Oil Prices And The U S Elections

Below are wholesale prices on oil and gasoline at 8:00 pm central time zone on Oct 19, 2008

"PETROLEUM ($/bbl)
PRICE* CHANGE % CHANGE TIME
Nymex Crude Future 72.83 .98 1.36 20:21
Dated Brent Spot 68.44 .75 1.11 20:13
WTI Cushing Spot 71.85 2.00 2.86 10/17


PETROLEUM (¢/gal)
PRICE* CHANGE % CHANGE TIME
Nymex Heating Oil Future 214.50 1.21 .57 20:16
Nymex RBOB Gasoline Future 167.50 .89 .53 19:34"
Bloomberg.com: Energy Prices

From Daily nation.

"Pressure mounts on Opec to reduce oil supplies " DAILY NATION - Pressure mounts on Opec to reduce oil supplies

Pressure is mounting within Opec to reduce supplies after oil prices fell by more than 50 per cent, from a record of $147.27 hit in July, and expectations have mounted that global recession will erode fuel demand.

The Organization of the Petroleum Exporting Countries has called an emergency meeting on October 24 in Vienna to discuss the impact of economic weakness on oil markets.

US crude this week touched a 16-month low of $68.57 a barrel and the price for Opec’s basket of crude on Thursday stood at $63.34 a barrel.

Will OPEC keep prices low on crude and gasoline which would benefit the democrats in the Nov. election or raise them and give the conservatives a chance to gain seats in congress? People of the U S will not stand for higher gas prices.

What will OPEC do?

Any liberal lefties want to give a comment, high or low , what do you wimps want?

Let me ask you again since you dorks fly off the handle and make some dumb comment.

Do you want higher or lower crude and gasoline prices?

Just answer the question.