Gas Prices on the Rise - Heebie Jeebies Conspiracy Theorists?

Dang that Karl Rove. He must've put in a secret line to the U.S. oil industry after the General Election result to start increasing the prices at the gas pumps as a punishment to all of us. Looks like I'm the 2nd deaf or hh blogger to talk about this one. The first deaf blogger commented on this not to long ago with a "WTF?".

One week ago the national average was $2.20. Yesterday, a few days after the election, was at $2.22. And today it was at $2.23 according to Gas Buddy. Still considerably cheaper than it was back in July of 2006 when the national average peaked close to $3.00.

I can see it now. More conspiracy theories are being fuel by the rising gas prices. How can it be a coincidence when prices began to rise the day after the election? By what? Three cents? On average? Oh sure, in some places the rise in prices went a little higher and wondered with a WTF question like this one deaf blogger here. However, the Kos kiddies are now starting to get onto the conspiracy bandwagon on rising gas prices as if they have nothing else better to do. And looks like it's a yawn over there. Gotta be careful about doing the conspiracy barn dance thing since Democrats are in the majority in Congress.

Now, if gas prices were to somehow stabilize I'm sure you'll see a lot of blackslapping by Democrats on how they "saved the day" by "forcing" the oil industry to stop playing games. But before you believe your eyes, or ears in this case, look to OPEC first on why prices are behaving like that.

"Oil industry analysts say the price increase was expected some time in November because of OPEC's decision to cut back production of crude oil. That has kept crude prices hovering around the $60 mark, making it difficult for prices at the pump to come down further."

Yes. It's all OPEC doing. Well, a good portion of it that is. It's about OPEC's control of delivered oil into the market that can have an effect on gas prices. Also, with winter coming up, heating oil gas prices usually go up if people are anticipating a colder than average winter which is usually the case if you look closely at the 3 year graph.

So, in closing, keep calm about the rising gas prices. It is probably nothing. And also, don't buy gas from CITGO. Although CITGO says the oil/gas boycott didn't affect them. And that was announced today in the news, 3 days after the election.

Hmmmm.....