Has anyone noticed the price of gas increased the day after the Presidential Election?
The price of gasoline decreased for almost two weeks prior to the Presidential Election. The price of gasoline immediately increased a few hours after the election results were announced. I'mn my area the price of fuel increased .40 cents overnight. I believe the price of fuel is deliberately decreased by fuel companies to remove the issue of overpriced fuel from people's mind when they are going to the polls to vote. The almost immediate price increase of gasoline helps to explain my opinion.
The price of gas did not move at all in my area, and we have 2 hours lines for a new tank.
Are you in an area affected by Hurricane Sandy? If you are, I believe the businesses in the area must freeze prices to prevent price gouging. I hope you and your family are well. We are fortunate to not have been impacted by the storm in my area.
Yes, but prices are not frozen. Just a lot of long lines. Expect the price of gas to decline as the recession begins in early 2013 as demand slows
Yes, and stocks took a dive. I hope my friend's prediction of the end of the US is wrong.
No, but then again I haven't bought any gasoline since the election.
The price of gasoline in my area, Baton Rouge, LA has been going down for the most part. One station near my home is selling it for $3.07 per gallon. Another station is charging $3.35. The higher price gasoline is sold at a station that has a recognized brand and is located at an intersection with a traffic light which facilitates entering and leaving--and it serves better coffee.
The lower price station is in the middle of the block of a major street and therefore most of its business comes only from people traveling in that direction. It is not a name brand station and because of its location it is harder to enter and exit.
Those are just some of the variables that impact the price of gasoline, over which the President has absolutely no control. This is a case of providing the consumer a choice. Some buy the cheaper gasoline, which is more inconvenient. Others are willing to pay for the convenience regarding the ease of entering and leaving the station.
We have one station that is the only station within a three mile or more range of a very affluent subdivision. It usually has the highest price gas in town and the people in the affluent subdivision, continue to buy gas there because it is convenient.
I am not blaming the president, oil companies have lowered the prices of gasoline prior to every election since 2003 and as soon as the election is over the gas prices go right back to where they were before. Maybe because my state is a swing state.
by flacoinohio5 years ago
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...
by Doug Hughes6 years ago
This time four years ago, there was a host of candidates on both sides declared as candidates for President.It's not hard to understand why democrats are closing ranks behind a popular president, but the reluctance of...
by flacoinohio5 years ago
Why is it that gas and oil prices can be speculated and have an almost instant price change?I was at a Speedway gasoline station this morning and and while I was waiting in line, the manager was telling everyone in her...
by Rachel Woodruff5 years ago
If the election was held tomorrow would you vote for Obama, or anyone else, and why?Television news outlets always like to ask the question if the election was held tomorrow, would voters reelect the current President...
by Brian6 years ago
This may not be news to a whole lot of people, but, I am getting sick of this. Why isn't the Government doing anything about it, especially when they know that it is killing our economy? Not, to mention that we are...
by ptosis6 years ago
Are you planning on hoarding on gasoline before the prices go up even further?Volatility in gasoline prices: Give your prediction of peak gasoline prices for March 2011Last week I filled up tank @ $3.12 and in 7 days...
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.