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Opinion: Gas Prices

March 25, 2011

With all of the conflicts and wars going on around the world, do you think that the gas prices reflect the growing need for this fuel type or do you think the gas companies are taking advantage?

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Comments

Reflects Conflict

March 31, 2011 by editor, 3 years 17 weeks ago
Comment: 355

Gas prices are without a doubt a reflection of the conflicts and wars taking place over seas. We do not hold the monopoly on oil wells, in fact most of the oil we produce is hoarded back as a sort of dooms day stash. With the issues going on in the middle east, one of the top produces of oil in the world, we are starting to have to dip into reserve oil (which would go to support our military and citizens in cause of mass chaos) which makes prices raise because it takes more to put it back then it did to put it there originally.

But don't get me wrong, I am sure that there are places where the prices reflect the conflicts and you have price wars going on between stations because if they are all high and take turns being just a few cents cheeper, then they all stand to make a fist full of cash!

The average United States

May 12, 2011 by ShawnBox (not verified), 3 years 11 weeks ago
Comment: 571

The average United States gasoline price hovered around the $4 mark last week, however experts predict relief by summer, reports North Carolina's High Country Radio network. Soon, gasoline costs will fall, which would appear to make sense in light of the current 15-percent decreased in the cost per barrel of crude oil. Once prices begin to fall, some believe it can be a slow, steady slide. I found this here: Experts predict gas prices will fall during summer

Gas prices

April 24, 2011 by oletafive (not verified), 3 years 14 weeks ago
Comment: 431

The president (Obama) is now aware that his reelection star is closely hitched to the price of gasoline. Obviously the Republican party is also aware the gas prices can help drive voters away from Obama, moreover, The Republican party has the ear (And support) of the oil cartel. It is in the interest of the Republican Party to keep oil prices high until after the elections (Yep, that is a year and a half away) then they can drive the prices even higher once they are back in power.

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