if the high $ of oil is the cause of the high $ of gas..then why has a qrt of oil been the same $$$ for years?
546009
It's all deregulation and Capitalism at it's finest. The oil companies are realigning into monopoly's again. This is a crime to fair competition; because there is no competition. This always happens with a majority Republican rule, it's their view on politics. There is no trickle down theory with forced inflation's on Americans.
348889
supposedly it's because of "weapons of mass destruction." but we all know it's because of the oil. the shitty part is now bush has had us over there 3 years, and the fuckin gas prices are still pushing $3 and probably $4 in summer.
207908
oil is scarce.  oil is used to make oil, gasoline, plastic, etc.  If it werent scarce it would be cheaper.
1126955
A lot. The problem with high gas prices have nothing to do with an Oil Shortage. It is our great presidents way of making his friends a  lot of money. Do you remember there was a gas shortage in the 70s. that is over twenty years ago why have we not ran out of oil yet? Don't believe the hype.
342689
its a joke. they should have portest for the high gas prices. shell and the others are having record 30 billion + profits.
446687
It is already here.  But we don't want to change and continue to use gasoline like when it was cheaper.  It will start affecting how we travel and live when the price continue to increase.  We continue to buy these oil from Iran (not our friend) and support their government through our need for oil.
491113
There is none, if inflation had followed suit with everything else clothes, food, building supplies etc.It would be over 3 dollars a gallon.The problem is people actually give idiots like micheal moore and al fraken credibility, its uncanny!!!!They have both been proven to be liars.One of the biggest reasons gas prices increase is simply speculative theory!! we went to war for humanitarian reasons, those people want us there they were under dictatorship. clinton sent soliders into Bosnia in 98 and knowone had a problem with that, it was for humanitarian reasons or so we thought.The real problem a lot of people have with this is the time its taking but you cant put a time frame on something like this.
436434
Actually, gas prices in the US are artificially low.  We pay about 1/2 to 1/3 of Europe's prices.  Prices here fluctuate almost arbirarily, but also in accordance with supply and demand, and, of course, the price of oil.  It's precisely because we're in this war over oil that prices has gone up. War makes production and distribution a pain, to say the least.  Other oil producing nations, like Venzuela and Nigeria have also had political distruptions.
1147879
Basically it comes down to supply and demand.  There is increasing demand for oil (mostly from developing countries like China and India, but demand in the US is increasing also).  OPEC is already producing near its capacity, coupled with no relatively new oil refineries having been built, this causes the an increasing demand against a slower (negligible) increase in supply of the refined oil used for gasoline.   Hurricane Katrina knocked out some production capacity which is still not completely up and running.  Also there are other less significant reasons such as the changing of fuel additives from mtbe to ethanol (this has been done for environmental reasons).  To put a few non-truths to bed...  The oil companies were NOT found to be doing any price gouging (illegally increasing prices beyond unreasonable economic fundamentals).  Second, everyone wants to blame President Bush for increasing prices when in fact he no longer has any personal investments in oil companies(he did this specifically to discredit these accusation most likely); in fact President Bush has probably more to lose from high oil prices than any other single individual alive.  He wants a strong economy, with little inflation and needs that help for party elections this fall.  If you want a specific group of people to blame, you should look at commodity traders themselves, they are the ones who control the international price changes from day to day and are the ones who fear supply disruptions (such as the one that occured in Africa, threats from Iran and Venezuela recently) and terrorists act which affect the flow of oil (the so called terror premium).
1049330
I dont disagree with your theory.  I just want to add one of my own that helped push the prices up.\n\nA few years ago the oil futures went on the public trading market.  Yes.  The public, the entity as a whole that believed everything from the world is flat to Milli Vanilli can sing, is at the helm of the future prices of crude.  Can you imagine what happens when the public hears that there was a problem, of any magnitude, to a oil line or ship?  What happens when summer comes around and naturally the public again buys up all the oil futures in hopes to make a quick buck.\n\nGreed is what drives prices.  The greedy people that are making the money will call it marketing/economics.  No one entity is to blame for the results.  It would be too easy.  Just dont leave out anyone at fault.  Bush, Iraq, war, EPA, tax, and even the public are all together and individually at fault.
379324
Oil profits are part of the reason for the wars AND the limited capacity of refineries. I wonder what progress could have been made in the development of alternative energy supplies with the billions that have gone down the drain in those wars.
403467
you probably can put the blame on the greed of the country's\ncorporate policy's of wringing everything they can out of the average workers income.starting with the oil companies who by the way are experiencing windfall profits while charging the average person the highest gasoline prices ever.the average person then has to take out more and more money out of your bank and put less and less into it.and by the way those gas prices are reflected in everything you buy.its no wonder then that anybody can survive.only when greed is done away with will people go back to putting money back in your bank.do you think that's going to happen?
525345
In part, gas prices are determined by supply and demand.  Prices are also determined by how much foreign oil is purchased and then passed on to consumers. \nPoliticians and oil companies would have us believe that these two are the primary reasons for the increase in fuel prices, but this is because most Americans do not really look very hard at facts surrounding them on a daily basis, or do not put them together. The 1950's had gas at around 22 cents a gallon.  Yet even with our greater technology, the much increased ease of production, transport, and refinement should have us keeping pace with prices still around $1.00, with the cost of exploration being one of the few legitimate reasons for increasing the prices...of course combined with the reasons previously mentioned.  But this is not the case.  \nWhen hurricane Katrina approached the coast, the price of gas rose over 10 cents a gallon - before - the hurricane had done any damage.  Afterward, when production resumed its normal levels, prices did not subside.  Instead they continued to rise.  The second hurricane did little or no damage, but prices rose again...in the same pattern.  For a dozen years or more, oil companies have followed a pattern of every six to eight months, raising prices until public outcry became strong enough, then when it was lowered ten or twelve cents the public sighed a great sigh; while not really paying attention to the fact that the price was still ten or fifteen cents higher than it was.  \nThe hurricanes, combined with the merger of giant oil companies into mega corporations have removed the checks and balances that healthy competition made in keeping oil prices down.  From 14 to 36 billion in profits, these oil companies answer to no one.  Their CEO's hide under the guise that no one can specifically point their finger at one of them and lay the blame, and our government cannot do anything to one and not the others, so nothing is done.  The oil companies state to the senators that their prices have increased slower than any other comodity.  Yet the simple reason behind this eludes our leaders...the reason...because the oil companies are the catalyst for the rise in every other price.  A farmer, with a tiny edge of profit, cannot afford to absorb the gas prices as they are, and so the prices snowball into every other thing linked to them.  So, why do prices rise?  Well, aside from the legitimate reasons mentioned in the beginning, it is because there is no one who tells them that they have to stop.
631272
No special reason, just because when the price or oil raise,everone go to buy gas so the price of the gas will raise either.
806984
I believe the Bush administration Is the cause for the increase in gas prices. Do you remember when the Vice President had a secret meeting with the oil big wigs? This meeting was so hush-hush the president went to the supreme court to have the minutes sealed. soon after gas prices went through the roof. The Bush started the war in Iran. We had Gulf coast storms. There were a lot of factors but mainly it is greed by the oil companies. Oil companies will site market conditions as the reason for gas prices increasing. What they wont tell you is that they caused those conditions. ask them why did they close oil refineries down in Calif. and not build new ones?
581781
There is NOT a supply shortage. Even OPEC and Saudi Arabia are saying there's no shortage. They are saying the gas prices should not be anywhere near as high as they are. What's raising the cost is that oil companies are gouging everyone because they basically have a collective monopoly, even though they're supposed to be in competition with each other. That's why oil companies keep scoring record profits each year while average Americans are getting poorer.
202996
I have! Oil prices go down and gas goes up. Supplies increase the price at the pump goes up. The 2nd biggest oil deposit in the world comes under U.S. control.... You get the idea. Enough is enough. His friends have all made a buck on this insanity, let's go back to $1.00 a gallon.