How can gas prices be so low when our economy is failing?

The only thing president Bush can do right now is try to teach the American people a lesson.

He’ll do it out of self-delusion, that he is helping rather than hindering.

This is true of pretty much every act performed by humans that can be seen as negative in the eyes of the rest of humanity.

People never conciously hinder others.
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the reason the oil is getting low is because the market is so low oil price is based on market price when people are buying all the barrels it gts scarce and there for the price goes up when the market stinks no one is buying and a surplus occurs, supply and demand its simple economics.
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the gas is getting lower because the demand for gas is lower. It may sound crazy but with the economy being so bad, people are really trying to save their money and going out less.. people are using their whole tank of gas instead of topping off all the time.. The price of a barrel has gotten lower therefore gas will be cheaper and continue to get cheaper for abit still.
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Bush is not setting fuel prices.

The reason prices have dropped is that the price of crude oil has fallen in the market meltdown. It’s dropped to around $80 per barrel (it was $145 not too long ago) and the price you pay at the pump reflects this change.

The reason for the drop in crude prices, along with the general fall of the market, is that investors are expecting a lengthy recession. When people have less money, they buy less stuff and drive less, and the demand for fuel falls. This makes oil futures a less attractive investment and drives the price down.
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You really think spending money on foreign fuel is helping our economy? Man……
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Dwasafir K….that’s your answer right there! Perfect! Well stated!
Well done!

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