why the gas price go up so much and no on complain anymore??
441050
Its called APATHY - something that unfortunately consummes Americans lives. \n\nSimply put, we are all apathetic to it. Yelling and screaming about it doesnt do a damn thing, the administration isnt going to do a damn thing, so why bother complaining about it anymore? Same reason no one complains that Bush is a liar and a fraud, is killing our troops, is destroying our civil rights, and is enjoying every minute of it. What good will comlinaing do? The midwest will still vote for the Idiot, and the Republicans will remain in power, and nothing will change until the administration is defeated. And since that will never happen, no one cares anymore.
1170427
Should u even need an explanation? The cost of living increase is an average of 4% a year and more than that in some places. Hell you need a raise just to cover the expense for gas!! Why hesitate to ask for what u deserve?? Im sure that whomever u work for has increased their prices for whatever it may be that u do. So Im not sure what the prob is except that you are being a puss! Stand up for your darn self!
927848
Gas futures rose as a result of the Democrats taking office, knowing full well that they do not comprehend the importance of this resource!\n\nThanks so much for asking! I'm glad I could clear that up for you!
363434
Nationally, the average per gallon price for regular gasoline is $2.50.\n\nAre gasoline prices high? That's not the best way to ask that question. It's akin to asking, "Is Williams tall?" The average height of U.S. women is 5'4", and for men, it's 5'10". Being 6'4", I'd be tall relative to the general U.S. population. But put me on a basketball court, next to the average NBA basketball player, and I wouldn't be tall; I'd be short. So when we ask whether a price is high or low, we have to ask relative to what.\n\nIn 1950, a gallon of regular gasoline sold for about 30 cents; today, it's $2.50. Are today's gasoline prices high compared to 1950? Before answering that question, we have to take into account inflation that has occurred since 1950. Using my trusty inflation calculator (www.westegg.com/inflation), what cost 30 cents in 1950 costs $2.33 in 2005. \n\nIn real terms, that means gasoline prices today are only slightly higher, about 8 percent, than they were in 1950. Up until the recent spike, gasoline prices have been considerably lower than 1950 prices.\n\nSome Americans are demanding that the government do something about gasoline prices. Let's think back to 1979 when the government did do something. The Carter administration instituted price controls. What did we see? We saw long gasoline lines, and that's if the gas station hadn't run out of gas. It's estimated that Americans used about 150,000 barrels of oil per day idling their cars while waiting in line. In an effort to deal with long lines, the Carter administration introduced the harebrained scheme of odd and even days, whereby a motorist whose license tag started with an odd number could fill up on odd-numbered days, and those with an even number on even-numbered days.\n\nWith the recent spike in gas prices, the government has chosen not to pursue stupid policies of the past. As a result, we haven't seen shortages. We haven't seen long lines. We haven't seen gasoline station fights and riots. Why? Because price has been allowed to perform its valuable function -- that of equating demand with supply.\n\nOur true supply problem is of our own doing. Large quantities of oil lie below the 20 million acre Arctic National Wildlife Refuge (ANWR). \n\nThe amount of land proposed for oil drilling is less than 2,000 acres, less than one-half of one percent of ANWR. The U.S. Geological Survey estimates there are about 10 billion barrels of recoverable oil in ANWR. But environmentalists' hold on Congress has prevented us from drilling for it. \n\nThey've also had success in restricting drilling in the Gulf of Mexico and off the shore of California. Another part of our energy problem has to do with refining capacity. Again, because of environmentalists' successful efforts, it's been 30 years since we've built a new oil refinery.\n\nFew people realize that the U.S. is also a major oil-producing country. After Saudi Arabia, producing 10.4 million barrels a day, then Russia with 9.4 million barrels, the U.S. with 8.7 million barrels a day is the third-largest producer of oil. But we could produce more. Why aren't we? \n\nProducers have a variety of techniques to win monopoly power and higher profits that come with that power. What's a way for OPEC to gain more power? \n\nI have a hypothesis, for which I have no evidence, but it ought to be tested. If I were an OPEC big cheese, I'd easily conclude that I could restrict output and charge higher oil prices if somehow U.S. oil drilling were restricted. I'd see U.S. environmental groups as allies, and I would make "charitable" contributions to assist their efforts to reduce U.S. output. Again, I have no evidence, but it's a hypothesis worth examination.
642201
Making the fuel price going to high to keep on driving... :(
1020177
Oh heck no! Our economy is doing better than it ever did under Clinton, Bush1, or Reagan. Unemployment is low, housing is up...darlin, the economy is cruising right on along. Gas prices are up and it causes some consumer goods to rise, that's all.
360639
I feel like I've explained this so many times.\n\nHere are the very basics: http://answers.yahoo.com/question/;_ylt=AsWuQtNGN4MOLLzL5ebfcGsjzKIX?qid=1006042124751\n\nIf your costs go up and you always pass on a 10% markup, of course nominal profits are going to go up.\n\nI assume you're familiar with net margins.\n\nEveryone likes to use Exxon as an example while making up random numbers to support their arguments again Exxon, so I'll use that also.\n\nI have no idea how you came up with 100% increased profit.\n\nThe quarterly data is here: http://finance.yahoo.com/q/is?s=XOM\n\nThe yearly data is here: http://finance.yahoo.com/q/is?s=XOM&annual\n\nExxon typically floats around 5-10% on their margins if you look back at all the old annual reports for the last 20 years.\n\nThe breakdown for the price is here: http://money.howstuffworks.com/gas-price.htm\n\nThis is a bit outdated even though there's the explanation.  A more up-to-date picture is here: http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp\n\nThey're grossly adjusting that last 4%, eh?\n\nEdit: People *love* that 400M golden parachute.  Go back to their income statement above.  Off 370B in sales, 400M is less than .1%.  .1% of your gas price of around 3 dollars is 3/10th of a cent.  His pay is irrelevant to a high volume company like Exxon, but obviously a lot higher than we make, so we complain.\n\nNothing against you, really.  It's just that most people on the Internet tend to look at one side of things without actually taking the time to do a few simple calculations.  It's getting tiring, and honestly, I don't really care if people hate corporations or whatever.  Emotions aren't strictly rational.\n\nMost of what I see on the Internet is so-called "propoganda" for one side or the other.  Just see the Politics section of Answers.  It's dissolved into a bunch of name calling really. *End of my rant* :)\n\nYou're still free to hate on Exxon for that last 10%, but people get the idea that Exxon could charge $1.50 for gas if they wanted to and that's really not the case.  If there was a price ceiling there, Exxon could make more money just selling the raw crude oil on the futures market.  And none of us would have gas.
859698
Used to be $2.21 as I remember. I saw yesterday the gas station near my house was $2.33. The low gas prices arguement was used by the GOP as a campaign tool and now they still lost. So, it is rising again.
466699
My point exactly...stop going to starbucks everyday or buy your lunch less often....Gas prices are not all that bad .....
406369
The 2 topics aren't related.  Take a class on Economics sometime to understand why gas prices are the way they are.
598226
The bastards are messing with us!  They are simply raising the prices to fatten up their wallets.  Their profits have raised by 30% and they keep changing the reasons for prices going up.  We never get a straight answer.  First its "a pipe broke and needs to be repaired so oil has gone up", then its "everyones using too much gas in their suvs", then its "we're negotiating to lower prices", um, excuse me but doesnt Bush OWN a refinery?
480998
They're high.  But I think don't think we're in the "too high" range yet.  That'll probably be this summer and the year after.  We're still around 80% of the all time high for gas compared to the oil crisis we had years ago.
678289
Gas will go up for this holiday weekend, more people travel more profits got nothing to do with supply and demand. Oil traded over $72 a barrel today. So get you gas before it goes up tommorow for the weekend.
1062846
greed,       supply and demand... If you have something that alot of people want they will pay for it.  You as the seller thinks, I wounder if I can get .25 more cents so you raisee the price and people still come and but it, then you rais it another .25   Its kind of like the gas prices right now.   we are stuck with having to pay alot for if we want to keep or cars.
903450
First, there has never been a shortage of gas or oil, if you watch when it comes time for travelers to starting vacationing or warmer weather starts, gas prices go way up then by fall after Labor Day they go down.  We have more oil that people don't even know about.  Our Pres. doesn't want this know but we have plenty, we don't have to buy from Iran or anywhere we have enough resources in America.
1041619
Yes, but w/good reason.  Gas prices have never been this high w/no relief in sight.  It seems we are limiting our travel b/c we just can't afford to drive in this country.  I know I'm on a gas budget.  Work-home-work-home, maybe a chill spot on the wknd, but that's it.
32801
My gas bill for the house went from $50.00 to $200.00 within 1month!!! I was so upset, but it is because the weather here dose not know what its gonna do from 1 day to the next. I have 2 kids plus my nephew and husband here...so thats a lot. The gas for our cars cost around $2.30 per gallon. Your gas company should have a payment plan for those who cant pay their bills all at once. An income based plan. Check it out.