Gas is starting to be economically bad for me and Pulic Tranposrtation will soon be a option for me.
2007-06-01 17:21:27 · 18 answers · asked by Maggie 3 in Cars & Transportation ➔ Commuting
As others have said, it's supply and demand. So, to bring down prices, there would have to be more supply and/or less demand. They pay twice as much for gasoline in Europe, so I doubt it's really coming down significantly in the near future.
Personally, I don't want the gasoline prices to go down.
Petroleum is a limited resource and a lot of pollution can be caused by "mining", refining, and using it. I'd like to see alternative fuels, alternative energy sources, alternative technologies, alternative transportation. High gas prices will encourage this sort of innovation and invention, which is the only "true fix" we can create to this problem - finding something to use instead of gasoline.
2007-06-02 11:58:39 · answer #1 · answered by Katie C. 3 · 0⤊ 0⤋
Supply and demand keeps the gas prices high. Supply is low and demand is high, so gas is expensive. Economically, the best way to fix this equation in the long-term is lower the demand. Drive less and carpool more. Increasing the supply of gas would lower the gas prices, but not as much as lowering the demand would. Also, demand will continue to increase as supply increases (people will buy more gas because it's cheap) and therefore the heightened demand will eventually make the higher supply not enough, and we'll be right back here again.
2007-06-02 06:53:07 · answer #2 · answered by Pink Denial 6 · 1⤊ 0⤋
Ummm, has anyone looked at the price of milk per gallon recently? Or premium Orange Juice??? Granted gas is not as essential as food (close second) and it is wrong to complain about farmers with your mouth full.... My point is that we spend loads of money on so many other things and don't question or really think twice about it. I agree that gas prices are bordering on the cusp of financial strain for many American households and something needs to be done... we don't want the Government to regulate this either as it will create more problems than it should solve.
Although our current President is a bit of a loose cannon and has had plenty of problems in his second term.... we can't blame the man for everything that goes wrong in the world. Instead of whining that we should impeach him, maybe finding some candidates that don't suck for 2008 might behoove us.
2007-06-01 19:11:45 · answer #3 · answered by Porterhouse 5 · 0⤊ 1⤋
Decrease demand and increase supply.
This translates to getting people to drive less and drive more fuel efficient vehicles, and opening up areas for drilling and building more gasoline refineries.
Interestingly enough, high gas prices, driven by market forces, will accomplish these goals naturally, but it will take a few years.
2007-06-02 11:49:30 · answer #4 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
Get over it gas is not coming down. Thanks to all the idiots with there gas hungry SUVs and over sized pickups the demand for gas exceeds supply. Be glad it is cheap as it is. If the government steps in like they are threatening to do we will end up with no gas and even higher prices. So get used to it and move on.
2007-06-01 17:30:33 · answer #5 · answered by Anonymous · 1⤊ 1⤋
Tell the White ***** upstairs to stop sending good men to die in oil-producing countries? =X
Well, the only ways for the prices to go down is to 1. increase supply (not possible) 2. Decrease demand(hard) 3.Seek alternatives (best) 4.Be more efficient in usage(second best)
We need to explore alternative energy sources. sadly this industry doesnt have much returns and nobody is willing to research further
2007-06-01 17:30:29 · answer #6 · answered by Anonymous · 0⤊ 1⤋
Sadly most of it will soon be out of our control. India and China are exponentially industrializing. Their extra demand for fuel will exceed most anything we do here. Unless everyone here buys a small motorbike or scooter like they ride in Europe that will get you 60-80 mpg we will soon be paying $5.00 per gallon...
2007-06-02 17:48:59 · answer #7 · answered by the_buccaru 5 · 0⤊ 0⤋
We should have been building refineries over the last fifteen years. Now that we don't have enough to refine the gas that we need, it's all the oil companies' fault!
2007-06-02 00:44:38 · answer #8 · answered by TXgirl 1 · 1⤊ 0⤋
the national don't drive day usually works but that is for such a short period of time. Carpooling is the best way along with public transportation - just not convenient
2007-06-05 06:28:01 · answer #9 · answered by yourguessisasgoodasyours 4 · 0⤊ 0⤋
The only answer is to expand refining capacity. We need to build more refineries.
We are swimming in crude oil, but the bottleneck of the refining process is what is driving up prices.
2007-06-01 17:30:00 · answer #10 · answered by Skooz 4 · 1⤊ 1⤋