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I've got gas this morning!
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[QUOTE]Originally posted by Hobbes: [QB] [QUOTE]Originally posted by Aban Rune: [qb] And here's the big thing I don't understand: Everyone talks about the gas prices going up, but noone ever talks about why. Food prices are going up because gas prices are going up. But why are gas prices going up? If people are driving less because of high prices, shouldn't prices be going down? Or at the very least stabalizing? But they don't. They just keep going up. I'm no economist, but shouldn't gas companies be competing with one another? They're not doing that either. They're all the same price. [/qb][/QUOTE]I think I've heard that other countries like India and China are increasing their demand for oil which is responsible for driving up the price per barrel. While I imagine the price OPEC charges has an impact on the price per gallon, but I mostly blame Shell, Texaco and other oil companies making massive profits. As long as they can get people to keep paying $3.50 they have no desire to reduce their profit. Plus I figure they buy enough congressmen in DC to keep the government from stepping in against them. [/QB][/QUOTE]
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