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How many morons can there be justifying gas prices?
Search previous answers and so called experts, or people who think they know anything will say its not a scam, its supply and demand and its a "free" market. I guess the idiots never thought of it like this…….yes supply and demand determine price, decrease supply and demand rises with the pricing.
So, experts….explain this. For those whos answers is a free market, how is a monopoly of oil producers (OPEC) who all decide to cut production to increase the prices a free market?
Experts who answer with, "Its just supply and demand, no scams there"…….. I guess the "few" oil producers teaming up to cut production to keep prices high is standard supply. And I guess all of the gas companies in the USA, just "happen" to do their scheduled maintance during the busy season is pure coincidance and not trying to keep supply down, let alone even building a few more refineries.
You must think the oil producers are all greedy, so they intentionally get together and reduce supply so they can raise prices.
Let’s go with that assumption. They are all greedy. Wouldn’t one of these oil producers cheat and produce more oil so that they could get the bigger share of the artificially inflated profits.
When they do, supply goes up and prices drop. This is how the economy works.
When everyone acts in their own best interest, everyone wins.
Hello, McFly! we are the capitalist they (OPEC) are not!
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If they are cutting production to keep the prices high, then why don’t we just buy our oil from the same place(s) the countries do that are still charging well under $1 per gallon for it?
Oh yeah…they’re subsidized…you read that article on Yahoo!s front page too, di’ncha?
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Just move to Canada, theirs never wars, they love everyone and only pay around $5.00 a gallon. I dont care what gas is I need it I will buy it.
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You must think the oil producers are all greedy, so they intentionally get together and reduce supply so they can raise prices.
Let’s go with that assumption. They are all greedy. Wouldn’t one of these oil producers cheat and produce more oil so that they could get the bigger share of the artificially inflated profits.
When they do, supply goes up and prices drop. This is how the economy works.
When everyone acts in their own best interest, everyone wins.
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George Bush raises the prices so that more money goes into his pockets.
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It takes a lot of capital to buy up and stop any successful public transit system or screw-up those not buy-able. Do you think it’s easy stopping all new transportation options; if not for Clinton and Bush we might have to cut our dividend, so stop moaning and indirectly buy stock like most politicians.
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Yes we know we’re getting hosed, and there’s not a darn thing we can do about it.
Don’t like it – ride your bike, consolidate trips, use public transportation. If everyone did this (which they won’t) eventually – maybe – the price will go down again.
But I doubt it.
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it’s supply and demand my friend, there are 300 million new car owners in china, and 5 billion more saving up for one.
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I would say that the number of morons justifying gas prices is roughly equal to the number of morons that are whining about gas prices.
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