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Gas-prices usually fall in October. It is 48 cents higher here in California than it was last October.
Gas Prices should be Softer but they are going up. Do you know why is this market-trend?
Over to you, Friends.
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2007-10-06 05:58:48 · 18 answers · asked by Anonymous in Entertainment & Music ➔ Polls & Surveys
Corporate Greed
2007-10-06 06:00:48 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Since almost all of the oil is bought on contract, there should be no large increase. The prices you hear, and read about are only for the spot market. Then again, if it was me running the show, you`de probably be paying even more. How can you get to work without it?
2007-10-06 06:06:46 · answer #2 · answered by jms043 7 · 0⤊ 0⤋
I saw on the news in the last month that oil hit $80 a barrel for the first time. Still, gas is around $2.80 in South Dakota. I think all the refineries are up and running around here. If a refinery or two in your area goes offline, the price goes up.
2007-10-06 06:04:35 · answer #3 · answered by ? 6 · 0⤊ 0⤋
wager what? the government isn't procuring something. We, the taxpayers, would be procuring those vehicles. Then in basic terms think of all those 'junk' automobiles and SUVs piling up - the place will we positioned all of them? base line, enable the financial gadget do its component. As ability expenditures upward push, there will be greater demands drilling and selection ability and finally Congress gets their heads out of their a$$es. enable those gas guzzlers serve their useful lives - finally, maximum gets replaced with greater valuable automobiles. no would desire to subsidize (or purchase decrease back) to sell smaller vehicles, each and every person is already transferring in the direction of them.
2016-10-21 05:53:17 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Venezuela and Iran (from whom we get the most oil) both hate the United States, yet know that we need oil and will pay out the ear for it... so they raise the prices, in effect, funding Hugo Chavez's regime and Mahmoud Ahmedinejad's nuclear program.
2007-10-06 06:02:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
The CEO's of the gas companies saw that Lamborghini had a new car out and now want to buy it.
2007-10-06 06:04:04 · answer #6 · answered by bushnana 6 · 0⤊ 0⤋
gasoline Company's Like Chevron; Exxon etc. only made a few BILLION dollars in profits for the last quarter.They need more money for those big packages that the Executives make and then you have the Stockholders who need more and more Dividends.
2007-10-06 08:25:40 · answer #7 · answered by Alfie333 7 · 0⤊ 0⤋
One factor has to be all the people with oversize SUVs filling up their tanks. Also, countries like China have more cars and industry these days.
2007-10-06 06:03:14 · answer #8 · answered by Ace Librarian 7 · 0⤊ 0⤋
The gas prices are actually going down almost daily here....It is now at 2.59 a gallon......not bad for around here.....
2007-10-07 07:09:26 · answer #9 · answered by missy b 6 · 0⤊ 0⤋
I really have no idea on this since I don't really pay attention to those things. I use very little gas so I guess I never really pay attention.
2007-10-06 06:28:43 · answer #10 · answered by Anonymous · 0⤊ 0⤋