also how does hitting peak oil help the gas price drop? pretty sure that makes 0 sense
An increase in alternatives and due to less commercial demand forces producers to accept lower prices. Not necessarily right now, but a predicted lack of demand. Also, the world economy currently is fighting deflation, in which we all need to worry about prices for all goods decreasing.
Election seasonality could be a factor, but it's not telling the whole story. Besides, that's usually during presidential elections, not during midterms.
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also how does hitting peak oil help the gas price drop? pretty sure that makes 0 sense
>gas drops
Election seasonality could be a factor, but it's not telling the whole story. Besides, that's usually during presidential elections, not during midterms.
We're paying anything from $2.05 to $2.17 a litre.....1 litre = 0.264 US Gallons