Why do gas prices keep going up up up?

Question

when will the prices stop going up?

whats making it go up?

will it ever go back down?

Answer 1

I think it's greed that making these prices go up. In louisiana where I'm at, gas is about to be $4/gal. That's the day I start riding my bike.

Answer 2

running on empty oil wells and no guts to walk just 2 days a week.

Answer 3

because of oil !!

Answer 4

Cause bg is greedy co

Answer 5

i cant believe ppl in the usa complain about petrol/gas prices...in the uk we pay the highest prices in the world...we pay over 3 times what you do!

Answer 6

Other countries in the world are becoming more industrialized  and so now those countries like China are buying more oil because more people in that country can now afford cars.

Plus they have a huge population too.

That's one of the factors. Compared to the rest of the world, we are spoiled. Everyone will have to compromise a bit, like selling the big SUV, and owning an RV or boat is gonna me more tougher. That's why in other countries, they don't really have the camping, and boating, and nobody has the SUV's, because cars and gas cost more.

Answer 7

because gas is a nonrenewable source, which means you can't make it again,(unless you wait for 100years!)we are running out of gas, which means the price is going up!!! It will never go down, unless we find more gas somewhere else. Other wise the gas will be all used up in about 10 years.

Answer 8

The main reason why prices of gas are incresing is becuase its running out and its need is increasing as countries like china develop  

Our use of oil is unsustainable at the current levels using the current sources

It is extreamly unlikely to decrease in price anytime soon although in the long run it may when the preportion of attuturnative fuels used in the gas we currently have increases or the cars we use develope to use different sources of energy

In the short time the reason oil prices have increased is becuase of the credit crunch (i dont know weather you use that phase in america if you are american then its probably becuase of the troubled ecanomic times we are in)

Also in england one of the largest oil plants has just closed becuase of a strike so the price has shot up right now

Answer 9

I blame us, the American people. This is as far as we will go to do something about it.

I say we need to do an economic boycott for a month on gas company's.

For 1 month don't buy gas from a certain gas company.

Answer 10

Supply and demand.

Low supply and high demand means high gas price.

High supply and low demand mean low gas price.

We have control over the demand. OPEC has control over supply. If they wanted to they could cut the supply enough to send the price of gas to $10 or $12 a gallon or more.  We depend on their oil. We need to find a way to do without their oil!