2006-08-09 05:12:36 · 7 answers · asked by mrstar4u2 1 in Politics & Government ➔ Civic Participation
goverment and you got to be rich to get it cheap!!!!!
2006-08-09 05:16:04 · answer #1 · answered by jamescoffman1978 2 · 2⤊ 3⤋
The majority of our fuel comes from other countries. Getting it out of the ground and getting brought safely here (because of the war) can raise cost. The fuel that we do get from our own country has had its own issues. One, the largest rig in the gulf was knocked down during hurricane Katrina and now the Alaska pipeline has been damaged due to corrosion from Carbon Dioxide. All these things have raised and will raise the price of crude oil, which in turn, will raise the price at the pump.
2006-08-09 12:22:48 · answer #2 · answered by free_lancer14 1 · 0⤊ 0⤋
The old supply and demand rule, as well as future prediction premium. Take out the futures and you are left with about $40 - $50 per barrel. The futures are adding a premium of $20+.
2006-08-09 12:17:58 · answer #3 · answered by EDDie 5 · 0⤊ 0⤋
cause the oil is being leaked out of alaska it was on the news just recently
2006-08-09 12:15:45 · answer #4 · answered by mom of 2 2 · 0⤊ 0⤋
because someone wanna get rich out of the price spikes
2006-08-09 12:17:50 · answer #5 · answered by KingRichard 6 · 0⤊ 0⤋
beacause america is not the owner of the global market. government has nothing to do with it.
2006-08-09 12:28:15 · answer #6 · answered by Anonymous · 0⤊ 0⤋
over consumption and scarcity
2006-08-09 12:15:39 · answer #7 · answered by Anonymous · 0⤊ 0⤋