what do you think of the oil prices and are we really invading venezuela ?
478979
Lets see, the oil company's own the wells, then they sell to the refinery's which they own. So they are selling it to themselves. they make a profit no matter what it sells for but make a bigger profit if it sells high. My guess is that the prices will go higher. While I wouldn't put it past Bush to invade a country for its oil. I don't think even he can spin this one to invade Venezuela. I think Iran will be a better choice because not many country's like them.
1120593
They are but prices for gas right now are through the roof. Try at least $3.50 for a gallon of gas. Everything is more expensive. There are a lot of locals who don't like tourist/ military here.
636945
first off barbedwiedless doofus...if it wasnt for the republican party, you would be living in a country like mexico or cuba...the democrats want to sell us out to the united nations..(which is a euphemism for "united against america")\n\nwe have been addicted to oil by our own selves...if you arent addicted to it, why do you have a reason to complain about the price..?? oil hasnt anywhere near kept up with the rise of inflation since the 50's..if it had it would allready be at 8 bucks a gallon...you can thank the republicans for trying to keep the price low, despite all the tax increases by your democratic federal and state elected officials...\n\nby the way...do you try to sell your labor as cheap as you can, or get as much as you can while you can..???
449127
Dear Asker: Great question at least it makes me feel that people are alive and thinking. It gives hope. Oil companies are making huge profits out of our pockets.  Unfortunately, things don't look that good, what if Iran is attacked then where would the oil prices go?  It scares me.\n\nWe would be riding horses in the near future. Lets buy horses before there price go up and oil companies come into the business of selling horses.
777787
yes and we sparked it when we invaded. perhaps an all out Arab cicil war is what our hidden adgenda really is so we can grab oil by the barrells full
1046750
when the oil companies are making BILLIONS in profit at our expense so that they can pay themselves millions in bonuses, I would say that yes, gas prices are a scam
1129055
Uncap Our oil wells. We have plenty of Our own oil but the libleft  won't vote yes to open them up. We are working on alternatives but its gonna be a long time before we get there, so if we don't start drilling Our own and start modernizing Our refineries the price is just gonna keep on going up. You can't have it both ways.
386567
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.
1097047
If it were a war for oil, wouldn't we be bringing all that oil over here?  It is, in fact, a completely oil-less war.  We've gotten no oil out of it.  If we had taken that oil - free oil - prices would be at an all-time low.\n\nAlso, for those that say it's a war for oil because Bush is an oil baron, the last thing an oil baron would do would be anything that increases supply.  That would make the price go down.  So, if Bush were an oil baron, the absolute last thing he would want would be a war for oil.  Simple supply and demand.\n\nThe truly twisted, tinfoil-hat crowd should be claiming that Bush went to war to PREVENT Iraqi oil from getting to the U.S., thus restricting supply.  So, maybe it would be a war FROM oil.  See, the crazy conspiracists can't even get their conspiracies right.
354140
It is NOT because of the war. It is because the people that run the oil companies are good friends of the President\n\nThe supply of oil is at an 8 year high. That means that we have more gas available today than we have had in 8 years.\nin any normal business, that would drive the price DOWN but, not oil.\n\nThe CEO of EXXON_MOBILE just got a $400 MILLION dollar bonus. That is 400,000,000 dollars in one year. That is his PERSONAL income, that dosn't even count the BILLIONS of dollars the oil companies make in PROFITS every year.\nIn the past 12 years the CEO of EXXON-MOBILE has made over  a BILLION (yes, a billion $1,000,000,000 dollars of personal income. We all paid for that by buying gas.\n\nThe reason we are paying so much is because the oil companies are greedy bastards that are making $100,000,000,000 of dollars in profits a year and our President is letting them get away with it.That is Anti-American!!!\n\nSome may argue that this is America and business people can charge what they want but in many cases, this one included, that is not really a fact. The oil business is supposed to be regulated. Not anyone can just decide to get into it. The government regulates who can join and who can't.\n\nThe fact is, we are paying WAY too much for gas and Bush'e buddys are literally "laughing all the way to the bank"\n\nAlso, we do not get most of our gas from the Middle East, that's what they try to make us believe. We only get 12-15% of our oil from the Middle East.\n40% of our oil comes from the US itself.\nWe also get a huge percent of our oil from Canada, Mexico and Venezuela.
446687
It is already here.  But we don't want to change and continue to use gasoline like when it was cheaper.  It will start affecting how we travel and live when the price continue to increase.  We continue to buy these oil from Iran (not our friend) and support their government through our need for oil.
401296
Gas stations are getting rich and taking advantage of the gasoline "shortage".\n\n\nDid you know that in Venezuela gas is only 14 cents per gallon!
1062595
Wow... You need to chill out a little.\n\nThe oil was in Iraq so George Bush invaded Iraq.
486093
What are you talking about?\n\nGas prices are high because the world (specificly the USA) haven't been researching or building an alternative fuel source infrastructure. Our politicians, both Rep & Dems are bought and paid for by the oil companies, the wealthiest lobby there is.\n\nWhat has that got to do with partisan politics? Have you been asleep?
368718
Some of the prices are artificially inflated. \n\nHowever, gas prices in the US are still lower than in most countries. Go to Germany or England and pay the equivilant we pay per gallon for a liter. \n\nI do think that many of the companies are taking advantage of teh recoupment of defense oil reserves and the war against terror in order to boost their profits.\n\nOn a final note, though, the war in Iraq was not about oil. If it were, we would be getting oil from Iraq. We are not, yet at least. Much of what excess Iraq is producing is going towards paying their reparations to many countries.
438516
It is ridiculous,  and I am scared about it.  The gas prices drive up the prices of all other products because, the products have to be driven to the stores in trucks run with gasoline.  So, not only do we end up paying more for gas, but for everything else as well.\nNow, I suppose for the upper and probably mid-level middle class this isn't that huge of a deal, but if you are mostly paycheck to paycheck, like my family, this can really hurt.\nOf course the rich get richer....that's just the way it goes.\nAnd what bugs me is that there isn't even a good reason for this gas spike...it is just speculation in the market driving up the price....\nWhere is our president when we need him?  He is NOT here for the majority of citizens in this country.  He has an agenda that goes against helping his own country, and that is pathetic.
838730
I think you are on to something.  Who cares if OPEC cuts production.  We have oil in this country too.  There is no reason why they should have gone down then back up again.