How were oil companies able to raise oil and gas prices after 9/11?

I am doing a research essay on how oil corporations were able to use the 9/11 attacks to their own advantages. I was wondering how they were able to raise it, my professor told me I need specific events on how the oil corporations and the government negotiated to raise the oil prices dramatically.





What did the oil companies do to raise the price of oil and gas after 9/11 is pretty much my question.How were oil companies able to raise oil and gas prices after 9/11?
A major event occurred. Therefore, the oil corporations raised the price of their products.





There doesn't have to be a logical reason. It's just that our economy is so intertwined with oil that when ANYTHING happens, they can jump up and say, ';We have to raise our prices because the hippopotamus flu is showing up in Paraguay and this caused a change in our shipping and refinery process, and so YOU have to pay for it because we don't want to sell our vacation homes in Tahiti!'; And then we pay.





In the case of 9/11, if there was such a spike in prices, which I don't remember, it was likely because of delays and increased costs due to enhanced security.How were oil companies able to raise oil and gas prices after 9/11?
You need to research what factors control the price of Oil and Natural Gas. Oil companies and government do not 'conspire' to raise the price of Oil and Gas. Are they publicly traded commodities? Does the market drive the price of Oil and Gas?





A better question is, what specific events occurred as a result of the 9/11 attacks that lead to an increase in the traded price of oil and gas?





A decrease in supply or an increase in demand. Did the U.S. import less oil from overseas causing an increase in supply which facilitated an increase in prices?





Oil companies and 'government' do not take advantages and set prices on oil and gas.





You professor sounds like a hippie conspiracy theorist.





My opinion, respectively.
More or less pretended that it was neccessary, their owners are part of the ruling classes, the media and government are on the same side, they're the same people, they do what they want, and 9/11 was an excellent excuse to do anything they wanted.


Sorry, that won't help your essay, but I'm sure you'll find specifics.
I believe it started with a phone call. There is collusion in prices everywhere and the Feds could care less. The media runs interference for the big guys.





It doesn't much matter what the disruption is... any excuse is good enough to raise prices.
How do you know if that assertion is even true? Sounds like your professor is biased (not surprisingly).