Money Beat

Right on time for Obama to get the credit whe the economy rebounds in 2009. Everything seems to break his way. Fortunately we all benefit from Obama's good political fortunes. The one dark spot is his grandmother not being able to see her grandson win the presidency. That is so sad. I wish I knew where to send flowers.

i know, it totaly sucks his grandmother died ONE DAY before he is elected president. but she knew he was going to win, so maybe it doesnt matter but it still would have been nice. oh, and in a news post, he said to send money to a chairty organization that is trying to find a cure for cancer. so flowers are like, what? 10 bucks? just donate it to cancer. i sent 15 already

Where's the investigation into the price drop? I thought Big Oil rigged the prices. Cheap shot, perhaps, but when will people learn that it's all based on supply and demand???

I can just see all those teary eyed oil execs with all their oil derricks lined up on the coast ready to be mounted off our shores.

So much for the liberal media, nobody reported the oil spills that washed up in Galveston after Ike came through.

Gina | Nov 3, 2008 5:50:19 PM....Probably when they learn what a socialistic leaning government is like?!

Ya, this is going to really take down exxon for a while.

The stock forecast for exxon was flat today, http://stocktruth.com/chart.php?symbol=XOM

but I am guessing tomorrows is going to be nasty.

My neighbor's brother (both excaped Cuba in 1968) asked me what our students learn in school about socialism. He said they just don't realize how bad it can be or how good capitalism is.

Duh! Can you say "The Republican party controls the gas prices??" Funny how the prices keep coming down the farther John McCain gets behind. They'll do anything to get the next Republican in office. because they know all those huge Billion $$ tax breaks will end responsibly when Bush leaves, and McCain doesn't win. They gotta bring those prices down low, make people think the economy's doing better and vote McCain in. Then they'll hike them right back up again. Getting tired of the OIL COMPANIES PULLING OUR STRINGS!!!!

Gina,
Paeticularly when the supply and demand is controlled by the oil companies.

Unfortunately, when and if the stock market climbs up to 14,000 again, gasoline prices will climb with it.

These low gas prices will be on the way up in a few days. The Republicans love to manipulate gas prices as we get close to elections just in time to make Americans feel all warm and cozy that all is well. What a farse!

Tomorrow we will all see history unfold before our eyes. To see the first Black American voted as President of United States will be something to tell our grandchildren. I am a fan of history and this will be a magnificant moment in time. Hopefully less racial divisions will come from this historic moment. Let's all support the new president and give him the honor he deserves. He ran a good campaign and America it appears want Obama to lead. Let's hope he can turn things around for the economy.

I'm with you deanbob.As Jimmy Carter said when Ronald Raygon won the Presidentcy"heaven help us all".

Good job elliot you cant spell when correct you win moron of the day!!!!!!!!!!!

So what! I still want my money back from the high gas prices this summer!! Tax those oil companies to death! :-)

Ed G.-You may think that electing a black American is something to tell our grandchildren. However, my grandparents told me of a great black man who knew that a person should be judged on the content of their character, not the color of their skin. If we elect Obama, we have elected a person only based on skin color, because the character certainly isn't there. Too bad.

I HATE OBAMA HE WANTS TO CREATE A FAILING SOCIALIST SOCIETY OF FREE LOADERS

Joe you are an anti americain moron. move to one of the failing socialists euopean countries like france of spain

I am glad prices are down but they went down so far, so fast, it makes me wonder why they really were so high, who made so much money in that time, and when we will get our money back.

Keep on a dropping! There was no legitimate reason for the prices to be so darn high in the first place, even coming from some friends of mine who have oil stock from their parents.

Just no reason, the whole 'China/India' thing was a smokescreen.

You all are unbelievable. I am amazed how many people think one side is good and one is evil. THEY ARE POLITICIANS, THEY LIE TO GET WHAT THEY WANT. Both sides do what they want to get in power. And to say republicans control gas, sure...No way economics could have anything to do with gas prices. No, everything must be a conspiracy. Get your head out between your legs and realize you mind-washed you are. Neither side is good. Most politician care about themselves or the party, not the country. Neither side has all the correct views on situations.

Gas at 2.00 a gallon and they think that we should feel blessed. If you crunch the numbers and look at the cost of oil production costs which is pennies on the dollar, we actually pay 15.00 per gallon.. Americans are still being robbed blind and the oil companies are laughing all the way to the bank. Let's not forget the need for energy alternatives.... Go Obama America need to get its grace back...

It's really to late to help the republican neo cons. The price drop is a direct result of Americans driving less. We all need to take heed and bring the oil barrons from the middle East and opec to there knees. Not to mention the oil and gas companies here in the states. EX: Exxon Mobile, Texico, Shell Oil, most of whom are tightly connected to some government officials. Ex: G W BUSH, Chenny, and others rather high up in the political food chain. Alternative energy sources are the answer to this whole mess. We need to shift our global economy from being oil based to something else.

Nobody can know what would they do ,when they get their target .no words.

I love how when capitalism fails it asks for a bailout but somehow that isn't socialism. It's all just words. Failure is failure and it needs to stop.