Actually, the question should be, "Why did we trust our country and economy to two men who directly profit from shifts upward in the cost of fuel?". I used to be a Bush fan until it became obvious they are not in this for OUR interest but in their own.
2007-03-08 06:36:19 · 9 answers · asked by eglooney 1 in Politics & Government ➔ Other - Politics & Government
Every year at this time we have to change from High Reid Vapor Pressure to Low Reid Vapor Pressure. In the winter you can add butane and other products to gasoline because it's colder and not as much vapors come out. In the summer, starting with April delivery contracts the butane, etc. have to be removed. Low Reid Vapor Pressure gasoline costs more to produce. You lose about 8% of gasoline production because of this. It's all about supply, demand and the environment. Also OPEC sets the prices on crude oil. The Bush Administration does not!
May God Bless you.
2007-03-08 06:52:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It would always be nice to place blame on the administration, no matter which party is in office; however, the rise in prices only means that the price of 'crude oil' is rising again.
Sometimes I think also, that the fluxing of the stock market, which has been occurring, also plays a viable role in this. Every time Wall Street is messed up, so are the prices for gasoline.
Also, there are many oil companies, like Exxon who are investing in new ventures to extract gasoline products from switch-grass, corn and others, and the new processes are costing very big bucks because of the equipment needed to purify what's being extracted so it can be burned in an engine without any harmful effects. So, these new processes being a goal of the government because of the 'global warming issue', the oil companies will most probably be raising prices for some time to come. Right now it's costing $1.18 per gallon just to get it out of the purification system just for ethanol. Take that an put on the taxes, payrolls, bennies and any profits just for starters and it really jacks the price up.
2007-03-08 14:48:39 · answer #2 · answered by chole_24 5 · 0⤊ 0⤋
Oil prices are spiking. Why? It is a question of supply and demand. The demand for gasoline is extremely high because of the number of cars we have and the types of vehicles....SUVs, trucks, etc. Gas guzzlers. However, to be even more candid, the price for gasoline is rising because the oil companies have a monopoly on gas and they set the prices where they want them to be. Of course our government is doing nothing to stop them and will not do so until the numbers show that our economy is in a downturn and then watch the prices go down. People should make every effort to cause the economy to show negative numbers. Do not drive unless absolutely necessary. Don't buy anything during the month of March. Eat in. Let us cause the economy to turn downwards.
2007-03-09 02:00:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Coincidence?
Bush's family directly profits on oil. The above poster is either a total moron, or purposely left that part out.
Cheney was the CEO of Haliburton and obviously received kickbacks from them still. Haliburton gets uncontested bid, one after another.
So gas is astronomical and there's a war. I don't find that coincidental and quite sickening actually.
Bush's have been in control of the white house for 12 of the last 16 years. It's no coincidence gas is so high, hydrogen projects cannot find funding, and Haliburton makes billions off this war.
2007-03-08 14:47:42 · answer #4 · answered by Anonymous · 1⤊ 3⤋
Yeah its true but the lesson everyone needs to know is Representative Government needs to be ended eliminating this role of the few with rule & control. Just in case blame is attempted to be put solely on the Democrats, USA is already insolvent http://www.financialsense.com/fsu/editorials/martenson/2006/1217.html
2007-03-08 14:39:56 · answer #5 · answered by bulabate 6 · 0⤊ 2⤋
why do you leftists lie all the time? you never supported Bush, and he owns no open stock in any oil company, got it?all his holdings are in a blind trust just as Bill Clinton's were
2007-03-08 14:40:50 · answer #6 · answered by kapute2 5 · 2⤊ 4⤋
ooooooooh!...You just noticed that two years into the second term?
Good for you!
2007-03-08 14:48:42 · answer #7 · answered by u_bin_called 7 · 0⤊ 0⤋
I'm sure they will blame it on the Democratic Congress...
2007-03-08 14:40:10 · answer #8 · answered by Groovy 6 · 2⤊ 2⤋
You're paranoid.
It just happens to be coincidence....................
jbare- sarcasm doesn't translate well over message boards, hence the ".....".
2007-03-08 14:41:25 · answer #9 · answered by davethenayber 5 · 1⤊ 2⤋