This sure will help the economy. I was planning on making a few trips, but the f-ing gas prices made me so disgusted, I'm staying home. This is just extortion, and plain dumb.Why are oil companies charging $3 a gallon for gas again, when the economy needs to recover?
schools out and it's SUMMERTIME!!!
the greedy bastrads want to rape us again...Why are oil companies charging $3 a gallon for gas again, when the economy needs to recover?
Because they are running a business, not a charity.
We should do away with both gas subsidies and gas company preferences and let the free market truly prevail. Had the subsidies not been in place we'd be on hemp ethanol by now. (Did you know Henry Ford designed the model T to run on hemp ethanol but oil subsidies were introduced and killed the nascent hemp ethanol industry?)
But the dollar IS dropping due to too much spending, and inflation is going to get worse. Particularly food inflation since it isn't counted in government counted inflation for reporting purposes, and transportation costs (oil) are a huge part of food prices.
Welcome to the Obama presidency -- not that Bush's was much better in this regard, Obama is just doing it faster.
Because speculators are expecting the world economy to get better. They are also predicting an economic boon at the end of the year, and feel they would be best to hold on to their surplus of oil until the economy recovers.
The oil companies currently have a greater supply than the demand, but they are betting on a huge economic turn around. I don't think they have fully considered the consequences if this blows up in their faces.
Sir, that's a very good question, and the answer is very simple, but I'm afraid that many out there are not willing to face the fact that they have their politicians to thank for the price of gasoline! With all of the oil currently on the charts of the America Oil Companies we should not have to be dealing with high prices at the pumps but that's where your politicians, yes your green liberal politicians come into the picture. Before I go on lets talk about the huge oil reservoir under the Bakken Shale formation in North Dakota and Montana areas, 4.3 billion barrels of oil. And let's not forget the oil find in the Gulf of Mexcico, the largest American Oil find in a generation, 15 billion barrels. Now who can answer the simplest of questions, why won't the 'liberal, yes the liberal members of the house and senate allow our oil companies to drill? Its a simple enough question, why won't our liberal politicians allow our oil companies to drill our own oil? That's the question that will answer why our oil companies are charging $3.00 a barrel. And anyone that metions pollution is simply put either uninformed or plainly put has a liberal agenda; now what is that agenda, I won't pretend to know. May be one of you can tell all of us why the liberals want the price of oil to remain high?
Just a wild guess here ... because the global elite are again manipulating the price of oil as they did last year.
The problem (speculation driving up the price) was discussed in Congress during a weekend session, it was covered on C-SPAN, but the mainstream media chose to keep the people in the dark and blame the gas prices on something else.
Gas prices are going to get a lot higher. Think they were high under Bush, you ain't seen nothing yet. As soon as we get cape and trade, more green regulation and Obama taxing coal into oblivion, hang on to your wallet because inflation is just around the corner. The only thing holding down gas prices from what they were a year ago is the depressed global economy that is holding down demand. Just remember we warned you this was going to happen.
It is rather comical, because the oil companies have a greater supply than the demand for oil at the moment.
They are speculating that the economy will miraculously turn around at the end of the year.
When this supposed economic recovery occurs expect the gas prices to rise dramatically.
Here is a thought: companies are not out to get you.
Gas is up because of a few reasons
1. Our dollar's value has plummeted. We have to import oil because we refuse to drill for it here.
2. Gas always goes up during the summer. There is more demand and there are more mandated requirements.
3. The price of a barrel of crude has gone up.
Gas and oil are commodities, and are based on the value of the dollar.
If you want the price of oil and gas to go down, tell the idiot in the White House to tell the US Mint to stop printing money like it's going out of style, since THAT's what is driving the price up.
Oil companies do not just randomly decide what the price of gasoline will be today.
You are going to have to get over your feeling of entitlement to gasoline. It's going to get much more expensive in your lifetime.
It is not supply and demand since we have plenty of oil. The demand for gas is also down. I have read in several papers and also on yahoo news it is the speculators on wall street who are driving up the cost of oil.*
Because Obama raised the gasoline tax rate by another 12 cents a gallon. Remember when he said that he wasn't going to raise our taxes ';one dime';?
Democrats in illinois have imposed a 50 cent tax per gallon on gas, because they want us to buy green cars.
Guess who owns the green cars?
How many oil companies are even domestic? One???
Which one just moved to Dubai???
Why do dogs lick their testicles? Because they can.
no doubt it's bush and cheney's fault..oh wait a minute, they are not in control anymore. I guess it never was their fault to begin with since they are not in charge anymore. lol
Obama and his big oil cronies pushing up the price,,,,,not really but I have been dumbed down by the dems.
The Saudi's had to pay for that bling they gave Obama.
It's dumb. The could allow it to stay low a while longer.
Greed
It isn't actually the oil companies, it is Traitor Obama BBB (Butt Boy Barry), and the liberals in congress and the senate are responsible. they all hate america and will do anything they can to destroy us.
It's $3.00 a gallon because that is what people will pay. If no one bought gasoline the price would go down to deplete the supply. As soon as the supplies go down and the market stabilizes the price goes back up. It's cyclical.
Because the election is over and the economy is showing good signs.
What do you expect? They are Capitalists, Capitalism is all about the profit.
It's called Capitalism. see how well it works.
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