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<blockquote data-quote="jujumantb" data-source="post: 2186494" data-attributes="member: 555241">I can give you some commentary on this.&nbsp; No, they arent controllable.&nbsp; Nobody can say for certain why they are coming down right now.&nbsp; Gas prices coming down is NOT even necessarily a good thing for our economic outlook.&nbsp; Anybody who has even taken an elementary economics course knows the concept of demand.&nbsp; When demand goes down, prices go down.&nbsp; The decrease in oil right now could very well signal that the demand for oil has gone down which, if true, means our economy could be slowing down: signalling a possible recession.&nbsp; If you are somehow trying to relate gas coming down at this with some rightwing conspiracy to win votes, you are wrong.The Iran situation could also be a reason for the falling prices.&nbsp; Remember, these prices are all dictated by markets.&nbsp; If people are starting to believe the Iran situation is going well, meaning the threat of them cutting off their oil is down, then that could be another reason we are seeing falling prices.Either way, OPEC can cut production down anytime and we will see them rise again, especially if prices get much more under $60.</blockquote>

[QUOTE="jujumantb, post: 2186494, member: 555241"] I can give you some commentary on this. No, they arent controllable. [B]Nobody[/B] can say for certain why they are coming down right now. Gas prices coming down is NOT even necessarily a good thing for our economic outlook. Anybody who has even taken an elementary economics course knows the concept of demand. When demand goes down, prices go down. The decrease in oil right now could very well signal that the demand for oil has gone down which, if true, means our economy could be slowing down: signalling a possible recession. If you are somehow trying to relate gas coming down at this with some rightwing conspiracy to win votes, you are wrong. The Iran situation could also be a reason for the falling prices. Remember, these prices are all dictated by markets. If people are starting to believe the Iran situation is going well, meaning the threat of them cutting off their oil is down, then that could be another reason we are seeing falling prices. Either way, OPEC can cut production down anytime and we will see them rise again, especially if prices get much more under $60. [/QUOTE]

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