Originally Posted By: AuntyM
We've had this disscusion many times. Gas prices are high because of 4 main things.

Weak dollar
Refining capacity is deliberately kept stagnant to increase profits
Supplies are tight so price goes up
Oil futures/speculation drives prices even higher.


The corporations, not Bush, continue to rape us on these two points. The tight supply stuff quoted by the daily newsrags always refer to mid-east or African supply problems as the cause of our gas prices going up. Too bad that oil never makes it here - it goes to Europe and Asia.

The Saudis send us plenty, but there is no supply problem from them EVER.

Oil exporters link: http://www.eia.doe.gov/pub/oil_gas/petro...ent/import.html
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