Question:

What started the whole rise in gas prices since 9/11?

by  |  earlier

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From what I remember, things were rockin along like normal until that happened. Then, all you know what broke loose. Can someone explain why gas prices have never been the same since that happened?

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5 ANSWERS


  1. China India and Russia are no longer poor countries and the people of those countries are buying automobiles for the first time

    .. .. ..

    And when a country that  has 1/4 one in every four people on earth live at China you can not even imagine how many automobiles are on the road

    In China alone that were never there before

    .. . ..

    And all the people of those countries are able to eat out and shop when they want to

    .. . ...

    The needs for the stores are at a level never before thought possible

    ... ... ...

    So Now you have just 3 mega population countries in need of more things that come from or have a connection to crude oil in one way or another

    .. .. ..

    And this is in addition to the already established countries of the world that are already in this state of prosperty

    .. .. ..

    Then there are what are called futures buyers on the stock market they are the ones who are the middle man between OPEC and the users aka countries and they are getting greedy as all get out

    .. .. ..

    And now you know a little of the greedy world we live in

    .. . ..


  2. Too much dependence on foreign oil. When we don't supply our own oil, we are subject to foreign corporations.

  3. Gas prices went up because our planet is running out of crude oils. Thats it.

  4. 30% of our oil comes from foreign markets, we need to drill here in the US.

    Supply isn't keeping up with demand.

  5. Other countries realized they have most of the oil and we want it, so they can charge us exorbitant prices for it.

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