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seriously :)
I keeping my car filled up past F everyday cause I assume it will be $3.29 again tomorrow or something. When will this stop going down? probably November 17th

2007-10-05 21:15:30 · 4 answers · asked by Anonymous in News & Events Current Events

4 answers

It is continuing to go up, you are merely seeing slight short-term variations. Why are you looking a monthly variations when the long-term trend is so much more important?

Don't you know that it's mostly about oil according to Al Greenspan? In the early 1970's the United States reached a peak of oil producing capacity. As the amount of oil American could produce flattened out, demand continued to rise forcing America to forever rely on foreign oil. (E. F. Schumacher)

Worldwide, oil production capacity is now beginning to flatten out causing acceleraing price increases. This is a well-known and well-researched phenomenon called "peak oil." Even Dick Cheney and the oil companies have admitted the validity of this well-supported phenomenon. You see, you don't have to be out of oil to see rapid increases in price. Our capacity to pump oil from the ground cannot keep up with accelerating demand. We are at the peak of a bell curve that is beginning to decline. As oil production flattens and decreases, oil prices skyrocket. I'd sell your airline stock soon, because they are being hit first.

George W. Bush and Dick Cheney know about this phenomenon very well and could be one of several reasons that the United States chose to invade and occupy countries in the Middle East. Do you really believe the administration is trying to bring democracy to the Middle East?

The media has served their own interests before those of the American people. None of the major media outlets has lived up to their proclaimed high standards.

2007-10-05 23:38:01 · answer #1 · answered by Skeptic 7 · 0 1

I have no idea where you live, but here in upstate NY the price of gas has gone UP 10 cents per gallon in the past 5 days!

2007-10-05 22:50:05 · answer #2 · answered by Anonymous · 0 0

For starters numerous the oil that's sophisticated contained in united statesa. is imported from different international locations, there are reserves however the federal government is reluctant to apply them. and since the fee of the dollar has decreased the fee of oil being offered with united statesa. forex has extra advantageous. The the oil must be sophisticated and made into gas which isn't a miles cheap technique till now this is offered to businesses who sell the gas on the retail point. all of us has to coach to learn in a capitalist u . s .. the subject contained in united statesa. to boot there being no regulations on the fees of gas is that each and everything is unfolded contained in united statesa.. human beings holiday from one city to the subsequent just to flow to paintings, or perhaps going to the food market demands a man or woman to rigidity to the shop through distance. valuable human beings can motor vehicle pool or take public transportation to get to places yet nevertheless capability remains required to get human beings the place they could desire to flow, and a extra robust call for on public transportation will consequence in larger fees for that transportation it fairly is stated as furnish and insist.

2016-11-07 10:09:45 · answer #3 · answered by barreda 4 · 0 0

Demand drops off after the summer holiday season and prices always drop in the winter. They'll start picking up again as spring starts marching northward.

2007-10-05 22:27:21 · answer #4 · answered by Caninelegion 7 · 0 0

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