So gas prices have been slowly coming down?

Question

So my question to everyone reading is. If gas prices made everything that the consumer buys go up, what do you think the odds are that when the gas prices (if they do) come back down to where they were before everything else went up that everything will also come down in price as well. What do you bet they won't.....now isn't that messed up or what!!!!!

Answer 1

one would hope prices would now drop relating to previous gas increases now falling. especially i hope the airlines reduce the fuel levies imposed on us all, but i am hopeful that competition will take care of that. i do worry about food prices not falling due to fuel prices as our duoply of supermarkets will keep the increases to boost the bottom line for their share holders. i think the commoditity brokers have a lot to answer for in trading in oil prices, boosting the profits for the wealthy few, they have brought most of the world economies in to turmoil which may cause a world recession

Answer 2

It has something to do with this being an election year. I think that whatever candidate can convince voters that they lowered gas prices therefore helping the economy, they ultimately will win the election. I believe its just a temporary thing to do until the election, and then after that, they will continue to rise again. So right now I am just enjoying the trend right now...  

Answer 3

not slowly enough.

Answer 4

I bet its the same in the US as in the UK . Gas prices tend to go up very quickly but take ages to come down. Perhaps the gas stations are trying to make a quick buck as you guys say over the pond.  

Answer 5

stephenm hit the nail on the head. its not so much that gas prices have gone up, but rather that the value of the dollar has gone down, too much inflation(over printing of the dollar) we can thank the FED for that, why else do you think that all product prices have doubled, your dollar is not worth what it used to. compare the dollar to other currencies on the world market and you will see that u.s. currency has lost purchasing power, which is exactly why the price of commodities has gone up in the past couple of years. furthermore do not buy into recent hype of stock market rallies and that gas prices will go down to where they once were, the FED is artificially pumping up the market...

Answer 6

Greed and stupidity are the two great destroyers of civilizations.

Intolerance is a close third.

Answer 7

I have noticed the drop in prices.  However, I will cherish these moments and not allow myself to get used to it.  I'm sure they will rise again and again.

Answer 8

Very slowly. But just as with the rise in gas prices about 10 years ago, they'll never drop all the way to where they were before this mess started.

Answer 9

The funny thing about prices are that they are not going up that much but rather your dollar bill is loosing its value. The value of the dollar has hit a all time low. start to educate yourself on the way money works, you will be amazed at just how corrupt our system is. Once you realize the way in which our money is made and used you will find your answers to all your money issues, like the housing bubble and why gold still buys the same amount of gas it did in 1930. Your dollar is being de valued therefore if a dollar is only worth 25 cents instead of a dollar what will prices do?> right go up. everything will go up. Your TV will not mention these things to you niether will radio or Newspapers for these entities are all owned by the same 6 people that strangly enough control your government with their lobbyist and big dirty money. Wanna know whos responsible for the entire mess? one easy answer is printed on the top of your dollar  bill. The Federal Reserve, this is not a part of your government, these are private international bankers that have been controlling our money supply since 1913.

This puzzle is vast and very informative if one shall use a little curiosity and logic to investigate it. There is a wonderful little tool that is more powerful than any prior.It is called the internet. Use it before it becomes no more and it turned into a government regulated media outlet then it will loose all the facts and become a tv full of propaganda and lies. Do it for your kids. Many already know of the debacle we call the system.

Answer 10

I know of no defense against corporate greed.

Answer 11

I think its just to boost morale...they will go back up

But if gas prices go down, airline tickets go down, everything ends up being affected and economy may go up