why are gasoline prices so high?

Question

i think its because of the war,i would like to do something about it but dont know how or what,i mean as nation not buying gas for one day is not enough..as a country i think it about time for us to take a stand against these things especially the war

Answer 1

Prices are so high because the politicians in Washington are more concerned about their profiting from big oil than protecting the people that put them in office. When the steel industry raised prices too much Kennedy stopped them. Perhaps that was one of His best actions. Now congress spends it's time picking on Bush and Pelosi and the gang push hard to give away this country to illegals, not protect us.

Answer 2

I think you should ask yourself why are gasoline prices so low. Other countries are paying $8 US per gallon.

Let's look at economics. Not knowing how old you are but I can remember when:

Soda was 5 cents.
Milk was 25 cents
Loaf of bread 20 cents
A new car was $1500-$2500
Movies were 75 cents
A week's groceries $10 for 4
Gasoline 30 to 35 cents

I can remember things less than that before that time.
That was 40 years ago.

Today every thing has just added another 0 (zero) behind the price.

Soda is 50 cents
Milk is $2.50
Bread $1.90-$2.00
A new car $15,000-$25,000
Movies $7.50
A week's groceries $100 for 4
Gasoline $3.00

What it all boils down to is greed. Everyone wants to make more money, and produce the same quantity. Our government doesn't give a hoot about how much you make. They increase the minimum wage so they can have more taxes to spend on pork barrel items, so they can get re-elected and get more pocket stuffing's from more spending or helping other groups to pad their projects.

It is a vicious cycle.
I retired 14 years ago. Lived quite well on the funds I had set aside for retirement. Now I can barely make ends meet.

Answer 3

Gas prices always go up in the spring and summer beacuse more people drive more often. Oil companies make money in the winter on oil based heaters. It's not because of the war, although someone is making money off of the war.

Answer 4

Gasoline prices are high because your President Bush has created a massive amount of chaos in the world thanks to his insipid, unconstitutional, illegal 'war' in Iraq. Markets fluctuate when the possibility of a change in the availability of commodities might take place. Markets get nervous when they find out how much oil is unaccounted for in war-torn Iraq. Markets will get just as nervous when we start using more corn to serve our fuel needs. It's all a great big game of 'Risk" where only the ultra-rich benefit. -RKO- 05/19/07

Answer 5

refinery's are down - for a cleaning - so we are told - As stated on CNN today - refinery cost last year was 60 cents and today it is over a buck. Lets go Ethanol and Hydrogen pronto. That way the oil companies and their terrorist allies in the middle east and soak in their own product as no one else will want it.

Answer 6

Because the oil is running out and those at the top price gouge so they can live their rich lifestyles.

Answer 7

The Bushs War,
The conflict with Iran (probably Bush War III)
Oil taxes
Oil Regulations
All are politicians wrong Ideas....................................

and the FED playing with inflation target ..............thats a really joke..............

Answer 8

The oil companies give George W. Bush a cut of their profits in exchange for him causing global chaos and doing nothing about rising gas prices.

Answer 9

We also have to suffer the high prices in the UK too.

Answer 10

no need to politicize it its a commodity like bread. ought to be controlled like electricity but isnt due to the fact that our Congress is a wholly owned subsidiary of the oil companies.