Why are Gas Prices Rising - Big Oil Profits
Have you ever wondered why gas prices are so unstable? Find out why...
The gas prices cause frustration around the world. Unless you are in an area like the Middle East, Venezuela or Brazil you feel it at the pump. Gas prices always seem to be on the move. Usually the trend is not lower. It's going higher. The question this leaves most of us wondering is "Why are gas prices rising?"
First we must understand one important factor about the oil market. It is limited. For instance the United States has to import most of its oil overseas in order to meet the demand of its country. If imports were not present the USA could not function being as dependant as it is on oil.
This brings us to the next factor we must understand. The oil market is driven by fear. Whether it is moving up or down in price the reason is fear. It is a fear driven market. The fears can range from anything. War in the Middle East, terrorist attacks in oil producing countries, hurricanes blocking shipping lanes, oil to gasoline manufacturing issues, increased fuel usage by drivers these fears bring the price up.
Fears or problems that bring the prices of gas or oil down include higher than expected oil inventories, consumers driving less, moderate winters, slower economies and terrorist attacks in developed countries like the USA.
The big oil companies thrive on reports that bring prices up. They say that there is no price gouging that occurs in the oil market. The fact of the matter is price gouging has legally been placed into the oil market. Even if the above problems don't exist just the whisper of them brings prices up.
If you are sick and tired of paying high prices for gas I've got two webpages that are must-reads for you. Check them out here:
1) http://www.JustSayNoToBigOil.info/
2) How-to Convert your Car from using Gas to Water!
First we must understand one important factor about the oil market. It is limited. For instance the United States has to import most of its oil overseas in order to meet the demand of its country. If imports were not present the USA could not function being as dependant as it is on oil.
This brings us to the next factor we must understand. The oil market is driven by fear. Whether it is moving up or down in price the reason is fear. It is a fear driven market. The fears can range from anything. War in the Middle East, terrorist attacks in oil producing countries, hurricanes blocking shipping lanes, oil to gasoline manufacturing issues, increased fuel usage by drivers these fears bring the price up.
Fears or problems that bring the prices of gas or oil down include higher than expected oil inventories, consumers driving less, moderate winters, slower economies and terrorist attacks in developed countries like the USA.
The big oil companies thrive on reports that bring prices up. They say that there is no price gouging that occurs in the oil market. The fact of the matter is price gouging has legally been placed into the oil market. Even if the above problems don't exist just the whisper of them brings prices up.
If you are sick and tired of paying high prices for gas I've got two webpages that are must-reads for you. Check them out here:
1) http://www.JustSayNoToBigOil.info/
2) How-to Convert your Car from using Gas to Water!

Use the feedback form below to submit your comments.

Use the form below to email this article to your friends.

- Why are Gas Prices so High?
- More Labor Day Travelers With Lowered Gas Prices
- Fuel Economy Needed As Gas Prices Rocket Again
- Good News: Gas Prices Up
- Oil hits a New Record
- Hard Economic Times, Expensive Gas & Oil Prices -- No Problem …
- Fuel Saving Products
- You Can Improve Your Dodge’s Fuel Economy
- Plan Your Trip And Reduce Fuel Expenses
- Fuel Prices: Myths and Reality Surrounding the Price of Gas. Part I
- Fuelling Uncertainty
- Ways to Improve Gas Mileage
- Fuel Cards: Information About Fuel Cards and Gas Cards Payments
- Putting the Environment on Hold – The False Hope of Alternate Fuel Technology
- Under-inflated tires add to pollution, waste energy and increase fuel costs
- Fuel saving techniques
- Big Three Automakers Facing Stiff Competition on Fuel Economy Front




