Or do you even care about the price?
2007-10-13 01:41:54 · 12 answers · asked by Yahoo 4 in Entertainment & Music ➔ Polls & Surveys
Prices have risen for several reasons. The short version is that the prices are a reflection of supply and demand. Despite the increased production by U.S. refineries, the demand has increased at a greater rate.
The long version of why prices remain high:
1) Escalating geopolitical tensions in Iran, Venezuela, and Nigeria.
2) Increased world demand for crude oil, with world demand rising by 1.2 percent to 86.1 million barrels per day, according to the US Energy Information Administration (EIA).
3) Record high US Gasoline Demand, up 1.9 percent over the same time last year according to EIA.
4) Some refinery operations have been curtailed due to regularly scheduled refinery maintenance to enhance safety and upgrade equipment, as well as several unexpected problems caused by severe weather, external power outages, and other incidents.
5) A dramatic drop in gasoline imports that has pushed U.S. gasoline inventories to historically low levels.
2007-10-13 02:01:24 · answer #1 · answered by Mickey Mouse Spears 7 · 0⤊ 0⤋
All i comprehend is it compelled ME in my opinion to discover an option! i purchased 2 autos that run in basic terms on organic gas (methane), and that i'm so happy I did. They run ninety 9% purifier than gas autos, plus it expenses me less than $10 to top off! i'm saving an excellent style of money. As for the authorities doing it, I doubt it. gas is way, a lot more suitable expensive in eu international locations than the united states. Whoever or regardless of is causing it, it would want to be a robust element if it receives all of us off their butts and replacing their strategies, eh?
2016-10-21 02:14:39 · answer #2 · answered by ? 4 · 0⤊ 0⤋
I understand it is the commodities guys on Wall Street. Yes, I care. It is ridiculous to have to pay almost $50 to fill the tank! So, we just go back and forth to work, and that's it! I think they are shooting themselves in the foot!
2007-10-13 01:46:59 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Al Gore winning the Nobel Peace Prize on global warming.......it is al his fault the planet has got a fever,
and yes i do care.......i want to have free energy for everyone, that way we can use all our extra money on toys........instead of old fat greedy pigs
2007-10-13 01:47:52 · answer #4 · answered by Twinkie Thief 7 · 0⤊ 0⤋
I haven't heard any new excuses, and I can't understand why the prices are so different in different states.
2007-10-13 01:47:41 · answer #5 · answered by barbwire 7 · 0⤊ 0⤋
To reduce the traffic on the roads!!!
2007-10-13 01:54:24 · answer #6 · answered by Anonymous · 0⤊ 0⤋
because we,re still paying the ruddy prices
2007-10-13 01:48:45 · answer #7 · answered by Anonymous · 1⤊ 0⤋
Overall, they're addiction to the American dollar.
2007-10-13 01:46:16 · answer #8 · answered by Mr. Bull 5 · 0⤊ 0⤋
Because we are running out of oil.
2007-10-13 01:44:35 · answer #9 · answered by T!FF 4 · 0⤊ 0⤋
we in the UK pay about $8.20 per gallon . now do you think its high?
2007-10-13 01:47:19 · answer #10 · answered by Anonymous · 0⤊ 0⤋