I keep hearing that there is a gas surplus shortage, and that's why the prices are so high,?

Question

on the same day I hear that we have reduced our usage by approximately 1%. Does anyone else think this is a bit of an inconsistancy?

Answer 1

Gas prices are high because of the "weak" dollar. When the dollar is devalued on the world market, it takes more of them to buy the same amount of oil, hence, the prices rise. There is no shortage of oil on the market which is why OPEC refused to increase supplies.

Answer 2

1. We haven't built a new refinery in  the U.S. in over 30 years.

2. In those same three decades we have flooded our roadways with vehicles.

3. In those same three decades the number of privately-owned vehicles in China's capital has gone from slightly under two thousand to over two million. Similar increases can be seen in other Chinese cities and in India as well.

Quit listening to those voices!

Answer 3

Yep, I sure do!

Answer 4

How can you have a gas surplus shortage. ? You can have a gas surplus or a gas shortage but never both at once !!!