we just have to face the fact that the fuggin oil companies have us by the *******. Damn.

 

More like the govt. Oil companies on avg make about 9 cents a gallon while spending billions on getting the gas to the public. The govt takes in an avg of 46 cents per gallon while doing nothing but passing legislation to restrict the oil companies and blaming them for gas gouging (sp).

 

simple solution to the problem is to build a few new refinery's. but they cost billions. so it isn't that simple. meanwhile, the oil refinery's now operate at 100 percent and above...not enough time in the day

 

Unfortunately the govt won't allow the oil companies to build any new refineries thanks to the tree huggers. All the different blends of gas they have to produce also adds to the bottleneck at the refineries.

 

The only way gas will go down is when vehicles that are powered by fuels other than gasonline are there as a competition. Since the oil companies teamed with our government won't let that happen, the prices will continue to rise. In 30 years, after they have made their multiple billions, when alternatively fueled vehicles start becoming commonplace, THEN gas will go down....if there still is oil. My guess is no.

 

It's not the treehuggers...give me a break. There's no incentive to build new refineries. What would that do, bring the price of gas down? Now why would they want to do that? Let's see, spend several million dollars on a refinery so that we don't make as much profit on each gallon of gas. Yeah, that's a smart move.

 

its a start though. soon enough people will star car pulling like my parents did back in the day. its sad that when i started driving at 16 gas was under 1$. im only 22 now

 

I remember gettin gas at 16 from the truck stop fillin up at 87 cents a gallon...Ahhh the good ole days.

 

Oil is a commodity. It can be traded in an open market between any buyer and seller. Exxon doesn't have to sell gas to consumers. It can sell it to other oil companies too. This is supply and demand. Demand at Sunoco goes up from boycott on Exxon, Sunoco runs low on supply of it's existing gas and needs more, so Exxon happily sells it to Sunoco at a higher price than it was selling it at the pump, which forces Sunoco to raise it's prices to maintain it's fat profit margin.

The only way to to reduce gas prices for good (not $100 coupons, or temporarily lifting some of the taxes, or going from mandated full service to self serve) is to reduce demand. Be it by walking, biking, car pooling, mass transit, alternative fuel vehicles, whatever.

P.S. I hate these threads

 

opec says they are content selling their oil at $51.00 a barrel and thats not happening....our own day traders are getting unreal bonuses keeping the price hi and the terrioristic threat tatics about what MIGHT happen if and if and if is in the mix to keeping the price spiking as well...i guess we will all get a refund if nothing never happens
they were just talking about the price spiking back up just because iran said this and iran said that...they are just playing their little game...put a bullet in that idiots head and all the rest will see the light...