Manipulation of Gasoline Prices for the 2005 Election
I have to say, this kind of cynical manipulation of the gasoline price by Bushco in power is simply despicable.
Based on the data it is quite clear that just before the 2005 elections the price of gasoline was reduced to help the Bush Administration by helping various Republican Senators and Congressmen win re-election. Given that we has an even more blatant manipulation of gasoline prices in 2003 for that election the sooner that Bushco is thrown out of power, the better.
Update: Wow, we can see something similar for 2003 as well. Clearly proof positive that Bushco is using his and Cheney’s ties to Big Oil to manipulate prices for political gain.
And if one looks at the data at the EIA prices rose in September and October in non-election years 2002 and 2004. And if you look at the weekly data for 2004 we see that the price was very high for the last weeks of October and even higher in the first week of November (207.55 vs. 207.6). Since there would be no electoral benefit to having prices decline in 2004 this clearly shows that Bushco allows Big Oil to gouge consumers in non-election years.