It's amazing how gas prices and interest rates always seem to stabilize/decline in the months leading up to an election.
BUMP
That's the 3rd or 4th time it's done the same thing in the last year.....no elections then.
I think it's tied to supply.
There's a natural born revulsion in Americans to paying over $3 a gallon, so when it gets there, they deploy a little reported strategy. They don't drive as much in some way shape or form. That increases supply, and that lowers price. Then they start driving more at the lower price, and that decreases supply, prices go up, and ... a cycle.