Why is Gas so expensive?

[PythonWallace]

This explains it a little.

http://consumerist.com/consumer/feat...ive-263887.php

[qiksilver]

"Did you know that gas price gouging almost never occurs as prices rise? Rather, it's most often when dealers keep prices artificially high even as their costs fall."

in other words greed and price gouging... what does it matter if its from the supplier these two sentences are polar opposites of each other

[TekWarren]

This may or may not have been said in the article but the fact that most people won't CHANGE their driving habits contributes greatly also.

[Freakie_frog]

This may or may not have been said in the article but the fact that most people won't CHANGE their driving habits contributes greatly also.

True..

[Chase13]

Digg much?

[Wild Bill]

Crude oil prices haven't risen at all during these price rate hikes. The middleman is just making more. I find it really convenient that all the refineries have to do maintenace at the same time every summer during peak use.

[elevatethis]

The American Mercantile Exchange has a lot to do with it.

Last week the U.S. pulled a full US Navy battlegroup off the coast of Iran, and what do you know, thats the body of water where much of the worlds supply of crude oil has to cross to get to market. Needless to say, stuff like that makes the futures markets go crazy...combine that with the refineries issue, and the fact that despite $3 gas, Americans are still driving their nuts off, gas will continue to go up...we haven't seen ANYTHING yet.

[Chase13]

Crude oil prices haven't risen at all during these price rate hikes. The middleman is just making more. I find it really convenient that all the refineries have to do maintenace at the same time every summer during peak use.

Why would crude oil prices rise? Only 1% of crude oil, after proccessing, is acually gas. Gasoline is a drop in the bucket for crude oil plants. And to be honest, I havn't read this article and I don't plan on it. I am very happy with the gas prices right now. Gas prices are around $7-$8 in most other countries so I'm grateful for our prices. And plus, if you really hate paying that much for gas, ride a bike, america is fat anyways.

[steveo]

In the uk its 95p a litre which works out roughly $2 a litre

[Chase13]

how is it more in the US? That's like $8 a gallon.

edit - ah, you editted your edit