has nothn to do with elections. never has and never will. gas prices are dictated by international events not political events here in the US. global crude prices have dropped more than $15 a barrel from their peak in mid summer when the violence in Iraq was on the rise.
the price of north sea brent crude has stayed below a $100-a-barrel level since earlier this month. thats the lowest levels in over two years.
and oil and natural gas production are at a 28-year high because of the boom in shale oil. US is burning less gas this time of year as they always do when the summer comes to an end. less ppl driving means less demand for gas therefore prices drop.
yea so? nothn to do with any election. there are numerous reason gas prices rise and fall but politics herein the US rarely hav anything to do with it.
yea so? nothn to do with any election. there are numerous reason gas prices rise and fall but politics herein the US rarely hav anything to do with it.
the U.S. now imports roughly the same amount of oil from africa as it does from the persian gulf. most comes from canada and latin america so american politics hav little to do with oil prices around the globe
Agreed ^^^
It comes down to GREED on the part of oil company executives etc.
When oil companies make a billion $ in profits every month there is no reason except GREED that they couldn't reduce the cost
of oil enough to reduce the cost of gas at the pumps.
But you know when you ask them how much profit is enough the answer is always "just a little more".
And since they know they have us over a barrel they can get away with just about anything they want to.
Lets face it - it's not like all of America (or the world) could boycott gas for a week to try and send them a message that
demand was down so that prices would HAVE to come down too. Therefore they have us over a barrel.
There is basically nothing that we can do to change the price of gas at the pumps, short of killing executives to send a message.
yea so? nothn to do with any election. there are numerous reason gas prices rise and fall but politics herein the US rarely hav anything to do with it.
the U.S. now imports roughly the same amount of oil from africa as it does from the persian gulf. most comes from canada and latin america so american politics hav little to do with oil prices around the globe
Don't forget all the state and federal taxes that have been tacked on. I read years ago that they're still pumping this stuff out of the ground for $30 / barrel , but that's from memory.sad that you would have to celebrate that as a good price. should be under $2 but those days are gone
6th highest gas tax in the nation.
If only gas could be made from water, or it was easy to separate H2O
6th highest gas tax in the nation.
If only gas could be made from water, or it was easy to separate H2O
Don't quote me but from memory cali is the number one taxerYou wanna trade prices ???
Don't quote me but from memory cali is the number one taxer
Hydrogen, a guy was running a fleet on it in the '70's, now the gov is involved and word is, it isn't a practical alternative.
CI$5.80 (Cayman Islands) convert to USD$7.00 per gallon.