Thread: gas prices
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Old 08-30-2005, 05:11 PM   #18
NJSPEEDER
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it is simple to understand why gas prices go up. how else are you going to make your car move?
if you have a monopoly that controls 88% of teh worlds oil resources(OPEC)you get to pick the price cause you know everyone has to come to you to some degree or another.
i think what they do is ******, but at teh same time it is the same basis that our economy uses to set prices for everything else. so how surprised can we actually be.
the gulf region does contribute about 30% of the oil in the US. so that is gonna effect the price of gas in the next few weeks as well.

later
tim
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