big oil is greedy
2007-05-26 09:18:40
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answer #1
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answered by RUSSELLL 6
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Supply and demand
Demand is increasing at an exponential rate world wide yet supply is being held constant especially since that drives prices up
In the US we are not building more refineries because of concerns of nature so we are also not increasing our own supply
Boycotting gas stations wont work because the day before and the day after there is a surge of customers buying gas since they're not on the day they picket. It averages out to be just the same.
Eventually gas prices will hit a cap where they cannot raise them any higher and make any profit, until then all you can do is try and conserve the gas u buy
2007-05-26 09:22:51
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answer #2
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answered by hindsight2020612 2
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Oil prices are rising because worldwide oil production peaked last year (2006). We're on a shaky production plateau now, sustained only because seawater is being pumped down into the big oil fields in Saudi Arabia to make the last of the oil remaining in them float to where it can be pumped up. US oil production peaked in 1979 and has tailed way off since then.
You haven't seen ANYTHING yet! When the overseas oil fields have been depleted like the ones in the United States already have been, there will be NO WAY to operate most of our motor vehicles, NO WAY to generate electricity. The only fuel for winter heating will be firewood: got any handy? The only way to move water uphill will be muscle power (as in hauling a bucket or using a mechanical pump): toilet flushing anybody?
Just wait until the trucking companies go out of business and there's no more stuff on the store shelves for you to buy. Not even a loaf of bread at the grocery store.
High gas prices don't bother me much because I drive less than 3000 miles per year. I'm working my way toward not needing to drive at all. I live in a woods in the West Virginia hills and heat my home with a woodstove. I can cook on it too. I get my water from rainfall and store it in a cistern and in big rainbarrels. I grow apples and walnuts in an orchard on my property, potatoes and sunchokes in my yard. I'm almost ready to survive the apocalypse... are you?
In 1985, I said that I'd quit smoking if the price of a pack of (generic) cigarettes went over $1 a pack. In 1988, they did. That's when I quit. I had one relapse in 1990, but after that I quit again, and I haven't used tobacco in any way for the past 16 years.
People who have been in the know about Peak Oil anticipate outliving the Unprepared. We won't "hoard" goods produced after the shortages begin, but neither will we share what we bought to supply ourselves during the times when anybody at all could have done the same thing. Grasshoppers, leave us ants alone!
2007-05-26 09:22:15
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answer #3
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answered by blaringhorn 2
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I totally agree with your frustrations, but there are just too many people out there that WON'T do anything about the gas prices and will keep buying it no matter what the price. For one, because most of us have to go get to work, run errands, etc. Others CAN afford to buy it.
It's the same as when up north the cigarette prices went sky high. People would say, when cigarettes get to $4 a pack, I'm quitting. Well they didn't. They kept smoking and buying those $6 a pack cigarettes.
So how can we expect the American people to all get together and fight for lower gas prices? It's merely impossible.
2007-05-26 09:21:35
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answer #4
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answered by Aimee 3
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Deliberate limitation of production vs demand. They make certain that there is no oil gluts that the public is aware of at any time! They have record profits each year , yet they purposely refuse to build additional new production facilities and refineries! They wish to make sure that production barely is capable of meeting the existing demand. Yet the auto industry deliberately chooses to produce primarily SUV's and larger V8 driven trucks. There is collusion between these two industries! Add to this tax incentives and outright subsidies,and you have a fascist corporate situation that can only be disastrous for the consumers. The only way to deal with it is to buy large quantities at one price locking in the price going into the future thus negating the price increases that will come later. This takes consumer cooperatives willing to run such an operation for it membership. Unless each driver is willing to purchase tankage and make the purchases when the price is lowest. I hope you also have your own pump and a way to keep this legal!
2007-05-26 10:20:20
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answer #5
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answered by Anonymous
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Two big reasons. First Law of supply vs demand. If the supply is threatened, (if the people who buy it even THINK it is) the demand will go up, which drives the price up. If you look at a simple marketing model of this law, it will explain it to you. Summer driving season puts a demand on the supply as well.
The other, greed. Did you know Exxon Corp made 2.6 million in pure profits last year? They cited that the refineries were damaged by Katrina, as well as a threat to the supply of crude from the middle east as being there reasoning behind hiking their prices up.
In the end, the consumer is paying for it.
2007-05-26 09:47:39
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answer #6
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answered by Anonymous
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It is called supply and demand. The gas companies have the supply and we as car loving Americans have the demand. Therefore, the gas companies can charge the outrages prices for their product, they know we will keep on buying gas for our cars. If you live in a town or city with public transportation try taking the bus or the subway. If you don't have to go far walk or ride a bike. Also stop buying things other than gas in the gas station. That will bring down the stores profits and get their attention. No one is going to stop buying gas. We have to have it to make our country move. You could try socking it to the stores with their other merchandise. Maybe that will help get their attention.
2007-05-26 09:24:02
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answer #7
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answered by Anya 3
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i think of sleepy yet can no longer sleep is strictly precise. there is not any rational clarification for continuously growing to be oil fees. Oil and different commodities are dealing with a bubble era fueled via speculators, in simple terms like tech shares and housing over the final decade. Oh, gas fees would shop growing to be interior the fast term, according to hazard on an identical time as severe as $5. yet in some unspecified time interior the destiny the bubble will pop and fees will fall dramatically. My guess is interior 2 years, gas fees would be bypass into opposite to $3 according to gallon or decrease.
2016-11-05 11:52:06
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answer #8
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answered by lobos 4
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high price's are not because we low on gas. oil company's have posted record breaking profits for last 5 quarters. who are we at war with? middle east. where is opec from? middle east? opec said 5-7 years ago they want America paying same price as Europe. if we can get half of Americans not to buy gas for a week,then a forth of America not to buy for a month, then sit in front of white house for 10 days or so, then price wars will start, congress will look in to the price's, use OUR own OIL, get the hell out from under OPEC, then we will see price's where they should be. the head of OPEC said about 5 years ago that Americans have enjoyed low price's far to long. they have us where they want us, in desert fighting, they figure while we busy fighting, we wont notice the spike in price's, and we spread out in the world fighting lost cause's we cant afford to take time and fight the price spikes,and or wont notice it. OPEC is working like a team of pick pockets, a few occupy you while a few go thru the pockets. American oil company's are helping OPEC rob us. our so called leaders are in there with them helping them too. our so called leaders are oil-men. so they are making a bit of proffit change for their efforts. GREED is only reason for the high price's. if Americans would band to gether and not buy gas, go do any kind of shopping for any thing, and not go to work for a week to 10 days. and claim cant work or shop due to high price's of fuel, then some thing good can and will happen, most here in answers is to young to remember when fuel got to high to buy in mid 70's, they claimed a fuel shortage then, well the wells did not refill them selves, we have had plenty of fuel sense after the truckers banded together and shut down at white house, and on the highways, and where ever they were at that time. only took 10 days for price's to drop, and more fuel suddenly appeared. maybe an old fashion revolt maybe in order too?
2007-05-26 09:47:12
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answer #9
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answered by waljac6108 5
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Yeah it sucks its gone up like 30% in the last 6 months or so but its not high enough yet for most Americans considering SUV sales went up 25% last year.
Let's get it up to $7 a gallon so there are less people on the road to get in front of my Hemi :)
Gas prices people are complaining about but bottom line is most people do not want to change their lifestyles. Everyone wants SUVs, no car pooling, and heaven forbid getting on a public bus.
Me? I am complaining more about the fact that bottled water is so darn expensive. ITS WATER!
2007-05-26 09:22:29
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answer #10
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answered by Frank S 3
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Please call 1-800-AMI-Rippedoff
Press 1: Gbush
Press 2: Cheney
Press3: Shell, Exxon, Mobile, Texaco, etc
Press: S for Shell
Exxon: E for Exxon
Mobile: M for Mobile
Press4: Do nothing jut hangup and move on with your life.
2007-05-26 09:22:09
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answer #11
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answered by Anonymous
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