ARE we stupid in america or what .12 cent gasoline is available?

Question

gas prices from a few places in the world .
1) venezuela-.12 cents a gallon
2)nigeria-.38 " "
3) egypt-.65 cents a gallon
4) puerto rico-$ 1.74 a gallon
number 4 is real hard to accept but i still have to ask if it only costs a few penny's to produce why does it cost so much here in the U.S.A. texas could sell gas for $ 1.00 a gallon newyork $2.25 shipping handeling you know .
SO some places can make a profit like venzeula on .12 gas maybe they are breaking even so make some money charge .25 cents a gallon .
THIS still makes me wonder and i do not know about you but why do we get charged so much if they can do it that cheap are we just stupid in america or what.
source cnn money or try typing global gas prices for verification of my info igot there by gasoline price venezuela.
so capitalism work's I'll pay 10.00 an hour you spend it all back gas food rent utility's . if i know how much you make then i know how much i can charge you .what the market will bare .

Answer 1

You can blame big oil and a administration that is profiting from the high prices. We have plenty of oil in this country, we have oil wells capped and not producing because the oil company's can make a bigger profit by buying and selling over sea's oil. This practice should be stopped and if the oil company's will not comply we should nationalize them and take the profit from their pockets and put it back in ours.

Answer 2

Venezuela is an oil exporting nation, we are an oil importing nation. We also have not built a refinery since '78 in our country, so we're now importing not only oil but refined gasoline. Democrats have also severely limited us in our exploration and production of new oil fields domestically. I'll give you a little heads up. The Hibernia Platform off the coast of Nova Scotia is producing about 350,000 barrels of oil a day.... from one platform. We have every reason to believe that the east coast of the US could be quite rich in oil, but the democrat hypocrites like Ted Kennedy have put the kibosh on any exploration off the east coast. California laws have forbid any new platforms from working off the California coast since '78, so the oldest, least safe ones are still there operating today. If you want to see less expensive gas in the US, promote more domestic supply, and work on conservation. Blaming people won't solve anything.

Answer 3

In Europe the cost is as high as 7.00 a gallon. Don't forget the people in Venezuela and Nigeria have more oil readily available while we have to import it. The environmentalists in this country have pushed the production of oil out of this country and driven up the cost of manufacturing gas. All the various blends needed to meet the pollution standards adds most of the cost. Instead of blaming the government or oil companies look at how they capped oil wells because of the high sulfur content. How many locations in this country stopped drilling and even off shore projects are blocked. Make up your mind do you want to breathe or have cheap gasoline??

Answer 4

Three fo those countries produce oil, so they do not have to ay to ship it in. The oil is also refined there. the only data point there is puerto rico. Not too mention that in Venzuala, Egypt an Nigeria gas is heavily subsidized by the governemnts. Do some actual research before spurting off pointless bits of information.

Answer 5

Gas is 12 cents a gallon in Venezuela because there are people there that only make $1,200 per year. I would love to see you go get a job there at the same pay rate (exact, not exchange rate) as you make now.

Answer 6

We dont produce enough gas for our needs, we have to buy it from other countries on a world wide market place. We dont get a special high or low price because we're america, we pay the same price per barrel for oil that every other place buying it does.

The reason that those countries have cheaper oil is because of a few reasons.

First off, what might be .12 cents in one economy can translate to over 2 dollars in ours, due to inflation and currency exchange.

Secondly, a lot of those counties are small and their industrial needs are quite a bit less than our country, so they are able to drill for, refine and keep what they need for themselves, without having to buy from major producers such as iran.

Refined gaoline cannot be shipped in large quatities, partly because its too explosive, and partly because its not just gasoline that we get from the oil refining process, we get many other incredibly important products, like the oil you use to heat your house, and the diesle we use to ship food and products around the country. So the cost of having to ship .12 gasoline, AND oil for things like heat and fuel and industrial needs would make things even more expensive than they are now.

On my last note, not all of those countries that have inexpensive fuel produce enough to sell on the open market, in other words, even if it were cost effective to buy from them, they wouldnt have enough product to sell to us.

There are reasons why economies are based and run on the market price of their natural resources.

If you really wanted to solve the problem you would ask why we dont use the resources we have, such as alaska and the gulf.

Answer 7

12 cent gasoline is because its HEAVILY subsidised.

The price is basicly 1:50 a gallon there but the goverment exports it and uses the money to sell it to its people cheaper...

If the US could somehow manage to USE LESS GAS THAN WE PRODUCE, Then maybe your logic would work

Till then.. we pay what other countrys charge us for the crude oil.

Answer 8

some of those countries produce oil.

would you like to live in the countries that are selling gas for less than two bucks a gallon? they might take you.

ethanol has gotten more expensive, but so has oil, so don't blame ethanol.

gas gets more expensive for us when the u.s. gov does things to destabilize the countries that produce our oil.

Answer 9

Stop fighting the production in this country. Stop fighting the use of Nuclear plants. Stop fighting offshore drilling and drilling in Alaska.

Stop blaming President Bush for warring for oil, when he clearly hasn't gotten any oil out of it.

Silly seditionists.

Answer 10

The US is one of the countries with the lowest gas prices.

If I'm not mistaken, it's about 4$ in Canada

I do know that some European countries have it really bad!