Doing a research paper on recent gas price increases. Need a site that explains the above. US prices are about 1/2 the rest of the major industrialized nations, including oil producing nations.
2007-04-02 05:58:57 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Because they control the supply, Why do you think so many people are dying in Iraq?
2007-04-02 06:02:51 · answer #1 · answered by furnforall 3 · 0⤊ 1⤋
Excellent question. We (USA) always complain about the high cost of gasoline, yet we pay significantly less than other countries.
Some reasons why we pay less might include:
1. We produce our own oil. In fact, we can produce enough oil for our own country without needing any from OPEC.
2. We buy a lot of crude oil from OPEC -- volume discounts?
3. We grow a lot of food and we export that food to countries that need food and just happen to have oil.
4. We have access to vasts amounts of medical supplies and drugs and we export these medical items to countries that need medicine and just happen to have oil.
2007-04-02 13:03:22 · answer #2 · answered by kja63 7 · 1⤊ 1⤋
Merely copying/pasting your question on AskJeeves.com and the first hit result led me here.....something I think you'll find rather interesting.....hope this helps.
http://www.joblo.com/forums/printthread.php?s=d7a0bdba0a99d64d0d88c7916d8559fb&threadid=93965
2007-04-02 13:04:10 · answer #3 · answered by Mr. Wizard 7 · 0⤊ 0⤋
US is less fond of taxes.
2007-04-02 13:01:44 · answer #4 · answered by Ands 7 · 0⤊ 1⤋