What is the relationship between oil prices and elections in the US?

Why did we have to wait for an election for the dollar to inch back up? I know it is bad news for the oil companies that pump oil from public lands for meager royalties to the US treasury compared to what they pay private land owners.








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What is the relationship between oil prices and elections in the US?
Not sure what your last sentence is trying to say, a lot of private individuals get little if anything from the oil companies for their rights.





Low oil prices encourage the people to believe the economy is improving under the present administration but, whomever wins the election, the gas prices will go higher again.What is the relationship between oil prices and elections in the US?
The connection is like this the GOP is in charge. The oil companies are cozy with the GOP leadership. We have an admitted oilman as president. we have an admitted wannabe oilman as VP.





The oil companies in collusion can easily manipulate the price of oil.





Example. When an election is not in the near future even a flatulent flea in the desert can drive up the price of oil. Today with a very important election pending even the hurricane season can not seem to drive the price up in fact quite the reverse when a hurricane misses it drives the price down.
Unless some candidate makes a crazy campaign promise like to shut off all oil production that he can, there isn't much relationship at all. Oil is fungible and is traded on a global market. Despite what the uninformed try to tell you, there's little the POTUS can do to make oil prices suddenly go down. He can make them go up through bad moves, but like the rest of the govt., can do little good other then to get out of the way.





';Why did we have to wait for an election for the dollar to inch back up?';


What election was there recently?
Like war, just manipulation.