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View Diary: Gas Price Map and 2004 Election Results Comparison: Coincidence? (62 comments)

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  •  No, not particularly. (2+ / 0-)
    Recommended by:
    Miss Blue, Youffraita

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    Not to be mean or anything, but the idea that there is some conspiracy by commodity traders to keep gas prices higher in blue states is a little out there.

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    Yes, it is a little out there, hence the curious coincidence and the statements that I don't think it could seriously be that tightly controlled. Demographics of other natures must be driving it, and tie more directly back to the tendency to how a state leans politically.

    That said, there ~is~ a serious investigation going on regarding the very Enronesque appearance of commodity trading use to influence market prices.

    __

    In reality the correlation is pretty simple. Blue states tend to have more liberal, environmentally friendly state legislatures, who are more likely to charge higher state gas taxes, and require more green, but also more expensive, grades of gasoline.

    California  has one of the highest prices in the union, for example, because it requires a special low-emission blend of gasoline to be sold in the state which, while environmentally friendly, is more expensive to produce.

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    You're probably dead-on accurate here -- but, given the climate of the investigation, isn't it fun to see such a map and think such GOPpish thoughts?

    Aren'tcha just a little happy at the thought that someone investigating the commodity trading issues could pop this up on the board in court and ask for traders to explain it, knowing that they probably could but it would still look damning anyway?

    ...no? Not even a ~little~ schadenfreude?

    Never, never brave me, nor my fury tempt:
      Downy wings, but wroth they beat;
    Tempest even in reason's seat.

    by GreyHawk on Sun Jun 01, 2008 at 05:33:42 AM PDT

    [ Parent ]

    •  no connection (1+ / 0-)
      Recommended by:
      GreyHawk

      Commodity speculators have no geography to their speculation.  The futures contracts are not state-by-state, but national.  This is a silly post without considering the truly likely causes such as state taxes, environmental standards, and distance from refiners

      •  Yes, it is a silly post. (0+ / 0-)

        And those factors are mentioned in the comments, and would also be interesting ones to include.

        It's still an interesting set of images, tho, isn't it?

        Never, never brave me, nor my fury tempt:
          Downy wings, but wroth they beat;
        Tempest even in reason's seat.

        by GreyHawk on Sun Jun 01, 2008 at 08:25:04 AM PDT

        [ Parent ]

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