Why are you paying high oil prices? Do you know?

Question

Israeli lobby = oil companies = wars

Answer 1

nothing like a baited question, OPEC sets the prices on oil, why don't you ask them, the big oil company's also play a huge part also.and the public also plays a part, when i drive down the road and 60% of the vehicles i see are gas sucking giant HOGS SUVs and hemi pickups and etc. etc. and that average about 10 - 13 mpg, with one person in them and just to use for driving to work , and running the kiddies all over, I shake my head in utter disbelief and their always the first ones to blame somebody else, oh really? you need that hog because its a status symbol? does it make you feel bigger? well my husband is big so we need a big suv,? we are in this mindset that bigger is better again, well i fit fine in my old 1997 civic ex and i am 6ft2in. and I got 35 mpg with it and drove it 250,000 miles. until 2006, then the roads were full of giant suvs and Hummers, and they drive like inconsiderate a#s##### . look , conservation is not a bad word. reduce your gas consumption by 30to 50 percent and see how fast they start making alternative fuels and vehicle's. i did not wait i got off my rear and bought a flex fuel diesel, it runs on regular diesel fuel or bio-diesel fuel or even on new or used vegetable oil. and with running on the bios i reduce the co2 content by 80%.

Answer 2

I will start with the demand answer. Large multinational corporations betray the American people for profits and outsource jobs to places like China and India, this causes their demand for oil to rise and all that quality stuff at the stores you got on sale was not really on sale, was it? The other main reason is supply production. In the winter people drive less so refiners are at about 80% and in the summer they run 90%. This year the oil companies projected that people are going to drive less this summer so that stayed at 80% so profit would not be lost. We have huge problems today and it is call "We the People" turning into "We the Corporations" This country was built for the corporations to serve the people first by providing the best product possible, not to serve the shareholders first. But then again corporations are not people and do not have feelings.

Answer 3

The real reason is oil futures. The price of oil products like heating oil and gasoline are almost totally controlled by the futures price of sweet light crude. When people want these futures, the price rises. When people don't, the price falls.

The only other appreciable source of cost for gasoline and heating oil are taxes.

Oil revenues are actually only a minor cost. Most of that profit is reinvested into research that keeps the price of gas low.

Answer 4

The big oil companies have the prices so jacked up because they know the consumers have to have gas, have to, so why lower it down.

Answer 5

There is nothing we can do. Bush family is involve in oil business. He wants a war, so he can charge more on oil. We need it and there is no alternative. Oil business is a monopoly.

Answer 6

So the guys at Exxon Mobile can afford 300 million dollar boats and 50 million dollar mansions.

Answer 7

, because OPAC wanted to raise the price of oil and they did .

Answer 8

the oil coutrys and the oil companies are gready.

Answer 9

Because our government seems to be screwing all the people it can get away with.

Answer 10

politics