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The great gasoline conspiracy: Prices up? Bush's fault! Prices down? Bush is rigging it!
Las Vegas Review-Journal ^ | Sep. 28, 2006 | Editorial

Posted on 09/28/2006 6:55:59 AM PDT by Nevadan

The global pressures of supply and demand that sent energy prices skyward over the past year have brought the cost of gasoline closer to earth, at least for the time being.

Oil production along the Gulf Coast hasn't been interrupted by major hurricanes, so domestic supplies are up. The geopolitical climate of the Middle East has cooled. Crude oil futures, which traded at $78 per barrel in July, now go for close to $60. As a result, Americans are paying anywhere between 30 and 70 cents less for a gallon of gasoline than they did this summer. In some parts of the United States, gasoline sells for less than $2 a gallon.

However, for some Americans, good news is bad news.

American suffering is the core of the Democratic election strategy. Surely, President Bush ordered the price cut to trick the unwitting masses into returning Republicans to Washington. (Just like he ordered prices to rise a few months back to help his oil buddies.)

It's a ridiculous conspiracy theory that defies all reason. Nevertheless, a new Gallup poll asked Americans whether President Bush's administration "deliberately manipulated the price of gasoline so that it would decrease before this fall's election." And 42 percent of participants said they agreed with the statement.

Not surprisingly, two-thirds of the survey participants who bought this baloney are registered Democrats. But the contempt these people have for the president has created a gaping crack in their anti-Bush rhetoric. They would have Americans believe George W. Bush is the dumbest man alive, yet so fiendishly brilliant he can manipulate markets around the world, possessing "the kind of magisterial clout unknown to any other human being," Bush spokesman Tony Snow said Monday.

A Category 4 hurricane in the Gulf of Mexico or genocidal threats from Iranian President Mahmoud Ahmadinejad could reverse this price plunge very quickly. But then, if either of those scenarios played out, the left would blame President Bush.

You'd expect a small sampling of any population to hold outlandish opinions as a result of some perceived injustice, a lack of opportunity, a limited education or plain old bad luck. But when more than 40 percent of the population buys such ridiculous conspiracy theories, it can't be pinned on life circumstances. Clearly, the opinion that President Bush rigs energy prices from the Oval Office is held by a wide spectrum of America. These people aren't merely ignorant of history and economic theory. They find comfort in believing that sinister, mysterious forces control the world around them. In this regard, they're no different from the millions of Arabs of all social classes who believe their repressive Islamic nations are being kept down by a Zionist-American plot.

"If we're dropping gas prices now," Mr. Snow said Monday, "why on earth did we raise them to $3.50 before?"

This Gallup poll reveals the toxic partisanship that has overwhelmed the electorate. It also lays bare the economic illiteracy of too many citizens living in the world's richest nation.


TOPICS: Business/Economy; Editorial; Government
KEYWORDS: conspiracy; energy; gallup; gasoline; gasprices; supplydemand
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To: avacado

"One day I asked him why do your think they make a water tower and store the water up in that big ball of a tank? "Hmmmmm.. I dunno, why?"

Well, why?


21 posted on 09/28/2006 8:28:04 AM PDT by CSM ("When you stop lying about us, we'll stop telling the truth about you." No Truce With Kings)
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To: CSM

Water pressure.


22 posted on 09/28/2006 8:29:52 AM PDT by avacado
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To: brownsfan
The Bush administration can't control gas prices. Period.

Reminds me of the anecdote concerning Ronald Reagan's first words upon entering the Oval Office after inauguration:

"Ok, where's that lever that controls the fuel prices?"

23 posted on 09/28/2006 8:33:13 AM PDT by Bloody Sam Roberts (I can't complain...but sometimes I still do.)
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To: avacado

I figured that is why it is stored up in the air, but what is the reason that they store water? Or are you saying that the storage supplements the water treatment systems to maintain water pressure.


24 posted on 09/28/2006 9:54:02 AM PDT by CSM ("When you stop lying about us, we'll stop telling the truth about you." No Truce With Kings)
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To: Cobra64
My approach is that I will not discuss much of anything with anyone who has not taken an economics class or workied in the business world. Then again, I was and Economics / Business major, and have worked in the manufacturing sector all my life.

I'm just some dumb enlisted guy, but even I can figure the basic stuff out.
25 posted on 09/28/2006 9:58:23 AM PDT by A Balrog of Morgoth (With fire, sword, and stinging whip I drive the RINOs in terror before me.)
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To: CSM

---
I figured that is why it is stored up in the air, but what is the reason that they store water? Or are you saying that the storage supplements the water treatment systems to maintain water pressure.
---

Yeah. They keep a tank in the local area to feed to the residents and keep filling it from the larger water system.


26 posted on 09/28/2006 10:11:09 AM PDT by avacado
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To: avacado

Wow, I never realized that. For some reason I always thought that residents were either directly connected or that they were on wells. I always figured that water towers were an emergency supply.

Thanks. My goal is to learn one thing every day. Now I can go back to sleep mode.


27 posted on 09/28/2006 10:19:21 AM PDT by CSM ("When you stop lying about us, we'll stop telling the truth about you." No Truce With Kings)
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To: A Balrog of Morgoth
Probably because you're a smart man and have the ability to think. Thank you for your service to America.

Despite what you hear from liberals, we love, honor, and respect our military!

Kill a bad guy for me, but stay safe.


28 posted on 09/28/2006 11:11:48 AM PDT by Cobra64 (Why is the War on Terror being managed by the DEFENSE Department?)
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To: Nevadan

Anyone with any sense knows it's Rove...


29 posted on 09/28/2006 11:15:52 AM PDT by gogeo (Irony is not one of Islam's core competencies (thx Pharmboy))
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To: COEXERJ145
That's foolish.

It's Rove, I tell you!!!

30 posted on 09/28/2006 11:17:17 AM PDT by gogeo (Irony is not one of Islam's core competencies (thx Pharmboy))
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To: COEXERJ145
ROFL! Great Graphic!
You may consider it stolen. lol
31 posted on 09/28/2006 11:21:20 AM PDT by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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To: CSM
As far as I know---the main pont of water storage towers is to "help out" the system in peak demand times.

Think of it this way::



When the need is low(late at night /during a rainy period), the need for the city water supply will be a LOT lower, than say, during "dinner hours"(from about 6-9pm), or "bedtime"(when many are taking bath/showers, and getting ready for bed) and "wake up time" (same thing applies). During this "peak use" time, the water tower will supply the extra needed water, WITHOUT over-burdening the pumping stations. And-- during the "off peak times" (after midnight), the tank is "charged"(filled), so that it is ready for another "peak cycle".
32 posted on 09/28/2006 5:50:18 PM PDT by Rca2000 (I may be a prude, but at least I am CONSISTENT about my beliefs!!)
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To: Nevadan

Bush's Fault?

33 posted on 09/29/2006 6:35:16 AM PDT by VRWCmember
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To: dynoman

http://www.msnbc.msn.com/id/14788769/site/newsweek/


34 posted on 10/02/2006 11:53:18 AM PDT by dynoman (Objectivity is the essence of intelligence. - Marylin vos Savant)
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To: Nevadan

Look at the price of oil now. (October 29, 2007) Now say the same crap! But the economy is so good. WHERE?


35 posted on 10/29/2007 2:47:00 PM PDT by hkp123
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To: Nevadan

It’s mostly because the dollar has lost a lot of value. Oil is priced in dollars, so more dollars are needed to buy it.
Blame “inflation”.


36 posted on 10/29/2007 2:52:01 PM PDT by Leftism is Mentally Deranged
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