From the article: Why Are Gas Prices So High?
Gasoline prices affect you every time you go to the pump. When gasoline prices are high, do you cut back on your driving, or use alternative transportation? What should the government do to end high gasoline prices? Who is to blame for high gasoline prices? Your Opinion
living on a budget
- I am praying the gas prices won't go any higher. I am on a limited budget and don't go anywhere now except to a doctor visit and take my daughters to appointments because we have the only car in the family. The gas is at $4.21 a gallon her in Washington State right now. It is shameful. I don't know how people can go to and from work every day. The one thing we have going for us here is a free bus system. I agree with a lot of people here that we need to use our oil resources. Why are we depending on other countries?
- —Guest Susan
What gives?
- If gas prices are driven prinicipally by oil prices, and the other components that affect the price have remained roughly the same for awhile now, maybe someone can answer me this question. In july 2008 oil hit $145 a barrel and gas hit $4.07 a gallon. Now oil is $95, or 65% of its peak, why on earth is gas around $3.70, or 91% of its peak? It should be around $2.66 a gallon. What gives?
- —Guest James Atwell
Speculation
- My first move would be to remove the speculator from the equation.Its sad that these vultures can manipulate the supposedly" free markets" so that they get richer at the little guys expense.
- —Guest Jon
COMMODITIES MKT. SHOULD BE OUTLAWED
- The only thing this market does is, take more money from the consumer and splits it with the producer. The big loser is the consumer, the BIG WINNER IS THE MARKET!
- —Garyseb
Cost of living
- I live in South Louisiana and I see what goes on. We live on the outskirts of our city limits with the closest gas station 3 miles away. They are higher than the ones in town. We are on a fixed income and have to pinch every penny. We have had to resort to taking one trip to town a week and get the cheapest gas ($3.69 currently). We need to eat and pay the bills too! We are not like our government officials (overpaid welfare receipients) and have expense accounts that pays for our gas, or anything for that matter. Someone is watching too many Star Trek movies, we don't drive flying saucers.
- —Mrrrowley
who is responsible for these gas prices
- A couple of months ago the price of gas per barrel was about the same and the price at the pump was a lot less, who is responsible for manipulating these prices, who ever is should be sent to jail, because this is hurting the overall's economy.
- —Guest Jean
gas prices
- i'm confused if oil prices are about $ 102 a barrel and gas is at $ 3.90 a gallon, and the high price is being blamed on oil prices, then why in feb of 2008 when oil prices are the exact same as they are now, why was gas $ 3.05 gallon then !!!! why the big difference if it's being blamed on oil prices.......
- —Guest charlie
why are commodity traders given a pass
- I don't understand why the same 'investors' who created the real estate debacle by buying up real estate and driving up prices can now do the same thing by driving up the price of oil...in both cases, regular people suffer
- —Guest phillip
Oil Companys
- There isn't any incentive for oil companys to pay less for oil. The more they pay, the more they make in profit. I think they should have a set profit per gallon and not a profit "margin". This would create the desire to pay less for oil.
- —Guest Average American
The Truth
- The US dollar will be dead in a few months. This does not mean that it will go completely away, but it will decline about 40%. The new world order will take place very soon. The elits have planned this all out and want to drive us all into more debt and pain before they introduce us to the New World Order. My advice would be to purchase gold and silver if you can. We the people have the power to stand up and make a difference. We need to come together now before it's too late!!
- —Guest anerob
Get Real
- The reason gas prices are so high can be placed squarely on the shoulders of Barack Obama. Since Obama took office, oil production and refinement is down over 60%. FACT. THAT is why gas prices are so high. Couple that with Obama appointing Chu to head the Energy department, and Chu has stated that the goals of the Administration is to have gas prices in America equal to those in Europe. Currently at over $10 a gallon. Nice try though.
- —Guest Palerider1957
Oil Price
- We should get rid of gas and oil WELFARE(lets call it what it is) first of all.Then remove the speculators(VULTURES)who manipulate the markets and get rich on the backs of the honest,hard working Americans that actually have morals.Improvements in mass transportation and alternate fuel vehicles would also help.
- —Guest Jon
Obama's plan doesn't reduce overall cost
- Obama's "plan" to reduce oil prices, is faulty at best. 1. Gasoline prices when studied from the purchase of crude oil to the gas pump (ei- $103 per barrel/55 gal. to the $3.90 per gal./$214 per barrel) is over twice as much. What is not mentioned is all the taxes placed on oil along the way in it's process to the gas pump. The federal tax only is applied at one juncture, but there is still the regulatory fees and taxes as well atlas the inclusion of ethanol which in itself increased the price of fuel. But by Obama seeking the bio-friendly means it only adds to more taxes that Americans will have to pay: new laws of inspection for bio-friendly vehicles taxed and regulated by the government, new electric meters for traveling vehicles taxed and regulated by the government, demand for more ethanol which is already taxed and regulated by the government. The list goes on... I do not believe Obama has a good plan.
- —Guest Shane
speculators
- We are paying the price on investors profits. We use less and less and still the price increases. Not everything should be traded as a commodity. We bailed out wall street once. The grab for money, money, money is what will ruin this country. IF this continues, we will see a revolution. And those who want drilling in the US only if it is not near them. I doubt that North Carolinians (where I live) would want drilling off the Outer Banks. We have to find new power sources!
- —Guest fed up
gas prices
- open up domestic reserves and complete our continental pipelines so we can be independant of outside US oil
- —Guest mike
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