Why is gas prices so high? Why does the gov need so much tax?

Question

Why is gas prices so high? Why does the gov need so much tax?

Answer 1

gas prices are so high becuz the gov the gov doesnt give a **** becuz he is getting paid to raise them so  thats why

Answer 2

While supply has remained more or less the same over the last few years, China and India have a HUGE demand for oil, hence one reason the price of oil is up.

Another reason is the decline of the US dollar. You are seeing the rise in all commodity prices due to the falling dollar. Oil hasn't gone up as much if it is priced in euros.

Also the demand is for light sweet crude. The Saudis mostly produce sour crude, so even if they produce more, they will not be adding to the supply of the more desirable sweet crude.

Answer 3

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Answer 4

The federal gas tax is actually only eighteen cents--a small fraction of the cost of a gallon of gasoline.  Furthermore, suspending the gas tax would have no impact on the price of gasoline.  For more information, check: http://www.associatedcontent.com/article...

Answer 5

gas prices is so high because the price for per barrel is so high because its in such large demand gas stations have to raise the price to make a profit

Answer 6

Gas prices are high because your fearless leaders are busy inflating the dollar into worthlessness.  

Don't let anyone try to fool you and tell you any different.