2007-05-04 05:19:52 · 9 answers · asked by drezdawg 1 in Cars & Transportation ➔ Commuting
Supply and demand.There is plenty of crude oil,but the oil companies refuse to build more oil refineries.Why should they?Where else can you buy gas?Thats why they have record profits every year.Take care......PS.....Dont forget the gas out on May 15,2007....all internet users are urged not to buy gas on that day.Put out the word to EVERYONE you know.Let's make a statement.If it works again,maybe they'll get the hint.Take care.
2007-05-04 05:25:48 · answer #1 · answered by bustov1965 4 · 0⤊ 1⤋
It's all about Supply and Demand.
Problems:
1. We Americans are driving more than ever, in vehicles that are less fuel efficient (on average) than 20 years ago. Seems like every other vehicle on the road today is an SUV or large pickup or van.
2. America's aging gas infrastructure. No refineries or other infrastructure have really been built since the 1970s (thank you environmental whackos), while our gas consumption has gone up up up. Now we are total capacity. Any hiccup interrupts supply and drives prices up.
3. Oil is in increasing demand, as countries such as China and India become more developed, and need more oil, thus driving up crude oil prices.
4. Easily extracted and refined oil is becoming more scarce. We're not in danger of running out soon, but demand will soon outpace production capacity.
5. Instability in many oil rich regions.
Solutions:
1. Open up domestic drilling in ANWR and anywhere else there is oil.
2. Start building more refineries and gas infrastructure.
3. Start encouraging Americans to move away from SUVs and big vehicles, to more efficient vehicles.
4. Encourage alternate fuel vehicles and technologies.
One thing you can notice from all this. There is no short term way to alleviate the high gas prices. All are longer term solutions. We better get cracking!
2007-05-07 13:33:26 · answer #2 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
The gas prices are high because of the government. My brother works at many different oil companies. There is enough oil in each states reserve to keep the USA going for 4 years. Why we import it the governments fault. If we were to use the oil out of our reserve it would only cost about 30 cents a gallon. When my brother told me this I was floored. He said when hes off shore they pump for the reserves here. Have any of you guys ever wondered why we have so many off shore drilling agencies but we are still getting our oil from other countries. Kinda got a messed up government. Thats why
2007-05-04 14:38:24 · answer #3 · answered by jenniferu24 1 · 0⤊ 1⤋
Gas is high because it's approaching Summertime, and the oil companies can raise the price. They do it every year, and noone does anything about it.
As long as the oil companies are allowed to raise gas prices, they will. Plain and simple.
2007-05-04 12:26:44 · answer #4 · answered by vassad 1 · 1⤊ 0⤋
The most recent excuse for the price increase is because demand is higher.... Maybe 1 million 16 year olds just bought new cars and they all need gas... otherwise I don't see how the demand has just gone up suddenly.
2007-05-04 12:27:35 · answer #5 · answered by brnslippyx 3 · 0⤊ 0⤋
Because the price of OIL is High
2007-05-04 12:22:59 · answer #6 · answered by Dr Universe 7 · 1⤊ 1⤋
im guessing because their's a limited amount of gas in the United States (why do you think we invaded Irag because they're rich on gas).
2007-05-04 12:23:04 · answer #7 · answered by Jesse C 1 · 0⤊ 0⤋
Because this is around the corner.
http://www.phoenixmotorcars.com/
2007-05-04 15:52:35 · answer #8 · answered by James B 5 · 0⤊ 0⤋
Because the #*$)(#%&)(#_$ oil and gas corporations are ()*#$#(*& trying to @#(*&@# up our #)(*)(*. thats why.
2007-05-04 12:24:06 · answer #9 · answered by What, what, what?? 6 · 0⤊ 3⤋