Why Is Gas So Cheap?
Why is gasoline so cheap? Is it because elections are right around the corner or is it because of economics with supply and demand. According to Energy Industry Today the reason that gas prices are so low is because Repulicans want help in the polls this upcoming November. Others think that it is because the demand is down and more people are focusing on ethanol instead of gasoline. Something seems fishy to me.
1 comment:
It would be nice if the drop in price was because of switching to ethanol, but I do not think so. If that were true, I would stick with gasoline as the price went down. I think that it is because of the election coming up. I do not think that it is right for them to be able to drop the prices by that much, because they still have to be making a profit. If they can be this low and still have a profit, they should be this low all of the time. Whatever the reason for the drop in price is, I hope that it will still be down in four years when I actually use gas.
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