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Q: Gas Prices ( No Answer,   10 Comments )
Question  
Subject: Gas Prices
Category: Business and Money > Economics
Asked by: beasley-ga
List Price: $5.00
Posted: 07 Oct 2005 09:21 PDT
Expires: 06 Nov 2005 08:21 PST
Question ID: 577567
Why are gas prices so high?
Answer  
There is no answer at this time.

Comments  
Subject: Re: Gas Prices
From: scriptor-ga on 07 Oct 2005 09:31 PDT
 
In the USA, gas is cheap. Far too cheap.

Scriptor
Subject: Re: Gas Prices
From: anspu-ga on 07 Oct 2005 10:32 PDT
 
Hi there,

       Check out this website. Its not very technically detailed. But makes sense.

http://money.howstuffworks.com/gas-price.htm

Regards
Subject: Re: Gas Prices
From: steph53-ga on 07 Oct 2005 10:37 PDT
 
Cheap scriptor??????
Subject: Re: Gas Prices
From: scriptor-ga on 07 Oct 2005 10:40 PDT
 
Certainly, dear steph53. Extremely cheap, compared with gas prices in Europe...

Scriptor
Subject: Re: Gas Prices
From: myoarin-ga on 07 Oct 2005 19:31 PDT
 
Yes indeed, Scriptor, but I would argue that the prices at the pump in
Europe are too high (rather than that US prices are too low), burdened
with taxes that increase with the increase of the basic price for the
gas, not to mention the spurious argument for adding a tax to
obstensibly reduce consumption and then reaping the tax income because
the market is inflexible.
Myoarin
Subject: Re: Gas Prices
From: vsssarma-ga on 14 Oct 2005 05:01 PDT
 
Hi, Beasley! Gas prices are getting higher and higher because the
consumption is getting higher and higher and production is not able to
keep pace with consumption. Added to these woes is the political
situation, the Russian trouble with Oil companies, Strikes in Nigeria,
Extremism in Saudi Arabia, Katrina, Rita, huge growth in China and
India, etc.etc.
Subject: Re: Gas Prices
From: research_help-ga on 14 Oct 2005 12:57 PDT
 
It does not cost less to maintain roadways in the US than in Europe. 
In many European countries the tax for roads is added to the cost of
gas (users pay.) However, in the US, more of the tax is raised from
other sources such as property taxes, income taxes, etc.  No one is
getting off any cheaper, different countries just collect the taxes in
different ways.
Subject: Re: Gas Prices
From: myoarin-ga on 14 Oct 2005 19:39 PDT
 
Research help,
In Germany, only in principle is there a tax on gas for roads. 
Principle was the wrong word.  It is defined as a tax for this
purpose, but by law, tax is just tax, all going in one pot, and the
amount collect is not spent for that purpose.
Myoarin
Subject: Re: Gas Prices
From: forex-ga on 25 Oct 2005 19:57 PDT
 
SUPPLY VS. DEMAND.          It is that simple.
Subject: Re: Gas Prices
From: chadc2k-ga on 01 Nov 2005 11:02 PST
 
I work at a gasstation, and this is what we have been told are to be
held accountable for gas prices being raised <or lowered>:
during a major price raise three things effect price: the price the
government pays for crude oil usualy by the barrel going up, the
prices raise to meet the higher demand, certian things can cause the
raise in price: natural effects, like hurricanes hitting major
refineries, which cause a temporary shortage in the amount that gets
proccessed. and competition is another cause for a raise in price.
everyone trying to outsell the competition while still making enough
money to purchase the fuel.

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