who do you blame fro the high gas price in the country?

Question

oil nations like nigeria or oil compines like BP or the goverment. explian your answer

Answer 1

If the cost of a barrel of oil was at record highs, one would think that it would be putting a squeeze on the profits of the refining companies. But instead they are making record profits. The only conclusion is that they have taken advantage of the situation to raise prices, and since we're willing to pay, we are complicit in our own gouging.

Answer 2

Well for one the Government is getting richer from higher proces cause the democrats shot down a bill that would raise thier taxes on these large profits, the government only gets so much per gallon tax so the less you buy and burn the less they get, you would have to say the Oil companies cause they are the ones buying and selling the oil while the Arabs in OPEC say they are not charging a hire price it is the market driving up the prices, they have said time and time again there is enough supply for demand and enough already in the world reserves to keep things moving..........

Answer 3

None of the above. The main blame is the American people due to supply and demand. If we could just cut down, then the companies would cut cost. Yes...they may be keeping their supply in the refiners a little low, but if we could cut back only 3% we could bring the price down at least 50 cents. Many of us know this, but we refuse to act. What would it hurt if we waited to go to the store after we had made a thorough list?....just wait a couple of days and get a few items instead of just running out spur of the moment every day for one thing at a time. That one change would be enough.

Answer 4

Think on these things:
- If it cost so much to research & whatever, according to the oil companies, why are they posting record profits
and
- Both our Pres & VP are oil men.
Don't for a minute think they are not making out like bandits in all this, and that the war in Iraq is for anything other than the almighty oil $$.

Answer 5

Well, if you think the US is high...don't travel to Europe...
But, here, you can blame the oil brokers who set the high barrel prices, the gas companies who push that up even further & make some of the highest salaries is the US, the politicians who tax us to death, & finally, 98% of the SUV owners who have no real reason to own the gas guzzlers they do, & then ***** about the prices.

Answer 6

It's the law of supply and demand. As Americans we demand oil and they sell us this crap at the highest price they think they can get. A price that low incomers can barely afford and rich people have no problem paying for, so the demand stays in place. Anyone that uses gas is responsible for the high price of gas. People who don't use gas don't care about the price of gas. Stop using gas and you wont care either. Got it?

Answer 7

There are plenty of directions to point fingers but consumer demand is my choice. Gas is a limited resource (for whatever reason) and like any limited product, the supplier can demand a higher price when demand is high. Supply and demand. Instead of conserving and sizing down to more efficient vehicles people choose to continue driving their gas guzzlers. There's no other way for prices to go but up.

Answer 8

Exxon-Mobil, BP, Shell, Citgo, Pride, Sunoco, Valero, Hess and any other big oil company. All post record profits, we all pay the price.

Answer 9

It's the oil companies. Tell me why in a period of shortage from the Katrina hurricane, that they posted a 15 BILLION dollar increase in profit.

Answer 10

Bush and the oil companies, yesterday a oil company did so well they gave all their employee's new cars, expensive one's or they could choose money instead. I am so happy I could give them all new cars! What a joke on all of us