2006-08-04 11:48:57 · 7 answers · asked by chica 1 in News & Events ➔ Other - News & Events
Complaining doesn't do any good. Congress makes a big to-do about it every time it happens. They're going to hold hearings and grill the oil company executives. Yadda, yadda, yadda!! Nothing ever comes out of it. The oil companies continue to make billions of dollars in profits while those of us on a fixed income have to choose between eating and driving our cars and heating our homes. We're paying over $3.00/gallon at the pump. Our home heating budget payment increased $80/month for the upcoming heating season. That's a 68% increase over last year.
2006-08-04 12:45:39 · answer #1 · answered by celticwoman777 6 · 1⤊ 0⤋
Who says we're quiet about it. I know people in America that are addicted to Oil. There are always a few of rotten apples at the bottom of the barrel... of oil.
Gouging is reported as soon as possible. Otherwise why would it make the news reports, almost daily. There's logic for your question on $$$ gouging.
Profit? Have you traveled lately? Try tanking up in Canada. And remember the sales there are metric, liters. This is approximately 4.75 liters to the gallon. It bites the pocket book in many other countries.
Economics is very difficult to understand. It takes hard study work to master it.
2006-08-04 19:36:24 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Because it has been proven they haven't done price gouging. It's called supply and demand. The profit margins are less than many other different types of business. They also pour more money into exploration and research and developement than any other industry.
If not for tree hugging whining liberals, the USA would allow them to build more refinerys. Last one built was in 1977. They don't have extra refining capacity. Tell the US drivers not to use so much, we haven't reduced our gas usage, in fact it is higher than ever.
Like I said, "Supply and Demand".
2006-08-04 19:18:15 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Unlike the days of old, America now know that big government is with the Big Oil, and there is nothing they can do about it.
2006-08-04 19:09:21 · answer #4 · answered by timer 3 · 0⤊ 0⤋
because big oil controlls bush;'s brain, and they want to stay out of the lime light.
2006-08-04 19:46:07 · answer #5 · answered by NNY 6 · 0⤊ 0⤋
you live in america right?, oil is not expensive here, go to england and you will see expensive oil.
2006-08-04 18:54:30 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Because your state is making big bucks on taxes.
2006-08-04 19:43:10 · answer #7 · answered by Anonymous · 0⤊ 0⤋