What role does the US play in the price of crude oil?

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What role does the US play in the price of crude oil?

2006-10-18 08:56:58 · 3 answers · asked by kstrong2484 1 in Education & Reference ➔ Higher Education (University +)

3 answers

Very little, where we effect the price is gasoline, that is because we give billions of tax dollars to the oil refiners. You can add about 5.00 to every gallon to know what we would pay if there wasn't corporate welfare.

2006-10-18 09:04:20 · answer #1 · answered by Kelly L 5 · 0⤊ 0⤋

As the biggest consumer of oil as a country, it affects the supply side of the dynamic.

2006-10-18 16:04:51 · answer #2 · answered by smoothie 5 · 0⤊ 0⤋

SUV DRIVERS and one per car drivers= all!!!

2006-10-18 15:59:14 · answer #3 · answered by Karrien Sim Peters 5 · 1⤊ 0⤋