just like to no something ok , last year gas prices went up about .25 cents in one day becuase of a hurricane , can someone explain to me why this was not a factor 5-10 years ago and now is ??? ( also not excluding the people who live in gulf area i feel sorry and pray for you )
so pls explain to me why its a factor now ? and not 5-10 years ago or ever ?
2006-08-02 03:47:07 · 8 answers · asked by jamietogood 3 in News & Events ➔ Current Events
It is a major crock! They'll use whatever excuse they can to raise the prices.
2006-08-04 10:49:46 · answer #1 · answered by pottersclay70 6 · 0⤊ 0⤋
Greed. Plain and simple greed. Why would a hurricane affect gas prices at all since it takes 6 weeks to get gas from the refineries to the pumps, which means by the time the storm hits, gas that they are increasing in price, has already been processed an in storage or on route for several weeks. And why does it not affect the price of motor oil? These large companies simply use the storms as an excuse to set prices how ever they want. Do you think its fair that we are paying the highest prioces/gallon ever at the same time the CEO of Exxon is announcing the highest quarter profits of any company in US history? Before Hurricane Katrina, gas prices were at something like $2.25/gal. during the storm and immediately after they used the excuse of having to close refineries in the Gulf (even though gas was already in the pumps) to jump prices up over a dollar a gallon. they did this so that when they dropped it back down to $2.95/gal, you were just apply that you weren't paying over $3. You have been manupilated, America and it will continue to happen until we force our government to do something about it.
2006-08-02 11:00:14 · answer #2 · answered by rahkokwee 5 · 0⤊ 0⤋
it's all about brainwashing you and making more money. It's a business, man, and the Oil companies want to make a ton of money. The gulf coast has about 5% of our oil supply; the gas prices shouldn't go up. Oil companies use the media to market excuses so you and everyone else goes to the pump thinking that you're paying a reasonable price because of a little wind and rain in the south.
2006-08-02 10:53:18 · answer #3 · answered by blackknightpictures 4 · 0⤊ 0⤋
The oil prices are going higher because there's less of it. It's not only the hurricane's. I'm in FL, I got hit 3 times last year, they went up pretty high, but now even higher because of the war in the Middle East. (Supposedly said $4.00 for Reg.)
2006-08-02 10:52:40 · answer #4 · answered by AliaWasabi 2 · 0⤊ 0⤋
Because we have more people in the US now. I plan on filling up mine this afternoon after work before prices start to go up again...they are at $2.89 at my gas station right now.
2006-08-02 10:52:14 · answer #5 · answered by aloneinga 5 · 0⤊ 0⤋
Hey mate Gas is still cheaper for you than for us in the UK the moment it is £5 a gallon which is about $8.50cents for you
2006-08-02 10:54:50 · answer #6 · answered by Alik411 3 · 0⤊ 0⤋
here its ok with gas prices .. and last week govt reduiced the gass price by 4 percent ...
2006-08-02 10:55:58 · answer #7 · answered by naveed.ahmad 2 · 0⤊ 0⤋
because we got prez. bush
2006-08-02 10:50:49 · answer #8 · answered by A.Marie 5 · 0⤊ 0⤋