I Need Eight Good Questions On Why Gas And Oil Prices Are So High. Can You Help?
I am still doing a survey on this and i need some good question please.
2 Answers - Sort by: Date | Rating
- Opec nations raising the price of their oil.
- Opec nations reducing or limiting their oil output.
- Refusal of congress to open up domestic oil fields for production.
- Oil speculation driving oil prices way beyond anything that can be justified by supply costs.
- Increased domestic demand due to increased population.
- Increased foreign oil demand.
- U.S. Regulations requiring different fuel formulations for winter and summer.
- Refusal of congress to allow expansion of refining capacity.
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Questions or reasons? We all have questions as to why gas is so high, but no good reasons. For once, there really isn't a legitimate reason. Everyone's trying to blame the stock market but I don't know of any reasons myself. It's crazy I know that!
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