Trump was the beneficiary of a trend that began under Barack Obama. Interestingly when Obama was president and Trump was a candidate he claimed that the labor market data from the BLS was phony. After he took office it suddenly became credible even though it was developed by the same federal agency using the same methodology.
Gas prices are scheduled to continue dropping through next year, regardless of who gets elected. The main reason? China's economy is in the crapper. Secondary reasons? Both the U.S. and European economies are showing signs of cracking. ‘Serious energy deflation’ is coming whether Trump or Harris wins, says analyst
Just a guess, but the folks in Alaska & Hawaii prob disagree with this. Ok, yes those are the extremes. I bet our gas here in MN is just about as high. We get taxed out the a$$.
Plummeting? I paid something ridiculous like $4.28 for premium off I-75 this weekend while heading up for the football game.
I drove by an off-brand station that had regular priced at $2.85 a gallon. The Shell where I usually purchase gas was $3.25. Gas in Northern Virginia is more expensive than in the rest of the state thanks to an additional 8 cent a gallon tax to fund public transit and stricter emission requirements.
Odd, pulling up premium prices in Waldo, the first one I saw at raceway was 3.70. I guess they saw you coming.
$2.95 on the major roads here and $2.70 off the interstate. I am wondering what I will do with all my new found wealth. Since the price increases were so bad the decreases must make us all rich. I am thinking about a 270ft $80M yacht. Selection of Yachts For Sale | Superyachts For Sale | Fraser (fraseryachts.com)
I'm still waiting to hear from someone that has their own oil pump-jack and refinery. That's where the cheap gas is.
LOL. Mr. Global predicted right wingers would be saying gas prices are dropping because of the election... seems he was correct.