flacoinohio profile image 84

What do you think about oil companies lowering the price of gas just before a Presidential election?


There was a small statement made by Mitt Romney about the price of gasoline being $4.00 a gallon during the second Presidential debate last evening. The price of gas in our area dropped 20 cents overnight, prompting my wife to send me a text message to buy fuel for the cars and mowers. Every four years the oil companies lower the price of gas for two to three weeks prior to the election, they have done so for the past four Presidential elections. Could oil companies be lowering prices to cause voters to forget about oil companies when going to the voting booth?

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everythingdazzles profile image80

Janelle (everythingdazzles) says

4 years ago
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Rock_nj profile image90

John Coviello (Rock_nj) says

4 years ago
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  • flacoinohio profile image

    flacoinohio 4 years ago

    So you are saying that every four years for a few weeks before election day competition between wholesale and retail gas suppliers suddenly decreases until about a week after election day? That is a wonderful coincidence.


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AJReissig profile image83

Alex J. Reissig (AJReissig) says

4 years ago
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lone77star profile image91

Rod Martin Jr (lone77star) says

4 years ago
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  • Larry Wall 4 years ago

    Antitrust laws prohibit gasoline companies from coming to decisions on prices. As a former employee of an oil and gas trade association, I have seem people scramble out of rooms, if someone mentioned prices or how much fuel was available.

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traviswademiller says

4 years ago
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Larry Wall says

4 years ago
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