How the market affects gas prices Posted By : karen fairham
Posted on June 7, 2008 at 4:59 am in Online Trading
A recent downturn in gas prices has come as a welcome relief to most drivers in North America. The timing, however, of the price drop has many people thinking conspiracy theory. A recent poll of Americans showed that a staggering 42 percent of respondents believe that George W. Bush and the ruling Republican administration in Washington lowered gas prices in time for the November 2006 mid-term elections. While this may or may not be the case, the various stock markets around the world do have a real time impact on the price of oil, and therefore gasoline.
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