Im in the position to know. They could make a dramatic drop if they wanted to.
2006-08-02 05:06:44 · 9 answers · asked by mace1990 1 in Business & Finance ➔ Advertising & Marketing
Most definitely. The oil companies are intentionally keep gas prices high to get every cent they can from you.
2006-08-02 05:34:15 · answer #1 · answered by 4XTrader 5 · 4⤊ 0⤋
I agree gas has jumped dramatically in price in recent years. Believe me it's hit my wallet too.
But just for argument sake, take a look at the gas prices 25 years ago. Then take a look at the income, cost of living, etc.
Now take a look at income, and price increases for other consumer items.
Take into account inflation percentages.
Compare that percentage to the increase in gas prices.
Or you could take a look at the prices of gas in England or Australia.
Considering the amount of gas our country consumes...it could be worse.
No I don't work for Exxon, et. al. and yes I would enjoy cheaper gas. Just trying to shine light on all aspects of this issue.
2006-08-02 12:15:17 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Then lower the prices, if you really do have the position. ALot of people are going to become bankrupt if the gas prices go any higher!
2006-08-02 12:10:58 · answer #3 · answered by chipsky_luver 2 · 0⤊ 0⤋
I'm under the impression that they raise gas prices to appease the stock holders. After all, unless prices rise they won't make profits and will find other ventures to put their money towards. ;o)
2006-08-02 12:11:37 · answer #4 · answered by mtngrl7500 4 · 0⤊ 0⤋
Honestly, does it matter? The gas price has stayed way under the inflation rate for so long. It was bound to catch up to us.
2006-08-02 12:11:33 · answer #5 · answered by Jake 'N' Shakes 3 · 0⤊ 0⤋
Yes, those greedy basturds want to squeeze every penny they can from every person thay can, just to fill their bank acconts.
2006-08-02 12:11:32 · answer #6 · answered by Hickemtwiddle 4 · 0⤊ 0⤋
hey, why should they? its a free enterprise society. they can sell gas for as much as they want to, right?
another reason for me to ride my bike.
2006-08-02 12:11:13 · answer #7 · answered by brainlessbandit 5 · 0⤊ 0⤋
i'd be wiiling to bet a dollar to a virgin doughnut that EVERYONE knows they are lying.
2006-08-02 12:13:10 · answer #8 · answered by slabsidebass 5 · 0⤊ 0⤋
I don't have proof but the evidence is overwhelming.
2006-08-02 12:10:34 · answer #9 · answered by scruffy 5 · 0⤊ 0⤋