I was just wondering what excuse anyone might have, other than oil companies making huge profits, why gas prices are still so high considering we are having one of the warmest winters on record so far.
2007-01-04 14:54:21 · 11 answers · asked by asolare123 1 in Cars & Transportation ➔ Other - Cars & Transportation
Greed, pure and simple.............GREED
2007-01-04 14:57:11 · answer #1 · answered by guru 2 · 0⤊ 0⤋
Demand rises. And will constantly keep rising given that the world's population is growing exponentially. A few months ago the average gas price dropped to as low as $2.05 a gallon down from the $3.00+ it was averaging earlier. Then the OPEC companies decided to reduce supplies = the steady increase of gas prices even through a very mildy warm winter.
2007-01-04 18:06:55 · answer #2 · answered by aznraiden 1 · 0⤊ 0⤋
I think it has more to do with the Christmas Holiday season, the gas station's and oil company's usually jack up the prices during long weekend's or holiday season as they know many people will be travelling out of town.
Thus, they usually jack the price up regardless of price. It is funny to see the prices we pay at the local gas stations are so much higher than what i pay with my card lock. Usually a $0.15 to $0.20/ liter ($0.60 to $0.80/gallon) difference.
That 2% for profit that you see at your local service station pump what a joke. The local gas stations always seem to bend you over as you fill your tank!
2007-01-05 03:59:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
while gasoline grew to become into $4 a gallon over the final 6 months of the Bush administration......i offered a 40 two miles consistent with -gallon Harley, and that i've got beeen giving the oil companies the finger ever considering the fact that.....
2016-11-26 20:18:15 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Supply and demand regulate the price of any commodity on our precious planet. If we reduce the demand, the supply will increase and the price will drop. So, lets collectively reduce the demand. Lets show the oil suppliers that we are in control of the prices, not them.
2007-01-04 15:21:01 · answer #5 · answered by michael7591 2 · 1⤊ 0⤋
Did you know that roughly $.09/gallon is profit for the oil companies? the rest is cost and GOVERNMENT REGULATION. The GOVERNMENT is the real profiteer from gasoline sales. So why not call your congressman and ask?
2007-01-04 15:03:38 · answer #6 · answered by Anonymous · 0⤊ 0⤋
It's a good thing that prices are high, because if they were any lower, we'd waste even more than we are now.
When people talk about supply and demand, that's what they mean. The price is high because we are burning way, way too much.
2007-01-04 15:56:08 · answer #7 · answered by Firebird 7 · 0⤊ 0⤋
Because of the theifs in the oil industry and the greed of our governmental officials
2007-01-04 15:02:22 · answer #8 · answered by Anonymous · 0⤊ 0⤋
OPEC wants more money in their pockets.
2007-01-04 15:12:44 · answer #9 · answered by Bill S 6 · 0⤊ 0⤋
pure and simple
2007-01-04 19:32:23 · answer #10 · answered by Sonu G 5 · 0⤊ 0⤋