Why oil prices have fallen?

Because it's getting close to election time???Why oil prices have fallen?
because the republicans need some positive issues.Why oil prices have fallen?
Less demand.
Demand for gas is down. All the kids are back in school; Families aren't traveling as much. Look for it to hit $2.85 (depending on where you live) in about a month. By that time the oil companies will be gearing up for the big price-gouging season (i.e. Thanksgiving/Christmas)
Oh who knows anymore. They gouge us with SO many reasons.


Just pick one:





Less demand


Election season


Increased supply


The feds investigation into Exxon (seems prices dropped quickly once that started)
Gasoline and petroleoum products are governed by supply and demand in the free market place,during summer months there are lots of travelers and vacations,in the fall kids go back to school and vacations become less and the wheather still is not cold enough to turn on furnace therefor demand is down and prices trend down when demand slows.In about a month it will be colder and demand will go up causeing prices to rise.If you rent a hotel room the same week that the superbowl is in town you will pay a high price but the day after superbowl rooms will be cheaper hence supply and demand.
less SUVs on the road. Lots of new small cars.





I have not gotten tailgated by a speeding SUV in months. SUVs are driving slower to save gas.





Nice fall weather means less airconditioning and better mpg
Because a new pipeline has opened between Norway and the UK and this has made more oil available to us, bringing prices down. If you mean internationally then its probably because there are more people using renewable sources therefore forcing the price down. Hope this is good answer to you