Outline
2006-08-22 16:09:13 · 8 answers · asked by one_bad_foxbody 2 in Society & Culture ➔ Other - Society & Culture
because of the scarcity of oil plus the war in iraq
2006-08-22 16:11:17 · answer #1 · answered by Sam 2 · 0⤊ 0⤋
There is no scarcity in oil, in fact they claim we have enough oil in northern Canada to last 10 billion years.
The real reason for gas prices is this. Take a good look at who's in the White House. Cheney and Bush ARE OIL GUYS!! Cheney has investments in Halliburton (which coincidentally got a no bid multi million dollar contract for Iraq) and was CEO. Bush was head investor of Arbusto oil (until he scammed some of the investors and was investigated) he also has stock in Imperial Petroleum.
Ever notice that whenever an oil guy gets into the White House (Bush 1, Cheney, Bush 2) gas prices sky rocket and we some how find ourselves at war with an oil rich country? I'm sure it's coincidence.
And don't let some of these idiots fool you. It's not that we're not producing enough oil to meet demands. Clinton wasn't in office to long ago and I was paying $1.50 a gallon. You mean to tell me the whole world is using twice as much oil? Even now a days we have hybrid cars and vehicles that shut off half your cylinders that you don't need to save on fuel. In fact vehicles now a days get better gas mileage then when Clinton was in office and that was only 5 years ago.
People are doing more car pooling and less driving. Don't listen to that there is a bigger demand bull crap. And we have enough oil to last billions of years. IT'S THE OIL GUYS.
2006-08-22 23:23:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Summary: Because you will pay
There is more demand for oil & gasoline each year and supply is not increasing as fast. Therefore, gasoline is scarce. This makes it a seller's market, and the sellers can set the price they want.
Consider the analogy with housing. When housing becomes scarce, it moves to a sellers market and home sellers raise their prices $10 to $15 thousand. This is because even at the higher price, they know someone will come along and buy it. Same with gasoline. Companies raise the price and yet, people still come along and pay.
By the way, the guy above is wrong. Most oil in the USA comes from:
1) USA
2) Canada
3) Mexico
2006-08-22 23:15:50 · answer #3 · answered by sara 1 · 0⤊ 0⤋
Whenever there's a war in the Middle East the gas prices rise because thats where most of the oil comes from...
2006-08-22 23:15:46 · answer #4 · answered by ShaH 6 · 0⤊ 0⤋
GREED. There is no scarcity of oil. Gas is about 15 cents a gallon in Venezuela. If they would open up the Alaskan oil fields to drilling, gasoline would be less than $1 a gallon for us in the US
.
2006-08-22 23:19:06 · answer #5 · answered by Traveler 3 · 0⤊ 0⤋
Check newspaper articles and watch the news to reference from. I don't know which side you'd be on, but I'm sure they all point towards one problem.
2006-08-22 23:11:36 · answer #6 · answered by dluke68502 2 · 0⤊ 0⤋
because someone thinks they need more money than they already have .
2006-08-22 23:13:43 · answer #7 · answered by chotpeper 4 · 0⤊ 0⤋
it has to do with the war overseas.
2006-08-22 23:15:07 · answer #8 · answered by Anonymous · 0⤊ 0⤋