on local morning news: "gas prices dropping because M.E. more stable"

[Lerkfish]

the local waxheaded anchor said "gas prices are lower now because EXPERTS SAY oil prices are lower BECAUSE the middle east is more stable"

this is the new right wing talking point, I suppose. They are arbitrarily lowering prices before the election through collusion with the gas companies and tying that to a "successful" middle east policy.

I"m curious though how a record number of Iraqi deaths and US service deaths, civil war and massive unrest in not only Afghanistan and Iraq, but Lebanon, Isreal and Palestine, including threatening Iran can be considered by ANYONE to be "more stable"

[bryant69]

1. Because Israel and Lebenon are not actually fighting each other

Right now - that ceasefire, while having been bent a couple of times (by Israel) has held.

That's what they are talking about.

Bryant
Check it out --> http://politicalcomment.blogspot.com

[treestar]

3. Which has nothing to do with the rise in gas prices, which started

before that conflict.

Of course don't expect anyone in Dumbfuckistan to remember and realize that.

The last rise began with the Katrina Excuse, because the refineries were out of commission. I'm trying to figure out what the prices were then, figuring they are somewhat below what they next settle to.

I've seen it happen time and time again since the 70s. Every raise in prices is a result of cleverly taking advantage of some news story, then raising them a lot and then lowering them to a point well above what they were before the rise.

[WePurrsevere]

12. Monthly average national gas prices...

For an indepth look from Jan. 2000 through Aug. 2006: http://tonto.eia.doe.gov/oog/info/gdu/gaspump.html

For a quick look ("Katrina Spike" note added by me):


You what said in your last sentence about "raising them a lot and then lowering the to a point well above what they were before the rise" is something I've comment4ed about before. It's a mind game that they play that my husband and I have come to call the "it's only" factor.

[treestar]

13. Thank you, that is interesting. Yeah, it's only $2.25 now, how

wonderful that it's not $3.05 like it was. Then just watch it settle at about $2.75 or so after the election.

[ClintonTyree]

4. But they weren't fighting.........

before the run up of oil prices either. The oil boom happened well before the Israeli/Lebanon conflict (well, before the official one, anyway). :shrug: Has everyone forgotten that already?

Edit: Looks like we're on the same wave-length treestar! ;)

[bryant69]

10. Well that's not the only reason offered

Any attempt to explain this in such a way that doesn't begin and end with "Oil Companies did it" i know won't fly. But here is the explanation I have heard.

They have been overproducing because prices were high, the middle east cooled down, the hurricaine season has (thus far) not been as bad as it was supposed to be, and they found a major strike in the gulf. So when severl reasons to keep prices high failed to stick around, the overproduction drove prices down.

Bryant

[hobbit709]

2. They're telling that

to that percentage of the population that won't think, can't think and wouldn't know how to think even when their lives depend on it. Our problem here at DU is that we're that part of the population that DOES think and that makes us suspect by the idiots and their controllers.

[bullimiami]

5. that is so obviously bullshit you have to just laugh.

[mrcheerful]

6. Didn't you hear? Exxon "found" an oil reserve in the Gulf of Mexico

that is soooooooo large that it will decrease our dependence on ME oil by 50% so thats why oil is coming down. Wink Wink. Just in time to help the pukes gain seats.

[acmavm]

7. What are the dipshits and dumbasses who believe this stuff

going to do after November when the price of gas and ALL crude products shoots to the Moon? What will their frigging story be then? What excuse will they give for their obscene gullibility and ignorace? I don't mean the talking heads in the media. They won't bother to explain, they already know this is a set up. I mean the fools who let the lies and liars determine how they vote.

[Lerkfish]

8. they'll blame the democrats, the peace activists and those against torture

of course.

[leveymg]

9. Apparently, the U.S. oil industry doesn't believe we're going to bomb Iran

One hand behind this Administration seems to be taking the political mojo away from the other.

Schizophrenic puppet show.

[notadmblnd]

11. so then, why are they sending half the naval fleet to the persian gulf

and talking about attacking Iran in October it it has become so stable?

[Javaman]

14. Bwahahahahaha!!!!

>whipes tear from eye< hooo haaaa, damn those media morons are a riot. In their short term memory recall, they seem to have forgotten that prices were going up prior to Israel and Lebanon war. But you know, that doesn't matter in the world of the stupid, only making sure our fearless leader* looks good.