When the hell the gas prices will stop rising here in USA? I mean check this out when I came to US 10 years ago gas was 99cents per gallong now its $3.00 tripple that.So in this rate in ten more years we will be paying $10.00 or what.Can we do anything to stop this prices.What happened in the last ten years that gas prices went so up?People are not gonna be willing to take this much longer.
2007-03-13 07:59:33 · 7 answers · asked by vetal_2007 2 in Social Science ➔ Economics
When our "money hungry" government gets off their fat butts and start opening up our oil refineries here. It's all about the money. They make more of a profit from overseas oil. You should take a trip to Washington DC and watch them spending your hard tax dollars, discussing how to spend that money over their "overpriced" two-hour lunches. Thank you.
2007-03-13 08:48:46 · answer #1 · answered by cookie 6 · 0⤊ 1⤋
When we stop paying for it.
Think about this: When gas goes up to nearly $3 or over $3, we freak out. Then, when it goes down to nearly $2, we say, "Oh, gas is cheap! Better get it now!"
But the problem is that gas isn't cheap. Compared to $3 it is, but we've been fooled into a new definition of what "cheap gas" is.
But we keep driving (and I say "we" because I'm just as guilty). And we don't bat an eye when oil company executives are making annual salaries in the BILLIONS.
We simply have to stop driving. And that's not going to happen. So we try to find alternatives, and then prices go up on those as well. So, the answer to your question is: Never.
Personally, I'm seriously considering investing in a good bike.
2007-03-13 08:05:53 · answer #2 · answered by Anonymous · 0⤊ 1⤋
The price always goes up just in time for a heavy travel period. This is spring break for many colleges and high schools. That means more people traveling so they up the price. Once the spring break and Easter travel period is over the prices will go back down until the summer travel season begins at the end of May. It will stay high until the first of September. Then go back down again until near Thanksgiving and Christmas when it will go back up again. I believe it is what many would call price gouging. Others call it supply and demand-the more demand (more travelers) the higher the price.
2007-03-13 08:08:42 · answer #3 · answered by Country girl 7 · 0⤊ 1⤋
Get used to it! Unfortunately the days of 99 cent per gallon are gone and will never return. The demand for oil it reaching a peak. China, India and other Asian nations are growing at such a pace that they continue to put more and more demand on the argument. We must learn to reduce our consumption, be more fuel efficient, and explore for more reserves if anything is going to change in the near future. Even if we refined as much oil as possible in a given period of time (supply) as long as demand continues to grow at this pace, we will be victims of this market and pay the price at the pump. I don't think the Government can nor will do anything about this.
2007-03-13 08:06:37 · answer #4 · answered by econgal 5 · 1⤊ 1⤋
Nothing will happen until we start rioting in the streets. People are too accepting of being ripped off.
2007-03-13 08:02:26 · answer #5 · answered by Anonymous · 1⤊ 2⤋
it all depends on the war going on
we should make a petition and send a letter to bush about our concerns
2007-03-13 08:02:57 · answer #6 · answered by butterfly18 3 · 0⤊ 1⤋
i agree with country! when you have summer or spring, holidays, expect prices to go up!
2007-03-13 08:11:47 · answer #7 · answered by LU S 2 · 0⤊ 1⤋