Archive for May, 2009
Would you give up leisure driving and your vacation trip in an effort to lower gas prices?
Allen J asked:
I was recently told by a gas station owner that gas prices are going to steadily climb. He said that everyone is ignorantly allowing the wealthy oil companies the advantage to keep raising the price, by continuing to pay what ever they choose to charge. It is about supply and demand, right? If we do not drive more than absolutly necessary, car pool when possable, and make a few sacrifices on our pleasure trips, that would cut the demand. Would you make these sacrifices? Do you think it would lower the prices?
I was recently told by a gas station owner that gas prices are going to steadily climb. He said that everyone is ignorantly allowing the wealthy oil companies the advantage to keep raising the price, by continuing to pay what ever they choose to charge. It is about supply and demand, right? If we do not drive more than absolutly necessary, car pool when possable, and make a few sacrifices on our pleasure trips, that would cut the demand. Would you make these sacrifices? Do you think it would lower the prices?
Why are gas prices going up around the world?
Sarah asked:
The U.S. is not the only country where gas prices are going up, it’s the same situation in Canada, the UK and most of Europe, but what are the reasons for it?
The U.S. is not the only country where gas prices are going up, it’s the same situation in Canada, the UK and most of Europe, but what are the reasons for it?
I know this question has been asked many times and I’ve searched for the answers, but I always find a conspiracy theory or answers that blame Bush and the war in Iraq. Without giving me a link to a you tube conspiracy theory video or simply blaming Bush, can someone please explain to me why gas prices are going up almost every day in most developed countries?



