2006-07-15 00:31:13 · 11 answers · asked by Anonymous in Cars & Transportation ➔ Other - Cars & Transportation
Don't like the prices today? Just wait, it a couple weeks it will be approaching $4.00 per gallon in the U.S..
2006-07-15 00:35:10 · answer #1 · answered by gamerunner2001 6 · 0⤊ 0⤋
I think one reason is because we have no choice. They know they have us. They don't have to lower it. A year ago, before Katrina hit, it's was what $1.50 a gallon or so? Then after it hit, it went up through the roof...over $3 a gallon in the course of a couple days. It went back down a little, but now it's right at $3 again. So, if it was lowered to $2 a gallon, that would seem cheap, right? Well, a year ago, it was hard to believe gas could hit $2 a gallon and now it would be cheap. They don't have to lower it. Anyway, that's just my opinion.
2006-07-15 07:39:53 · answer #2 · answered by First Lady 7 · 0⤊ 0⤋
oil prices are made by the supply / Demand. If traders in the commodities business are worried about thier clients getting enough to supply thier refineries the price goes up. Hence since the Iraq war and the Isreal conflict has started the price of oil has seen newer and newer highs. It isn't the lack of oil its the worries of the commodities traders and the supply.
2006-07-15 07:39:13 · answer #3 · answered by Vicdakota 1 · 0⤊ 0⤋
Republicans
2006-07-15 07:34:28 · answer #4 · answered by jonnygaijin 5 · 0⤊ 0⤋
Well it is cause they are greedy.Even though everyone knows they make huge profits each quarter and keep raising the price for some lame excuse they know Americans won't have a way to stop them.Even when you have people convert diesel to veggie oil they still laugh in our faces .total control and they know it...
2006-07-15 07:40:01 · answer #5 · answered by ? 2 · 0⤊ 0⤋
Because everytime someone so much as sneezes in the Middle East the price of oil goes up.
2006-07-15 07:36:17 · answer #6 · answered by my brain hurts 5 · 0⤊ 0⤋
Coz the sheikhs in the oil countries think they need more money,, so they keep on increasing the oil prices, to buy, diamond studded cars, and massive palaces.!!!1
2006-07-15 07:36:12 · answer #7 · answered by Piyush Bhatnagar 2 · 0⤊ 0⤋
Because you staying at a wrong side of the billing company.
2006-07-15 07:35:17 · answer #8 · answered by ELASTOL L2000 1 · 0⤊ 0⤋
europe pays like 7 bucks/gal
2006-07-15 10:42:59 · answer #9 · answered by Jessica B 4 · 0⤊ 0⤋
Simple.... they know we will continue to buy it no matter what they charge...The oil company's profits prove that..
2006-07-15 08:26:41 · answer #10 · answered by Dirtydog 5 · 0⤊ 0⤋