Friday, December 18, 2009

Why do gas prices remain high despite the recent fall of oil prices?

at $94/barrel gas prices should be arround $3.10 per gallon in the US, yet they are at $3.75 and higher, why?Why do gas prices remain high despite the recent fall of oil prices?
Ironically, gas is dropping in the Phoenix area. Down the street is $3.26 a gallon. We all think it's just so bizarre and think it must be some mean joke by our Arizona politicians! %26lt;guess who that might be?%26gt;Why do gas prices remain high despite the recent fall of oil prices?
It does seem to contradict the reasoning for high gas prices, doesn't it??





The last several months, with high barrel prices, ';they'; used that to excuse why the gas prices were so high...they are lower now...and they are STILL high.





';They'; say gas prices are high in the summer and during vacation time because lots of people are traveling...in the winter time, ';they'; say gas prices are high because of the high demand for heating oil.





';They'; use every excuse in the book, don't ';they';??
Retail gas prices lag 2-4 weeks behind oil prices. The price at the pump you see now is largely reflective of early september oil prices.





Supply, refinery, and distribution issues like hurricanes further confound things.





The fact that I am thumbs-downed by everyone demonstrates a basic lack of understanding here. It's very sad.
Because a month ago it was at $4.25 a gallon. If you notice the trend of gas prices, they seem to be stagnant and when we get comfortable, they skyrocket. Once they skyrocket 50 cents, we readjust our budgets. Once we are readjusted, the gas prices fall about 25 cents. In our eyes we are getting a bargain because we're used to $4.00 a gallon rather than $3.79 and we want to buy up the gas while it's cheap.





It seems to me that this is how they soften us up. They shoot the prices up, then drop them down to something higher than what we originally paid for them. Not to mention the outrageous taxes we are paying for gas prices.





Here's an eye opener. Our legislators set their own salaries. Our legislators also get travel stipends. So these taxes pay their salaries, and they also pay for travel expenses. WTF just happened? Not only do they have any real incentive to do anything about gas prices, but the more expensive it is the bigger our government budget gets.
1. Where I am at it is 3.17 a gallon (I just filled up this morning).





2. Not defending the oil companies - because I do think they are raping the American people - but as the prices increased, they did not match the increase ';penny for penny.'; If the price increased by 30%, the cost of gas did not increase at that same rate. Just an FYI on that issue.
Trickle down economics, voodoo economics, fuzzy math, Fck IDK!





TG, dude, you're killing me with naitivity, it's really scary...STOP IT!
It always does seem to go down slower then it goes up..???





I am sure the refineries being down in Tx have something to do with it. Have you not seen the news that some places have NO gas
Price Gouging-if you have to have it, you will pay it.
GREED
Demand





I live in Omaha, Nebraska and it's $3.15 here


Its all about supply and demand

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