What is with the sudden drop in gas prices?

Question

Hey there, so lately, I've noticed gas has gone from $3.99 or $4.00 (Here in MN.) Down to about $3.58 or a bit higher or lower depending, why is this?

Answer 1

The price of oil just went up to five (5) dollars last week. When the price of oil goes up the price of gas will go up.  

Answer 2

I agree with you we should boycott gas till it goes back up to $4.50 a gallon.

Answer 3

George Bush gave Big Oil a $2 billion dollar tax break. Does he want to go out in a blaze of glory, or a blaze of thrown tomatoes? Big Oil owes him one.

Answer 4

That's lower than Galveston, TX.  ugh.

I heard on tha radio that driving in US has DROPPED by 2 billion miles this year so far.

Gas consumption is way down compared to what it was.