News reports have stated a slight decline in crude prices, as well as higher inventories going into the heating season. Yet a gallon of regular in CA has gone up .30 cents in the last 2 weeks. WHY?
2006-11-14 03:49:25 · 11 answers · asked by Jt 2 in News & Events ➔ Current Events
Because the elections are over & holiday travel is getting ready to kick in. Prices are a joke. They tell you it's going up because crude oil is @ for example, $65/barrell. Than when they want to lower them due to political reasons they tell you it's going down because crude oil is now @ $65/barrell. If companies can make billions of dollars in profit for a quarter while the common man struggles to survive week to week something is horribly wrong or is it just me?
2006-11-14 04:03:24 · answer #1 · answered by Kwk2lrn 4 · 3⤊ 1⤋
UGH!! gas expenses are about provide and demand!! that is why "the cost is going up each and every April, is going down each and every August, back up a touch at Thanksgiving and yuletide ..." because even as human beings call for extra, and provide is low (because the greenies have not enable us drill our personal oil for decades!!), the cost is going up! peoplecontinual a lot extra in summer season and around the vacation trips. AND the gas organizations are literally not gouging!! sure, they are making "list earnings," yet that is because they are promoting list quantities OF gas!!!! they are making a similar quantity in step with gallon as earlier. in case you want to understand who's gouging - look on the authorities who's STEALING extra IN TAXES THAN THE OIL organizations MAKE, in spite of the particular shown actuality that the authorities DOES not some thing not some thing not some thing!! Why can't human beings get this by way of their heads?!! Why oh why oh why??!!!!! reliable Lord! AND WHY are not YOU indignant about the actual shown actuality that each and everything ELSE HAS lengthy gone UP IN value, also?! Huh? WHY?!! i will inform you why -- it is because the media really makes a speciality of gas expenses! in the journey that they concentrated on the turning out to be fee of bottled water (which, like gas, is likewise turning out to be), human beings will be barking about that! So why do not I listen every person say some thing reliable even as the cost comes down a touch? Hmmm? God help me, i'm soooooo unwell of listening to human beings whine about gas expenses!! yet then, you may't go through me, 'reason i'm unwell of listening to human beings bark and whine about each and every little project lately!! you've were given it fantastically G.D. reliable in this u . s ., dude!! fantastically reliable! Freedom, chance out the @ss, even the undesirable households contained in the U.S. are at a bonus than the undesirable in maximum different international locations! How about you try to take excitement in what you've! help meeeeeeeeeeeeeeeee!!
2016-11-24 19:19:21 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There are many factors involved in prices petroleum products. First it starts with OPEC. Any kind of speculation in the market will fluctuate the price, i.e., the Iraq war, change of power in our government, Iran's nuclear ambitions. Speculation is huge! Supply and demand are next and Thanksgiving is coming, a very busy travel time. Just remember our gas prices are amongst the cheapest in the world.
2006-11-14 04:00:45 · answer #3 · answered by Anonymous · 2⤊ 0⤋
higher inventories doesnt mean the price of gas for winter heating will go down. It could just mean we are prepared for a shortage.
Crude prices are down because we have not hit the cold season.
2006-11-14 03:52:28 · answer #4 · answered by leikevy 5 · 1⤊ 1⤋
well it;s all because of this real nice guy
named george bush.
now that the price of a litre of gazzzz stabalized
he was not making enough money to pay for his little war
so he let the U.S. reserves drop by 10 %,and since gas
prices and gas run on speculation not on true real value
some gass comodity brokers are trying to make a buck
by over quoting the price of gas - speculating that u.s. reserves will fall further to a lower level.
thus the price goes up.........
but the price of gas in canada was 68-75 cents
before the gulf war and hurricane damage...
it;s hovering around 87-91 in quebec,
due to the government of quebec and rip off gas producers
in ontario it is 10 cents a litre cheaper
thank you parti-quebeoiseau...........
2006-11-14 04:03:57 · answer #5 · answered by rottentothecore 5 · 1⤊ 1⤋
i dont know why in ca but ill say most likly the same reason as in mo. because people are wasting gas
2006-11-14 03:52:57 · answer #6 · answered by hello motherhood!!! 1 · 0⤊ 2⤋
Quite simple - because consumers are perfectly willing to pay higher prices.
If you want to protest, boycott all companies that sell gas!
2006-11-14 03:53:53 · answer #7 · answered by Sanmigsean 6 · 1⤊ 3⤋
It all has to do with politics and the rich oil people and their stocks.
2006-11-14 03:56:53 · answer #8 · answered by Anonymous · 0⤊ 2⤋
supply vs. demand
2006-11-14 03:57:03 · answer #9 · answered by Anonymous · 1⤊ 1⤋
It's California that's why
2006-11-14 03:51:49 · answer #10 · answered by DonkeyKong 1 · 0⤊ 2⤋