From March 2007 to March 2008 Americansdrove 11billion fewer miles than the previous year.(Please read details

Question

Not only that, we're using a lot less oil because we're starting to take advantage of alternative fuels like Ethenol and Hydrogen and we're also trading in our gas guzzling SUVs for Hybrids. So, I ask the question Why is gas $4 a gallon now? Why isn't the whole "Supply and Demand" thing working with oil? It's quite obvious that this is a conspiracy. I also keep hearing about China and India buying up all the oil and oil is a global commodity and that's why Americans aren't making an impact. I don't understand why we don't keep our oil a domestic commodity and tell OPEC that they can keep their oil. We need to stop buying foreignoil and start tapping into our own oil reserves. I'm all about preservation, but when families are going hungry because they have to pay $150 a week for gas to get to work then we need to tell the environmentalist to step out of the way because making people go hungry is a lot worse that killing a couple of trees and a few birds.

Answer 1

Because OPEC is a cartel, and being such, operates much in the same manner that the diamond cartel does: it knowingly and willfully restricts supply to keep prices high.  they want prices high enough that people will keep paying for their product, but not so high that it causes demand to drop.

Americans will have to buy hybrids and look into alternative fuels.  Food-based fuels like ethynol are not the way to go.  that just causes world food prices to go up.  What we need are fuel cells, electric cars, and home-recharging units in our garages so we can be free of the grip of the oil companies.  

I for one do not want America to become like Europe with their stupid ugly little toy cars.  They are so lame.  What we need is for domestic auto manufacturers to turn all cars into hybrids so we can have cool looking cars that get good mpg.  If Toyota can turn the Camry into a hybrid, and Honda the Accord into a hybrid, than Ford can turn the Mustang GT into a super-charged hybrid and GM can turn luxury-crossover Buicks into hybrids.  All vehicles should be hybrids from now on.

Answer 2

its not about the spotted owl........

we have an abundance of hard-to-reach oil in north dakota, wyoming, the rockies and alberta cananda has huge oil shale deposits. Noone is willing ot invest in refining the technologies for 40 dollar a barrel to extract oil when we still have 1 dollar a barrel to extract oil in the middle east. The big culprit for our high gas prices really is...............

the falling dollar, if we would just pay oour debt and raise interest rates, we would get investment to return to the dollar and world trust in it again. If the dollar collapses , oil will cost 10 times a much.............

our 10 trillion dollar debt doesnt look like a goood bet to other countries so people (including americans) are investing in oil against it instead.