2007-05-22 04:39:07 · 11 answers · asked by DRB1940 1 in Politics & Government ➔ Politics
lol..... if you think politicians regulate the price of oil you are so sadly mistaken.
Short answer... what controls the price of oil is OPEC and the oil futures market speculators on wall street.
Read up on it. You would be surprised how much information there is in books or web pages.
2007-05-22 04:43:16 · answer #1 · answered by Dog Lover 7 · 4⤊ 2⤋
What amazes me is how someone comes to this question and then votes a "thumbs down" response to those responses that are, in fact, how things work.
This tells me that those who have a real understanding of economics are given the red light by someone who has NO CLUE in life!
My suggestion....realize who OPEC is and how THEY control the production of fossil fuels. Then look at the consumption our country has by the percentages used by the rest of the world.
I think these emails about boycotting a specific gasoline company is absolutely the furthest from what will happen when it comes to price control.
If you want the cost of fuel to go down....quit wasting fuel and learn to conserve!
2007-05-22 11:54:42 · answer #2 · answered by KC V ™ 7 · 3⤊ 0⤋
In order for gas prices to lower, more refineries will have to be built, environmentalist have their Democratic puppets blocking the way... period... If you want a some relief, ask the Democratic congress why they haven't gotten rid of the federal gas tax since they are not willing to allow more refineries or drilling.
2007-05-22 11:48:05 · answer #3 · answered by bereal1 6 · 2⤊ 0⤋
Once again I say when we go to the polls vote everyone out that is in now,no matter what the politics are.People we are loosing a handle on America and we the people are sitting back and doing nothing.Taxes to high,gas to high,Mexicans coming in by the hundreds everyday,and our politicans do nothing.By the time you read this ,you will lose some more rights in some way or another or another.Hitler would be proud!
2007-05-22 11:57:02 · answer #4 · answered by ronald m 3 · 0⤊ 2⤋
If the price of gas was capped at 2.00 a gallon, guess what - there wouldn't be any gas at the gas station right now for you to pump into your car.
2007-05-22 11:43:24 · answer #5 · answered by firstythirsty 5 · 5⤊ 1⤋
The number one, best way to ruin the economy is for the government to get into the price control business.
2007-05-22 11:47:17 · answer #6 · answered by ? 7 · 4⤊ 0⤋
Price ceilings for gasoline? They tried that in the 1970s, it caused shortages.
Go back to the Yahoo search page and type in "price ceiling" and you'll find out why.
2007-05-22 11:41:49 · answer #7 · answered by Anonymous · 8⤊ 1⤋
Good luck finding any gas. What is so difficult about the concept of supply and demand?
2007-05-22 11:43:45 · answer #8 · answered by Anonymous · 5⤊ 1⤋
Something needs to give that's for sure. It needs to be the same rate everywhere and stay that way for longer periods of time.
2007-05-22 11:44:14 · answer #9 · answered by AngieBaby 3 · 0⤊ 2⤋
Maybe, but this is a capitalist society.
2007-05-22 11:42:26 · answer #10 · answered by 3rd parties for REAL CHANGE 5 · 2⤊ 0⤋