Why is gas expensive especially if it's refined by some oil companies are based in the u.s?

price has been going down, was 2.99 here, now I seen it for 2.37Why is gas expensive especially if it's refined by some oil companies are based in the u.s?
GREED!Why is gas expensive especially if it's refined by some oil companies are based in the u.s?
OPEC sets oil prices- and they are not conrtolled by the U.S.
It is called Supply vs. Demand.


It is also called the cost of the supply..





Rather you know it or not, we have not built a NEW refinery in YEARS! it is against the LAW for them to build anymore. It is also against the Law for them to drill in the USA without permission from the Congress or EPA.





Supply vs. Demand. We demand a lot of fuel, yet we have limited resources to make the fuel.


Fuel cost so much when the starting price is at $70 per bbl. Cost starts high, federal tax is included, local tax gets added. HIDDEN taxes that get added by the manufactures of the fuel because all cost get passed on to the end user.





Open up the market to making more refineries and drilling and you will see the terrorist markets close, Hugo Chavez lose his market. and the USA thrive.
Supply and demand, same as marijuana or hardwood furniture from the US.
The united states does not have enough refining capacity to meet the demand of the US economy. In fact we have 2 less refineries now than we had 30 years ago. There is only one new one under construction, I believe in Arizona. It has been years undergoing envoromental impact statements and law suits from various groups. It will be at least one decade before its done.





It will be the last one built in the US ever again.





Get used to it. Oil is not a renewable fuel. At some point we will reach the peak of production. After that all the oil in the world that is easiest to obtain, will be gone. The last half of the oil will be in places like the arctic and deep beneath the sea floor. Very deep. The cost of getting it will go up. At some point it will cost one barrel of oil to get a barrel of oil. At that point, you better have a back up like cold fussion working or someting. Other wise the global economy will collaps. It only functions because oil is cheap now. AS soon as it gets too expensive, goods will no longer ship from here to there. It will just be too expensive. You will travel less. You world will srink to just as far as you can walk or ride a bike.





Once an oil well gets just so low on oil they use a trick called bottle brush drilling. Once a well is drilled in this fashion, thats the end of the well. When the oil runs out its done.





The largest oil field in the world is located in saudi arabia. Its already been bottle brushed. You do the math. The largest oil field in the world is on its way out. What is the long term projection for oil now? No you won't read about it in the news paper. Its not a news story now. It will be at some point.





Further more ALL of OPEC lies like a cheap rug about how much oil they have. It is an opec agreement that they will only ship a certian percentage of the oil they have....in order to ship more oil and make more money, they must fudge the numbers about what they have in the ground. Also a well know fact, also ignored by most every one.





So if you have an estimated 8 billions barrels of oil in the ground and your dictator needs more cash, you announce a new discovery that in fact the oil field is really 10 billion barrels. Now the amount of oil that you can ship is increased and your dictator is happy.





With modern technology we have discovered where just about every drop of oil happens to be. For some reason every now and again inspite of having shipped zillions of barrels of oil over the years the estimates continue to grow. Because the need for ever increasing amounts of cash? You decide.





Some time in the next 20 years oil will get very expensive.





Supply and demand. Nothing more.
Fuel prices increased about a dollar a gallon from a year ago. Crude prices didn't increase nearly that much, gas station margins didn't increase nearly that much, the reason has to be in the middle. The refiners costs certainly didn't increase much, the distribution costs didn't go up that much. Supply and demand wouldn't have that kind of effect. What's left is the the middle man's margins resulting in the staggering profits reported earlier this year. How could prices increase so radically? Competition should hold them down, but this didn't happen. The pro big business attitudes of the republicans has created an environment of permissiveness and lack of enforcement of anti-trust laws. Anti-trust laws prohibit things like bid rigging, predatory pricing, and price fixing.