2006-08-01 16:48:14 · 7 answers · asked by Anonymous in Cars & Transportation ➔ Maintenance & Repairs
Because the CEO's of gas companies find the littlest excuse to boost them up.
Hurricanes are predicted to hit the East coast again this season? Hey, let's boost the price up to $105.50 for a gallon!
Political instability in Iraq? Let's boost it up to $245.00 for a gallon!
Okay, so may be those were exaggerations. But the point remains; it all boils down to greed and the lust for money.
Just my opinion,
Robert
2006-08-01 16:58:48 · answer #1 · answered by Oklahoman 6 · 2⤊ 1⤋
Because the United States depends on foreign oil too much! Exxon made a record profit of 10.7 billion dollars this year. You know why? Because we pay 3.00 a gallon, for a product that is tightly controlled, when there is a surplus. I say take that 10.7 billion and use it to develop electric vehicles that are self replenishing. Not half-rearend hybrids, that I think are useless, full electric vehicles. No charging needed, just drive it and the rotation of the electric motors could not only drive the vehicle, but regenerate the power supply as well. Know why we don't have a technology like this yet? Because oil execs don't get rich and give big kickbacks to government for this type of technology! All this research into hydrogen powered vehicles is useless. Know what it takes to turn hydrogen into a fuel source? Fossil fuels, that's right! Turn one dependance right back on itself. You know how every once in a while you hear a story about an inventor that developed an automobile that gets a 100 mpg on pig manure, or 200 mpg on pure water, only to never hear it ever mentioned again? Do a search on Google, you will see what I mean. No money to gov't from pig crap or water, free energy for everybody, no money to the man upstairs. Plenty of profit on fossil fuels though, everybody needs gasoline.
2006-08-02 00:04:38 · answer #2 · answered by yugie29 6 · 0⤊ 0⤋
gas prices are a result of many reasons... there is a high demand of it around the world. its the summer driving season. there are different additives that different cities use( like a difference in NY gas vs. LA gas) there isnt much fuel effiecent cars, and many others. if you want to help, tell a person you know whos the only person in a suv to consider selling it for a 4 cylinder cars. like when i switched from a VR6 which got 15mpg in the city to a mitsubishi eclipse with the same power with 23mpg city. so less demand= less price. more demand=more price.
2006-08-01 23:57:22 · answer #3 · answered by Jonathan R 2 · 0⤊ 0⤋
Other countries (China, India) are using more 5x more gas than they were using just 5 years ago.
War in the middle east where most of our gasoline comes from.
Israel is causing havoc which increases the tension between countries with fuel and the US.
Most countries with gasoline such as Venezula don't care for capitalism, and don't want to ship gasoline to the US.
2006-08-01 23:55:08 · answer #4 · answered by hsueh001 5 · 0⤊ 0⤋
Simple supply and demand, stop driving your car. :)
The goverment should promote small dorms or studio apartments close to work. People in cities with no mass transit could walk to work.
2006-08-01 23:57:16 · answer #5 · answered by Wizzerd 3 · 0⤊ 0⤋
Probably because we are trying to steal it remember...Isn't that what happens when you steal oil...you end up paying 3x what you were before you stole it....by the way...I'm being sarcastic...
I just dont understand why people think we are at war to steal oil...It doesnt make any sence..
2006-08-02 00:01:29 · answer #6 · answered by quarterback 2 · 0⤊ 0⤋
People keep paying whatever the big oil companies decide to charge.
2006-08-01 23:55:16 · answer #7 · answered by carl l 6 · 0⤊ 0⤋