I beleive this war stuff is acover up because it would be high everywhere it is the cheapest as far as i know in the South.
2006-08-29 15:08:17 · 7 answers · asked by MOTHERTONI 1 in News & Events ➔ Other - News & Events
Ever rising global demand with a supply that can't keep up. There used to be excess supply in the world system, but that is all being used today.
So, basic economics. When demand increases and supply stays the same, prices go up. Or when demand stays the same and supply drops (due to wars, hurricanes, mechanical problems) prices go up.
Hope this helps you understand.
2006-08-29 15:19:20 · answer #1 · answered by Anonymous · 0⤊ 1⤋
I think the root of the high price will lead you to who is causing it and who benifits for this high fuel cost.
Yes, there is a connection between the war/disturbance in the oil producing countries that causing the prices to go up.
Here in Iran, the cost of 1 liter of gasoline is 800 Rials = $0.04
Just imagine how much percentage more have been added up and is it fair to us.
2006-08-29 22:22:30 · answer #2 · answered by civilestimator 2 · 0⤊ 0⤋
Because the large gas companies know that we will pay for the price of gas no matter what they charge.
2006-08-31 00:46:36 · answer #3 · answered by Lani 2 · 0⤊ 0⤋
In the U.S. the differences in gas prices from state to state has to do with the sales tax in each state. A few states, such a New Jersey, still don't allow people to pump their own gas, thus a higher price.
2006-08-29 22:49:14 · answer #4 · answered by zippychippy 3 · 0⤊ 2⤋
Squeezing the consumers for extra money to fund their under the table ideas.
2006-08-30 19:26:25 · answer #5 · answered by narcisscus24 5 · 0⤊ 0⤋
Good news coming down lets hope it keeps up from 3.16 to 2.69 in my area in the last month
2006-08-30 11:44:59 · answer #6 · answered by Harry W 4 · 0⤊ 0⤋
Bcause of Politicians.
2006-08-29 22:15:46 · answer #7 · answered by nanrai18 5 · 0⤊ 0⤋