea]

6. My understanding is the fear premium is the amount

the oil importers will jack the price by to ensure 'profitablity' in the face of possible supply disruptions.
As the supply drops to zero, the price reaches a limit that is, while not infinite, at least higher than the market will bear.

The rationale is that if the oil supply is curtailed, then the oil importer/refineries will not be able to produce a product.
Of course it is a crock of shit because this idea completely ignores the existence of the strategic oil reserve.

[Imagevision]

7. Ann Thompson like Bush thinke americans are stupid...

[oncall247]

8. A DU poster made a bet a few weeks ago about gasoline prices.

i can't find the post but the poster bet that gasoline prices would go down to $1.50 just before the elections and speed back up by mid-December.

[SmokingJacket]

12. I wouldn't be surprised if some "event" in the mideast triggers the rise

Maybe in late November something will happen with Iran, supply disrupted, Uh-oh! Up go prices, but it has nothing to do with the election!

[Fovea]

21. I think it will be an October event

and I spell 'event' I-R-A-N.

[mmonk]

9. Don't worry. The more they say it, the less credible they look.

Only people void of normal thought processes are unable to connect the dots.

[notadmblnd]

13. Oh and don't for get the "things with Iran have cooled down " one

that's another reason gas prices are plummeting.

[spanone]

14. The republicans play this nation like a fine fiddle.

I saw that too. It was a set-up question in my opinion. She had that answer ready for that question.

[Imagevision]

15. Dems win or lose, OPEC will go bullshit on crude oil after elections

it is business.

[jackstraw45]

16. General Electric has BILLIONS of dollars at stake in this election

We do NOT have an independent media in this country.

[Avalux]

17. lol - gas is still $2.42 here. Incredulous story on CNN:

Woman is seen clothes shopping, reporter talks to her; she's a common ordinary school teacher (whodathunkit!). She is elated gas prices are going down - now that she's saving gobs of money, she can go shopping! ARGHH!

:wtf:

[gatorboy]

18. How dumb do they think we are?

We'll find out in November....

[dback]

19. USA TODAY: 2 in 5 people think the Bushies are manipulating gas prices

One more person swings over to tin foil hat land, and that's a majority.

[and-justice-for-all]

20. Oh for fucks sake....anyone with half a brain knows that...

..falling Gas prices has EVERYTHING to do with the upcoming elections and I think its safe to say that no one on DU is falling for that Repuke shit...FUCK OPEC!