Posts Tagged ‘Supply And Demand’
High Gas Prices and the Windfall Profits Tax
AntonBatey asked:
Why are gas prices so high? Inflation, falling dollar, supply and demand, greedy oil CEOs, government interventionism? What is the Windfall Profits Tax that Sen. Clinton and Obama want to implement? Is it a good or bad idea?
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?
What are you views on the high gas prices?
Michael B asked:
Do you think all of the people who whine about them should take the bus instead of whining and still filling their car up? Gas prices are as a matter of fact based on the supply-and-demand laws.
Ok let me add a second question, if gas suddenly became $10 a gallon. Would you still fill up your tank? If you couldn’t afford it what would you do?
Do you think all of the people who whine about them should take the bus instead of whining and still filling their car up? Gas prices are as a matter of fact based on the supply-and-demand laws.
Ok let me add a second question, if gas suddenly became $10 a gallon. Would you still fill up your tank? If you couldn’t afford it what would you do?