Gasoline soon to cost $10 a gallon?!?!?

Question

http://www2.nysun.com/article/75363

This is ridiculous, these robber baron oil executives deserve to be strung up.

Especially since there is NO REASON AT ALL to increase the cost of gasoline. They perpetrate the LIE THAT OIL IS A FOSSIL FUEL WHICH IT IS NOT.

The truth is, there is almost an unlimited supply of oil, since it is ABIOTIC. If you don't believe me, look it up.

These b******s deserve death for what they are doing to people and this country.

Answer 1

Many of my co-worker believe the government wishes to get rid of the middle class.  Slowly they are getting their wish.  With terrible consequences.  People are driving less and buying less fuel.  People are buying less goods in the WANT category and just buying in the NEED category.  So what is my point?  All this reduction in buying provides less and less tax revenue to the Federal Government and State Governments.  With more people becoming unemployed due to companies closing their doors due to high energy and transportation costs amidst declining sales means a very bad downward economic spiral.  By then the Government will not have the money for all the social programs needed to take care of the formerly middle class they have conspired so long to get rid of.  

At least that is my take on this matter.  Many will disagree with various parts of my answer.  No problem here.  Shoot away.  But many know some of what I say is or about to be true.

Answer 2

There is no law saying you must purchase gasoline.  If you don't like the price, stop buying it. Its that simple. This is America. No one forced you to own a vehicle.  Millions of people in this country get by with no vehicle. I own a car. But, now that it is warm, I have started biking to work. I go 9 days on one 13 gallon tank of gas.

Answer 3

I wonder where is our government? What the h**l are they doing about it?

If gas keeps going higher we are looking at worldwide calamity.

The oil company execs should be hung in a public square.

Answer 4

its up to us

when do we riot

Answer 5

Yeah... fuel is raising and our pay is not raising.

As you know when fuel raise everything goes up. As we need fuel for everything. so for example take a look at this supply chain.

Farmer A - produce chicken at $1.5 per lb

Since fuel price goes up. The freight cost increases. So Farmer A decided to increase the chicken price to $1.7 per lb.

Since chicken increase price the super market or restaurants

will follow suit they will increase the price. However not just 20 cents. Because everything raise and so it will ultimately add up to another 50 cents.

So there are people who wanted to use this opportunity to  increase their price so they increase it by a $1.00 instead of the $0.50 price.

So everything raise and our salary is not increasing. From a big picture point of view all our wealth is going to the OPEC gang ..... (Bush's best friend)



So now who really control the economy? the OPEC ?

Answer 6

You do realize that the government makes more off of a gallon of gas than the oil companies do and that oil companies only make about a 10% return on there investment where credit card companies usally make 30% or more. Just something to think about.

Answer 7

they are probably going to do this:

raise prices so much that people buy electric cars

then raise prices for electricity to charge them

they can charge whatever they want.. its rediculous.. i think 4 dollars people can stand, 5 dollars is up there, but 7-10 dollars? people can not afford to drive anymore, including any private or public transportation..

anything to get more money

Answer 8

Most of you do not realize that oil/gas is an import. Our dollar has declined greatly so now it takes more to buy the same. 4 years ago it took 60 cents to buy a Canadian dollar, now it is dollar for dollar. The dollar declines because we import more than we export, if you want to change this buy more American.