Why does oil have to keep rising?

Question

Why can't they just keep it at one price? Whats the big deal?

Answer 1

Greed is the only answer. The worlds natural resources should never be owned by anyone, they belong to all the people of the earth just as the water does and the land.

George Bush is not the number one cause but he is one

of the biggest contributors of the problem the Iraq war for

one. Tax breaks for another and government subsides for another. The government of this country is one of the most corrupt in the world and the people of america just keep

it going by voting the same aholes in time and time again.

Answer 2

It's rising because we have to buy oil from other countries and those countries are stubborn and they rise there prices. So now we have to pay more because how else are we going to afford the oil.

Hope this helped.

Answer 3

It is a combination of the speculators (who buy oil 'futures'), greedy oil companies, and the OPEC enemies who keep the price of oil and its products artificially inflated.

Make no mistake, there is more than enough crude oil to supply earth's energy needs for the next 500 years and there is NO problem with the refining of that oil.  

The 'shortage' is all man-made (unlike the 'climate change' which humans cannot affect in any way).

George Bush has nothing to do with it.  It is speculators, oil companies, and OPEC..in that order...which keep fuel at such a high price.

Answer 4

why cant the people you work for just keep your pay at at one level???   several things...1..the dollar has lost 50 % of value over 10 years...cos have to charge more to keep even...2..china and india r using 200% more than 5 years ago...and going up..3..in the 1970s and 80s oil peaked in many old low cost areas..USA...North Sea,,,Mexico has droped production by half!!!   4... most countrys took over oil fields from oil cos in the 1980....today only 10 % of oil is owned by the big oil you all hate...cant blame Bush unless you know nothing...i hate him too..

Answer 5

So we can get it out of the ground.

Greed and not caring for others.

Answer 6

Because the perception is that there is more demand than supply...and people are willing to pay more (despite the grumbling).  

How many people have gotten rid of their trucks and SUVs for smaller/hybrid cars or bicycles?

Answer 7

Demand.  Politics.  Greed.  Competition.  Waste.

Answer 8

Please review Supply and Demand.

Answer 9

W. has destroyed yet another thing. the economy!

Answer 10

Because we're running out of oil. It doesn't just magically pop out of the ground, you know.

Answer 11

Be prepared the Arabs are trying to get control of this country. With the continued high prices we could fall into a deep world depression.

Answer 12

They keep jacking up the price until demand falls off.  It the law of supply and demand at work.

Answer 13

Becuase the oil is a natural resource that can't be created. Oil is limited. people dig up more oil and there's few left.

oil becomes scarce and thays why the price keeps rising.

Oil is needed by everyone an even if its more expensive, people will still pay for it.

Yes George Bush made everything difficult by starting a war

America's economy is going down right now. America use too much money on the war. And everything got more expensive.

Answer 14

Because of George Bush

Answer 15

Oil isn't rising really.  Gas prices are.  There's a difference.  The oil companies are just BSing us about that and blaming it on the war so they can jack up their record breaking profits.

Answer 16

It did not rise today for the first day in a while....

We are using more then we can produce, buy.

Are government has kept it down in price for we are the food source for the world. We hurt and everyone is going to feel it.

Don't sell us oil we will take the food we produce and put it in are gas tank, America will get by. These other countries with oil can not produce food.....I much rather have a full belly then a full gas tank.

Answer 17

cuz bush is with the oil comany and wants his busines to do well

that's just my opinion

Answer 18

Greed

All you need to do is look at the record oil company profits posted this week.

Answer 19

oil is rising because OPEC is like a monopoly of the countries that control most of the oil in the world. they purposely drill as little or as much oil they want to create whatever prices they want. its supply and demand but we dont really have a shortage of "supply" they just artificially create a shortage in supply.

most US officials do nothing about  this which creates a problem for us.

its pretty simple oil is a necessaity (at least as of right now) for the US. It is a need. EVERYTHING is ran off it. Shipping industries(from electronics, food, parts, etc...)are transported there by truck or planes (gas), people get back and forth to work(gas).

Whether there is a shortage or not if I know you NEED something to live your life then I KNOW you'll pay top dollar for it.

Also the US dollar is weak therefore it takes more of out money to buy the same amount of stuff anyway in the world market.