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What To Do About The Profiting Oil Companies

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You can save money on gasoline in a variety of ways. One of the most recent, and perhaps a bit controversial way of saving money on gas is by turning water into fuel. Some experts are saying this really does work. Compared to pills and potions you add to the tank, methods that have not only been controversial but down right scams

Are Gasoline prices expected to keep rising? Especially as the summer driving season brings with it greater demand for the fuel and refineries shift over to more expensive summer-grade fuel. You can count on it. While Gas prices are historically subject to rapid fluctuations; over the last six years, the price per gallon in the Philadelphia area has risen steadily from $1. This is no doubt true of most areas. Gasoline prices are still much higher than they were one year ago. It is no secret that the press has been reporting for weeks that gasoline prices are going through the roof. " Even if you adjust for inflation, the price for gasoline is the highest its been in 20 years

The cost of fuel at the pumps are rising at an alarming rate, bringing back nightmares of summertime fuel bills. When fuel cost dropped in mid-2003 who would of thought we'd see it where it is today? Some observers attributed this drop to the idea that the armed conflict would be resolved quickly. Does the temporary embargo that was placed on the United States and the Netherlands at the that time bring back burning desires? What is happening at the present time is costing consumers larger portions of their incomes. So the question is: Is there a solution, and if so what?

The cost of fuel has jumped 33 cents a gallon all over the Country this past month and cost are expected to climb still higher. Fuel cost has increased radically over the past two years. It is often surprising that gasoline sold in one place of the country is not the same as it is in others. Gasoline and oil supplies have been moved to the Southeast from other parts of the country, affecting supply in those areas. Refineries, owned by different companies, is often combined for shipment by pipeline. This gives credence to the fluctuations and why fuel is higher in one place than it is in another. It is pretty much a sure bet, when you see it go up in say, California, it won't be long until it is up in Colorado

Higher fuel economy standards is a must. There are no ifs and buts about it. The surging fuel cost are not to be taken lightly. Our economy can not allow these circumstances to ruin us. The trickle down affect is yet to be felt if this problem is not quickly nipped in the bud. Analysts blamed higher crude oil prices, greater demand and fears of shortages. "And prices are headed higher," Is the watchword. The only benefit of higher gas prices is that it could result in trimmer waistlines, suggests a WUSTL researcher.

Higher fuel economy standards is our number one priority. It is not a question of when and how, but now, now, now. The skyrocketing cost of fuel are to be taken Seriously. Our economy can not allow such circumstances to run out of control. The fear of the trickle down affect is yet to be felt, you can count on it. Some analysts are blaming higher crude oil prices, greater demand and fears of shortages as the reasons for the present situation. Prices are headed higher, and we must do something about it. The only benefit of higher gas prices is that it could result in trimmer waistlines, suggests a WUSTL researcher.

The higher cost of gas are in part, due to higher crude oil prices, which have been about $60 a barrel in past weeks, though the price of light sweet crude closed yesterday at $58. Jane Doe of Northwest Washington, who drove her Ford Taurus to the grocery story yesterday, said the high cost of fuel brought to mind the war in Iraq and Hurricane Katrina. Will those higher prices spur oil companies to increase production and resupply dealers as quickly as possible. When crude oil supplies are in higher demand, our refiners have to bid higher to ensure a steady supply of fuel for American buyers and businesses. The haunting thought that crosses the minds of people today are: Will the cost of fuel ever go down again?

The United States imports about 62 percent of its oil. This amounts to $308 for every man, woman, and child in the United States. And some people, usually Europeans, like to point out that gasoline is still far cheaper in the United States than it is in Europe, where it can cost upwards of $8 a gallon. Others argue that's it's not fair to compare the United States and Europe, as Europe's high prices are largely due to taxes, which are then used to fund public benefits such as mass transit or cheaper health care. Gasoline prices in the United Kingdom, Italy and the Netherlands are at least twice as high as those in the United States. After Hurricane Katrina and Rita, up to 14 percent of the United States' natural gas production in the Gulf of Mexico was shut in.

Gasoline prices are rising sharply as refiners, who have kept prices down in order to compete for sales, become more willing to pass on their higher costs of crude oil, according to an industry analyst. Gasoline prices are affected by the price of crude oil in the world market, supply and demand for gasoline, local market competition, temporary supply interruptions, government regulations, or taxes. Gasoline prices have been and will continue to affect automotive manufacturers across the United States.


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