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    Real reason gas prices are so high

    0  Views: 791 Answers: 3 Posted: 10 years ago

    3 Answers

    greedy oil execs, they make up crap to keep their prices high. most people think cause of supply and demand bullshit. ALL the big oil companys are posting record profits
    The oil companies make less percentage wise than most other businesses. Speculators run prices up. Government run price up by bad decisions with the drilling program. The oil companies are victims as much as we are.
    daren1

    ok but why are all the big oil companies posting record profits
    Headless Man

    Because of the costumer base, all over the world.
    There are several reasons, geopolitical events, speculators, and believe it or not, butane. It seems that butane , which is a ingrediant in gas, has a very low boiling point, so in the late spring when outdoor temps begin to rise they have to substitute a much more expensive additive. That's the real reason that gas prices go up in the late spring as regular as clockwork.


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