And dont say supply and demand. Recent reports are that inventories have been increasing more than expected.
So now that the elections are over, the oil party has failed, why are the prices going back up?
2006-11-22 06:37:17 · 14 answers · asked by RustyOwls 3 in News & Events ➔ Current Events
because they are still in office! so nothing is getting done [literally]! and they want to make money before they have to go and the economy collapses just like Enron! and next year the economy will be bad as you own personal fiances that is if you are the kind of person who does not pay your bills, so you can just imagine what its like to finally try paying off a trillion dollar credit card bill!
2006-11-22 06:39:20 · answer #1 · answered by Anonymous · 3⤊ 0⤋
The greed of the oil companies. Have you ever noticed how frequently the price of gas changes? At least 3 or maybe 4 times a day. Did you know that most gas stations fill up their storage tanks once a week? Why, then, do gas prices fluctuate so dramatically and frequently? Greed is the only answer I can think of, though I'm open to other answers. The price of gas is fixed according to the fluctuating price of crude, not to the actual cost -plus a small profit- of the fuel supplied. The governments may not call this price gouging and price fixing, but I sure do. Don't you?
2006-11-22 06:51:08 · answer #2 · answered by utuseclocal483 5 · 2⤊ 0⤋
It is part of the overall plan for America. We have to keep OPEC happy or else they will shut down the flow of oil, plus as you said the oil party lost. I don't know if you noticed but the reduced gas prices had a direct impact on the stock market. Personally I think we have people in high places that are controlling the economy with oil prices. If gas goes up another 20 cents per gallon the stock market will fall and everything will stay the same, just the way they want it. The last thing they want to see is a booming economy with a surplus of manufacturing jobs. They would rather ship as many jobs as possible over seas and keep the general population afraid for their well being.
2006-11-22 06:48:46 · answer #3 · answered by snowstalker06 1 · 2⤊ 0⤋
The elections are over, the gas companys just today report a high level of storage
2006-11-22 11:33:07 · answer #4 · answered by xyz 6 · 0⤊ 0⤋
Because the gas companies have their man in office and can manipulate prices without fear of the government coming down on them. Remember that Bush is a Texas oilman.
2006-11-24 06:44:49 · answer #5 · answered by COACH 5 · 0⤊ 0⤋
Because the Jackass we have in the White House allows these oil companies to gouge the American people whenever they want. Right now it's the holiday season.
2006-11-22 06:45:40 · answer #6 · answered by brioma33 3 · 4⤊ 0⤋
Supply and demand, holiday travel. Notice how it will come back down. Supply & demand. Demand & supply. Supply AND demand. Or Pelosi did it.
2006-11-22 08:58:13 · answer #7 · answered by Mr.Wise 6 · 0⤊ 0⤋
Because the elections are over and the republicans are mad!!!! Did anyone notice that they went down right before the elections, early october....and then started going up immediately after the elections...
conspiracy....NOT
2006-11-22 06:45:02 · answer #8 · answered by Angelwhispers27 3 · 2⤊ 0⤋
during the Holidays the price always goes up.....OR maybe the party that failed was NOT indeed the **OIL party**
2006-11-22 07:42:35 · answer #9 · answered by sosickiam 4 · 0⤊ 0⤋
holiday traveling season could be a reason, politics has a hand in things. well around our way ive seen it at 2.19 and 2.25
2006-11-22 06:46:03 · answer #10 · answered by MiaDiva28 6 · 1⤊ 0⤋