How can this be allowed?How can gas prices be so high when the oil companies are making record profits?
I asked this recently too and was given a very good answer so here it goes: Oil Companies Internationally are lowering how much oil they make so the price will raise=supply and demand. Its a great idea to make them richer, they are basically doing half the work but still making the same or even more money so why put in an effort to make more oil when they are making the kind of money they are making. The US can not do anything because it is International and the US has no say in International affairs. Many people believe that it is because there is a lack of oil but that is not true. They say for every 4 oil barrels used, we find 1 barrel of oil. This is true but just because they are lowering their efforts to find oil so they can raise the prices.
It sucks for us who paying so much. But sure does make you want to get in on the oil business.How can gas prices be so high when the oil companies are making record profits?
It's call a free enterprise system. Gasoline is a commodity not a charity. We could drill in dozens of places throughout our own country and get cheaper oil, except the environmentalist nuts (with the help of the democrats) will not allow us to do so.
I get about 10 mpg with my SUV, it is a gas guzzler. But i don't care because i can afford it. Get used to it, there is nothing you or anyone else can do about it, nothing. HAHA!
Actually the gas is totally FREE, Be coz it's under the ground,in this planet earth, some countries has more and some has less or no.
It is allowed because we are not Communists or thieves.
Don't like it? WALK!
(P. S. Define ';record profits';. It means ';Media lies to stupid liberals to get them to attack American Business.';
Why do you think they're making record profits? Because the price paid is so high! You answered your own question!
It's their oil. They can do whatever they want.
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