by 
Anonymous
ANSWERS: 7
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Oil resources are becoming scarce. And only a few people own and control the remaining oil. Giving them all the power to set the price. With the war going on, taxes on oil is also high. Petrol prices in Australia are also rising, massive issue over here too.
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Oil has jumped to $109 USD per barrel. (That's the simple answer of what happened today.) There are obviously many other factors that affect the price of oil, and therefore, gasoline. I doubt that it will go down anytime soon.
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pffft...I know..I take premeium so I had to pay 3.69 per gallon >:( They say it is at an all time high and you will be expected to pay at least .30 cents more by Easter >:(
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They give a number of excuses but the bottom line is because they can.
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I'm busting my bike out from the shed, and riding that to work from now on! Gas sucks!
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HOW ELSE IS EXXON GOING TO MAKE A PROFIT OF $2 TO 3 BILLION A MONTH.
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China is, in a sense, outbidding us in an effort to dry us up. It will continue going up over time.+2
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