We will boycott EXXON and Mobile until year end and longer if they don't reduce the price of gas down to the $1.50 per gallon range.  When they reduce the price and people start buying from them again, then the other oil companies will have to follow suite.
210365
I work in the oil gas and petrochemical industry.\nI can tell you that if enough people around the world would boycott Exxon Mobile for more than just one day. Would take weeks if not even Months that oil and gas prices would go down. If in there city there is no Exxon Mobile stations then Texaco Shell should be boycotted. If there is not either of these companies then hit the largest US oil company Valero. But it will take millions of people to boycott and show that the public means business. There is no lack of oil for production they are simple holding back to inflate the cost. Which will once again show record high earnings for all of these companies.
534646
Gas prices will go down when Bush is gone! Dems. don't have oil buddies they are trying to make rich!
617467
apresocratic,\nRawk on, man!  I want what you're on...\n\nAdrian,\nYes, there are barriers in the U.S. government that are slowing the transition down.  However, keep in mind that big Oil companies are actually evolving into big Energy companies, buying into whatever will lead our future markets.  Everyone knows Oil is a time bomb waiting to go off and die out.  There's no reason not to encourage alternative fuel sources.\n\nAt the same time, we'll never be 100% off of foreign oil before it's gone, but that doesn't mean we can't get consumption down to a respectable number so that fluctuations in price stop having an immediate impact on our economy.
246455
Most anylists are predicting that the currrent price is the peak for the summer and that may drop slightly before the end of summer.\n\nFor info on finding cheap gas go to:\nhttp://www.gasbuddy.com/
171353
lower gas prices!!!!!!!
620951
Yes, there's an effect, but no it won't affect today's price.  It takes a while for the cheaper oil to make its easy through the refineries and actually get to the gas station, so there's a bit of lag time.\n\nThere's a decent article here about prices: http://www.npr.org/templates/story/story.php?storyId=5365439
169655
Let's take a look at a few facts.  First, the cost of crude oil for each gallon of gas sold in this country has gone up from about 35 cents per gallon in 1999 to $1.59 per gallon in 2006.   So ... crude oil prices go up by 454% over a period of seven years.  How much did gas prices go up during the same period?  Try 162%.  Looks to me like things could be worse.\n\nSo ... did George Bush set those crude oil prices?  Did the oil companies go out there and set the prices that high?  Helllloooo!  Do you think the oil producing countries like Saudi Arabia might have had anything to do with it?  Is it possible that the ever-increasing worldwide demand for crude oil was a factor?  How about the fact that oil exploration slowed several years ago when crude was selling for under $20 a barrel?  Now that the price is so much higher many more companies are getting into the exploration business ... but it takes somewhere around 5 years from discovery of an oil deposit to actual production.  The price of oil didn't start its uphill swing until about 2004.  Do the math.  You also have the fact that oil is a commodity that is traded on the New York Mercantile Exchange.  Traders have much to do about setting prices.  Do you suppose that George Bush is calling these traders in to coach them on just what those prices should be?  That's what the Democrats want you to believe.\n\nIn short, when supplies increase and demand decreases.
292659
That is a good point. I think most people would be greedy. I think personally I would take into account how much of that product people would need and wither people would be able to afford it. With gas it is used so much and by so many that they can afford to make it cheap and still get rich.
173519
Now that the oil companys know that we will pay $3.00 a gallon for gas, they will never let up. It's a shame that we cannot boycott them.
593245
I dont disagree with your theory.  I just want to add one of my own that helped push the prices up.\n\nA few years ago the oil futures went on the public trading market.  Yes.  The public, the entity as a whole that believed everything from the world is flat to Milli Vanilli can sing, is at the helm of the future prices of crude.  Can you imagine what happens when the public hears that there was a problem, of any magnitude, to a oil line or ship?  What happens when summer comes around and naturally the public again buys up all the oil futures in hopes to make a quick buck.\n\nGreed is what drives prices.  The greedy people that are making the money will call it marketing/economics.  No one entity is to blame for the results.  It would be too easy.  Just dont leave out anyone at fault.  Bush, Iraq, war, EPA, tax, and even the public are all together and individually at fault.
230729
Not that I am for this--But dear it wouldn't matter and why you ask---well here is an article--this is starting to open up a new can of worms--please understand--Anyone in the world could have all the oil in the world..and it really wouldn't matter at this point...\n\n$3-a-gallon gas: Blame Washington, not Big Oil\nWhat's driving up gas prices? It's not just higher crude costs; it's new regulations.\nNelson D. Schwartz\nMay 3, 2006: 2:20 PM EDT\n\n\n(FORTUNE Magazine) - With gas prices roaring past $3 a gallon and consumer fury rising even faster, Congress and the White House are engaged in a Kabuki-like ritual: pointing fingers at each other over who's to blame, while furiously attacking Big Oil for reaping gargantuan profits - as drivers get hosed at the pump.\n\nIf the politicians really want to figure out who's responsible for the latest round of price increases, though, they'd be better off looking in the mirror. That's because the rise isn't only due to higher crude costs. It's also fallout from some little-noticed provisions in the energy bill passed by Congress and signed into law by President Bush last summer.\n\nBuried in the 551-page energy bill - which was supposed to ease energy shortages, not worsen them - were new regulations governing what additives go into gasoline and how it's refined. Corn-based ethanol is replacing the petroleum-derived additive MTBE, but Congress timed this logistically tricky switchover to occur just as demand for gasoline peaked ahead of the summer driving season - right about now.\n\nThe end result is an extra strain on the refining and distribution system when it can least afford it.\n\n"It's too late now, but Congress has consistently failed to sequence regulatory requirements in a responsible fashion," says Bob Slaughter, president of the National Petrochemical & Refiners Association.\n\nAdds Larry Goldstein of the Petroleum Industry Research Foundation: "The gasoline crisis is made in the U.S.A., not in Iran or Venezuela or Nigeria. At least half the increase in gasoline prices is due to unintended consequences of the energy bill, but no one in Washington wants to admit that."\n\nIndeed, while crude prices have risen 21% since the end of 2005, gasoline is up 37% - a sign of just how stretched the system is. Congress's mistake, says Goldstein, was setting the new law to go into effect 270 days after it was signed - May 5 - rather than waiting until fall, when gas demand is typically on the downswing.\n\nNow the big question is, How high can gas go? Well, perhaps the only good thing that can be said about paying three bucks per gallon is that it seems to be slowing consumption - which should, in turn, reduce prices. Over a four-week period in April, says oil analyst Jamal Qureshi of consulting firm PFC Energy, U.S. gasoline demand dropped by half a percent, to just over nine million barrels a day. That may not sound like much, but it's a reversal from the 1.7% average annual increase in gas consumption the U.S. has experienced over the past decade. If $3 is indeed the tipping point at which consumers change their behavior and alter their driving habits, it's the one silver lining in an otherwise very dark cloud for drivers.\n\nThe wildcard in this scenario, of course, is the increasing risk of a military confrontation with Iran. If that happens, says Qureshi, "all bets are off." Given that crude oil accounts for 55% of the cost of each gallon of gas (refining accounts for 22%, taxes for 19%, and distribution and marketing for 4%), an upward spike in crude oil would push gas up even if the bottlenecks caused by the energy bill ease this summer.\n\nThat's why Red Cavaney, president of the American Petroleum Institute, says the answer in the short term is conservation. Washington is indeed being turned upside down when it's left to Cavaney, Big Oil's chief lobbyist, to talk conservat
272364
The gas prices can be helped if the pricks at exxon and all the other fuel manufacture's would lower the price.  They only reported a 50% increase in profit last year.  Yea I say they could do something about it!!!1
11441
No oil prices won't drop and the oil companies will continue making huge profits. Bush has interests in oil companies thats why the prices began climbing, the day he came into office. Katrina was a legit excuse for raising prices so oil companies won't let go of this excuse.
73148
He is absoulutly right, gasoline in Mexico City right now is $.78. I looked it up on the net. You people that can't do metric conversions and monetary conversions, are the stupid people. Of course America is getting screwed for the cost of fuel. America pays the most to offset the rest of the World economics. The burden is on us, and always has been.
197183
If the price of Oil begins to drop then that means that people in my family who work in the Oil industry may loose there job or get a pay cut.\n\nOil companies only make money because of the amount of Oil that is sold. Not price gouging, but the fact that almost $1,000,000,000 are spent each day on Oil by the US citizens. You want prices to drop, QUIT USING OIL!!
165249
They'll just keep putting the prices up because they know that companies and individuals have no option but to pay.  It's what's heppened here in the UK where gas is now more than $7.50 a gallon and demand is still rising.\n\nThere won't be fuel rationing unless there's an actual shortage of fuel and that doesn't seem likely.\n\nI can only speak for the UK when I say that there has been fuel rationing - during the war and during the oil crisis of the early 1970's.
402630
You expected otherwise?  The drop in prices was a ploy by the oil companies to help get Repubs elected.  Now that the election is over and the prices are going back up, look for them to hit $3 a gallon by Christmas.  Merry Christmas from the big oil companies.  And besides that, they need to make more money.