I may be starting this topic early, but the stock market and Bitcoin started rising immediately after the polls appeared to be leaning towards "The Donald" .....and both of them suddenly rising to new record levels before the end of trading on November 6th.......
I started thinking. If the stock and Bitcoin reacted 4 or 5 hours before the election was actually called.... How fast will gas prices react?
Will the stock market, Bitcoin go up quickly and keep going up?
Will gas prices quickly go down?
Will they continue in those positive directions, ow will it quickly plateau, or even go back down.
I honestly don't know.
I started this new gas price topic so we could have a new starting point based upon a drastic change in the US position on fossil fuels.
Literally the day after Biden got into office and announced no more oil leases on federal land, and he pulled the rig out from under the Keystone pipeline, prices started rising, then riding sharply. Google it. You can see in January of 2020, the price per barrel started going up.
The administration sent a doomsday message the oil and coal were going to be replaced by batteries (powered by coal and natural gas generators)
The Trumpster won the election on the 5th. It's three days later and at the station I get gas at dropped regular gas a full 20 cents.
20 cents in one or two days? That has NEVER EVER happened here.
.....EVER!
The gas price at the station I usually go to hasn't changed 3 cents up or down in the past 6 months. It's rock steady and rarely changes.
West coast prices are always high for supply and logistical reasons.
Anyway, post your prices before (or if) they go down.
The market has been sent a message. Is it reacting already?
If it is, will it continue? One way to find out.
I started thinking. If the stock and Bitcoin reacted 4 or 5 hours before the election was actually called.... How fast will gas prices react?
Will the stock market, Bitcoin go up quickly and keep going up?
Will gas prices quickly go down?
Will they continue in those positive directions, ow will it quickly plateau, or even go back down.
I honestly don't know.
I started this new gas price topic so we could have a new starting point based upon a drastic change in the US position on fossil fuels.
Literally the day after Biden got into office and announced no more oil leases on federal land, and he pulled the rig out from under the Keystone pipeline, prices started rising, then riding sharply. Google it. You can see in January of 2020, the price per barrel started going up.
The administration sent a doomsday message the oil and coal were going to be replaced by batteries (powered by coal and natural gas generators)
The Trumpster won the election on the 5th. It's three days later and at the station I get gas at dropped regular gas a full 20 cents.
20 cents in one or two days? That has NEVER EVER happened here.
.....EVER!
The gas price at the station I usually go to hasn't changed 3 cents up or down in the past 6 months. It's rock steady and rarely changes.
West coast prices are always high for supply and logistical reasons.
Anyway, post your prices before (or if) they go down.
The market has been sent a message. Is it reacting already?
If it is, will it continue? One way to find out.
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