If the big oil companies candictate high prices for gasoline,why were gasoline prices so low from 1985 to 2000

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If the big oil companies candictate high prices for gasoline,why were gasoline prices so low from 1985 to 2000

I especially want to see the answers from those who don't trust the oil / gas industry, but of course it's best if everyone answers.

2006-10-07 08:44:55 · 2 answers · asked by ? 6 in Business & Finance ➔ Corporations

2 answers

Surprise.....Oil companies do not dictate gasoline prices. Oil futures, supply and demand, as well as speculation cause gas prices to fluctuate wildly in the last tow years...the threat of war, hurricane...and you name it.

2006-10-07 08:52:53 · answer #1 · answered by Anonymous · 1⤊ 0⤋

supply and demand

2006-10-07 15:47:11 · answer #2 · answered by Albert H 4 · 1⤊ 0⤋