2006-08-10 03:13:50 · 8 answers · asked by david c 4 in Politics & Government ➔ Politics
Did you know that Bush ran a couple of oil companies into the ground in the private sector?
2006-08-10 03:19:35 · answer #1 · answered by trevor22in 4 · 1⤊ 0⤋
THE wierd thing to notice is the price per barrel did not double .
WITH out adjusting the business models percentage to price ratio profits spiral and create inflation as over all cost of a single item increase the total price .
BY simply following price equations that do not deal with single event or single factors in cost increases profits dramaticaly increase as raw materials become more expensive .
2006-08-10 10:27:44 · answer #2 · answered by playtoofast 6 · 0⤊ 0⤋
gas prices, as well as other prices, have been on the rise for decades. Simple economics. More demand = higher prices.
we have plenty enough oil in this country to support ourselves for decades.. if only the left would allow us to tap these reserves, and maybe build some refineries, as the President has been trying to set forth.. maybe THEN the prices will drop.
Until then, get use to it.
2006-08-10 10:21:17 · answer #3 · answered by zeropointe01 3 · 1⤊ 0⤋
Wow, that's sooooo shocking!
Note: sarcasm
I remember thinking $2/gallon was too expensive. Now I'd do cartwheels.
2006-08-10 10:18:37 · answer #4 · answered by Pitchow! 7 · 0⤊ 0⤋
I guess he's taking a lot breaks on that oil platform...what kinda rough neck is he???? oh wait he's NOT. he's president of USA not president of OPEC
2006-08-10 10:20:24 · answer #5 · answered by Hando C 4 · 1⤊ 0⤋
There's not much anybody could do about it. No matter who was President they would have risen.
2006-08-10 10:20:30 · answer #6 · answered by basketball25 2 · 1⤊ 0⤋
gas prices have risen since Carter was president so he must be the reason why.
2006-08-10 10:17:34 · answer #7 · answered by W E J 4 · 1⤊ 2⤋
Yes... that thought has run across my mind.
2006-08-10 10:19:30 · answer #8 · answered by Answers Anyone 4 · 1⤊ 0⤋