Not cheap for us. We U.S. are not socialist you have to pay for your Dole system and socilisted medicine in other words support the have nots and the ones who want to live off your labor.
2006-08-14 15:06:36
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answer #1
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answered by retired_afmil 6
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This one is touchy, but here's my half-litre's worth of opinion, although it may not exactly answer the question.
I think in the beginning of internal combustion engines, and the development of the automobile, no one was able to fully envision how critical gasoline would be to the future of motoring.
Even famous rich misers like John J. Rockerfeller (and J. Paul Getty), who saw great potential with oil refineries, were short-sighted when it came to the potential earnings power of gasoline. They saw (and made) huge fortunes in it, but didn't come near the mark of what might have been possible.
So from the beginning, America was "locked into" affordable gasoline from the failure of business to exploit it more, when motoring took off rapidly in the early 20th century, and expanded quickly among the common man, moreso than in other countries.
Later, when refined gasoline became more commonly available around the world, "big oil" had started to figure it out that they could charge more, and did so, under the guise of "economies of scale," or lack thereof.
I observed in the 70s how a "gas shortage" in the US hiked prices up well beyond what people were previusly accustomed to paying, and then NEVER returned to their previous levels. Afterall, why should they? I mean, if people will pay the higher price, why sell at a lower one?
I have been watching this pricing phenomenon with interest for a long time, as I believe that "big oil" has conspiratorily been trying to figure a way to get Americans to pay the same for gas as other countries do.
And it's now closer than ever.
With the average price of gas in the US at over U$3 per gallon, they have set a new precedent to see what Americans would do about it, and as expected, they do nothing. Think about it; if someone will pay U$3 per gallon, why not U$3.06? and if U$3.06, why not U$3.16? And so on and so on...
In my opinion, I think the American public will accept prices just under U$3.50 per gallon - at present. And it will take a little while to get it to a new high mark. But not all that long.
When people become accustomed to prices as they are, high prices no longer seem abnormal, so after that happens, the process can be applied all over again, and again, and...
I believe that in well less than 10 years (if the world survives that is...), gasoline prices in the USA will have reached parity with the rest of the world.
Imagine something like this, gasoline sells for U$3 per gallon and it raises to U$3.50. Perhaps some will curtail their driving, but in the overall, the increase will well more than cover any loss from a reduction in driving, and even render additional new profits. Plus, some driving operations like transportation, cannot curtail services.
Here's another example; imagine gas prices increase by 20%, which causes a 6% decrease in driving. Despite a reduction in driving, there is still a 14% increase in gross revenues.
My ranting theories may seem simplistic, and surely many other elements come into play, to set prices as they are, but I'm pretty certain that this is a reasonably accurate and unvarnished view of the underlying cause.
2006-08-14 16:08:22
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answer #2
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answered by Anonymous
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Cheap?!?! It's going up to $3 a gallon in some places. Something to look forward to when I get my driver's license....
Still, I don't know how much a pound is worth in American dollars, but if I'm gonna drive around anywhere, it'd probably be limited to good ol' America. I've been to Canada and the taxes there are atrocious. Don't know what the situation is in UK, but if you're complaining about the UK, well... like I said, I'd probably stick to America.
2006-08-14 15:00:44
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answer #3
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answered by ATWolf 5
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I feel your pain, however, don't feel bad, our country like yours is screwing us (sheeple) too, in the form of Taxes. As the saying goes: "You Get What You Accept... If you want to see what a country charges for a Gallon of Gas, do a Yahoo search on World Gas Prices. As far as cheap goes, Hugo Chaves has everyone beat @ .12 cents per gallon and yet, everyone says he's a bad guy... My doubts are being confirmed on who the bad guys really are???? Time for Americans and other countries to get their brain brushes out of storage and start critically thinking, before it's too late... Have A Great Day!
2006-08-14 15:31:56
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answer #4
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answered by M P 1
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Our gas is NOT cheap. It's three times as high as it was about 9 years ago when I started driving. I remember that it was less than it is in the UK and Ireland in 1999, though. Gas isn't cheap here at all... in fact, it is so expensive that radio stations give gas as contest prizes now.
2006-08-14 14:56:43
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answer #5
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answered by ? 3
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I personally have accepted the fact that the price of gas has gone up. It is fact that it takes $75.00 to fill the tank and my truck. I'm not going to complain because I choose to drive the truck when I could drive my two seater.
I beleive our gas is so cheap because contrary to the beleif of most Americans, we have A LOT of oil.
2006-08-14 14:58:54
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answer #6
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answered by Sean P 2
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Our gov't doesn't regulate our lives as much as the UK.
Price of gas is the same everywhere, except for the amount of taxes layered on top of it by the gov't. Your gov't makes more on gas than the oil companies do (so does ours, btw).
2006-08-14 14:59:35
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answer #7
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answered by TheSlayor 5
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its a combination of factors not the least of which is that our taxes are lower. Still the largest percentage of the fuel price is taxes.
Next is availability, we have more fuel available due to a market forces and the futures market.
Still, we could do better if the gov. would get out of the way of drilling and refinery building.
2006-08-14 14:58:35
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answer #8
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answered by Archer Christifori 6
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well, Americans not only import gasoline; we also have some reserves ourselves in Texas. However, it isn't enough for all American citizens. Another reason for low prices is because of our economy. Gas companies compete for customers. By the way, gas prices in America are going up.
2006-08-14 14:57:51
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answer #9
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answered by starrchick101 3
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Somehow we negotiated a good deal with the very profitable oil companies. My guess is that there are huge taxes on oil. Usually imposed by the National government to improve the public transit system.
2006-08-14 14:58:18
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answer #10
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answered by pukcipriavroc8v 4
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