The Price of Gasoline

Off topic for this blog, but it's the talk on the street:

In my neck of the woods gas prices have gone down a lot in the last few weeks, as they have apparently gone down all over the country. Now, has the US oil supply significantly increased, demand significantly decreased, or is it another election year?

If the supply has increased, who increased it and why? If it was done for political purposes (as it apparently was in 2004), will we be fooled again?

Comments

  1. Can't be sure, but it is awfully suspecious; especially when BP said they had to shut down the Alaska pipeline. Wasn't that supposed to make prices sky rocket?

    Hmmmmm...

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