2006-07-11 09:03:44 · 13 answers · asked by honey 2 in Business & Finance ➔ Other - Business & Finance
I would let the market price it. If you price gas at 1.50, the oil companies would just not produce it because each gallon they sell, they would lose money, so there's no incentive for them to do anything except shut down. They generally make around 10% margins right now. It might be nice if they gave half of that back and say let themselves have just 5% profit, but it's tough to have a price ceiling if the prices are moving all the time, kind of like the stock market.
2006-07-11 10:57:36 · answer #1 · answered by Arbitrage 7 · 0⤊ 0⤋
as cheap as possible but still make a little profit so seventyfive cents a gallon im making probaly a twenty five cent profit per gallon
2006-07-13 17:44:30 · answer #2 · answered by donielle 7 · 0⤊ 0⤋
10 cents
2006-07-11 16:30:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Far too much to buy, to force the industry to develop alternative fuels. It's long overdue.
2006-07-11 16:07:28 · answer #4 · answered by yossarius 4 · 0⤊ 0⤋
Definately not where they are at now! OUCH! I'd put them at about $1.50 a gallon. I'd say that is reasonable.
2006-07-11 16:07:02 · answer #5 · answered by Anonymous · 0⤊ 0⤋
1.00 or something like that cause gas prices r killin us gosh LOWER GAS PRICES!!!!!!!
2006-07-11 16:08:39 · answer #6 · answered by tkdgrl4life05 2 · 0⤊ 0⤋
i'd let the market decide. seems to work preety well, don't you?
PS. supposing that there were no Cartels like OPEC.
2006-07-11 16:08:18 · answer #7 · answered by ? 2 · 0⤊ 0⤋
99. cent a gallon cuz i think if they wanted to they could...
2006-07-11 16:07:14 · answer #8 · answered by panda 6 · 0⤊ 0⤋
free
they've been making enough off of us for too long
2006-07-11 16:07:31 · answer #9 · answered by swddrb 4 · 0⤊ 0⤋
free
2006-07-11 16:06:46 · answer #10 · answered by Anonymous · 0⤊ 0⤋