Ideas anyone????
2007-02-08 19:02:22 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Well, first of all, what standard are you measuring gas prices? Compared to most other developed countries, our gas is very cheap. Most of Europe have prices twice as high as America. For instance, the Netherlands sells gas for over $6 a gallon.
And how about in comparison to the past? Since 1918, gas has stayed between $2 and $3 a gallon with the exception of the time between 1985-2000. So, current prices are pretty much in line with historic prices, if adjusted for inflation. Also, if you adjust for our increased average incomes and our more efficient vehicles, gas prices take a smaller bite out of our salaries than ever.
But, if you really want to complain about gas prices, the obvious culprit is the government. The federal government taxes us at about 19 cents per gallon and states range from 10 to 33 cents per gallon. Without taxes, the average gas prices in America would currently be $1.98/gal.
2007-02-08 19:23:27 · answer #1 · answered by Zachary F 2 · 0⤊ 0⤋
Refining gasoline takes time and special equipment located in only a few places. The price of gasoline is tied directly to the availability of this refined gasoline. Market shortages of crude should not effect the price of gas at the pump for months, yet it happens suggesting market collusion/ corruption.
2007-02-09 03:11:37 · answer #2 · answered by Billy Dee 7 · 0⤊ 0⤋
Take some money out of your pocket and invest it in oil. Then you will be happy about the price. Advise is the only thing I've found from time to time that is free.
2007-02-09 03:14:21 · answer #3 · answered by OU812 2 · 0⤊ 0⤋
Greed
2007-02-09 03:12:03 · answer #4 · answered by Chris B 4 · 0⤊ 1⤋