Do you think gas prices are fair??

Question

Do you think gas prices are fair??

Answer 1

no.  we are owned by a monopoly called OPEC who can adjust supply as they see fit.  we need to kick china out of the gulf of Mexico, and start drilling there, and drill Alaska.  the wildlife in Alaska will adjust, and with modern drilling techniques, they are hardly affected at all.  and we need to get back into producing synthetic oil from coal.  we have more coal than the rest of the world and know how to turn it into synthetic oil, and the cost is about 35 dollars a barrel

Answer 2

Not really but hey, everything has to go up.  I just don't understand why it fluctuates both ways on a weekly basis.  I live in a rural area, many miles east or west are major metropolitan areas & their gas prices are always at least 15c cheaper than what I pay.  I think that's what is unfair, fuel should cost roughly the same across the state.  And that fuel they make out of corn, though it may be renewable, is simply driving up the cost of anything dairy-related b/c of the competition for corn

Answer 3

Yes, considering how much damage we are doing to society by driving around, I think they are more than fair.

Answer 4

"Fair" is what people are willig to pay.

Since there are still congested roads the gas price seems to be affordable enough...

Take a look at europe: gas costs about twice as much as in the US over here! (but still people seem to be willing to pay for it)

Answer 5

we have paid too little for gas for a very long time,so it is fair.compare with a gallon of milk.doesnt mean i like it though

Answer 6

No, it should go back down to 99cents a gal;

Answer 7

Oh, and Michael C is wrong: Russia has far more coal, turning it into oil is not that cheap, and The US is only around 6-11% self sufficient for oil on its own soil.

Answer 8

oesn6t matter because in exactly 58 years or sooner (depending on everyones gussying) all oil and gas will be depleted from the world

Answer 9

Personally I just fill the tank. I gotta use it, they could care less about what we think!

Answer 10

It's way too low. Look at other countries like Japan, England, France, and others where fuel is double or triple what it is in the U.S. They are way ahead of the U.S. in fuel mileage. They were forced into it by high fuel prices. Years ago. While the U.S. automotive industry is busy constantly developing new and amazing ways to burn fuel at alarming rates (Hummers, Escalades, fill in the blank with your favorite gross fuel consuming vehicle), Japan and Europe are busy developing high-efficiency vehicles. If you look around you, it should be obvious that the last drop of fuel burned on the planet will be burned in a Chevy Suburban idling with the air conditioner blasting with dad behind the wheel watching a DVD in the dash and parked in a WalMart parking lot while the rest of the family is shopping and eating happy meals at the McDonald's. Why? because fuel is too cheap, that's why.

Answer 11

Given the actual question, I would have to say my knowledge of fuel stations seems reasonably fair. Even with domestic oil.

An exploration company spends a few million dollars to drill a producing well. They can sell the oil at the market price and aren't in the business of throwing money away. They pay a fee to have the oil delivered, via pipeline, to the refinery. Refineries aren't cheap to build or maintain, those pesky investors keep expecting a profit, and Oh, Nertz, it's payday again?

Again pipelines take a toll for the traffic to get it to regional terminals. The pipeline owners don't operate and maintain the pipelines out of the goodness of their hearts.

Pipeline to depot, depot into tanker truck and off to the station. The truck driver didn't pay for his truck with lottory winnings, and no insurance companies are sponsoring, meaning he needs a reasonable return on his part of the transaction.

The owner of the station where the driver unloads the fuel needs, for the most part, enough revenue from his gasoline sales to maintain his pumps, pay for the power to power them, (meaning he only marks it up about 8 cents per gallon,) and makes the majority of his profit from drawing people into the store for increased sales.

I don't blame anyone for trying to make a profit.

Supply and demand being what they are, (sorry I can't change that number and I'm about to be contributing to demand,) given the trading cost, yeah, gas is pretty reasonable.

D