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The Scuppers This is a new forum for the not necessarily fishing related topics...

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Old 07-06-2012, 12:50 PM   #1
Saltheart
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Will gas prices plummet leading up to the Nov 2012 election?

Gas prices dropped off a cliff leading up to the 2008 election. They dropped about $2.50 a gallon to $1.65 a gallon.. Now we are on a run of falling gas prices. Will they continue to drop through the Nov election?

Gas Price Historical Price Charts - GasBuddy.com

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Old 07-06-2012, 02:22 PM   #2
Raider Ronnie
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My neighbor is a big wig with an environmental clean up company and told me the other day Exxon -Mobil tied up a lot on billions for a new refinery in Texas and there is some major problem that will force them to shut it down @ if anything expect prices to rise instead of drop.
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Old 07-06-2012, 03:14 PM   #3
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My take is Yes. Saudis like the curent administration and have been ramping up production and worldwide demand is down. Now it all hinges on US refinery capacity...

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