Why exactly are gas prices so high? Is there a REAL reason for it other than greed?
by 
Sweet Baby Jane
ANSWERS: 7
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Greed is my guess
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Considering the companies are making record profits I would say greed. That is the short answer. There are other reasons like our governements not going anythign about it but that goes way deeper.
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1. This has happened before, like it did in the 70's and will happen again repeatedly until we run out of oil. 2. Yes, OPEC is greedy and always will be. 3. Americans pay the least for gas, in many countries they pay double for what a gallon costs now.
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N O P E !!!
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There are several reasons why.. Emerging markets such as China and third world countries are using more and more oil, thus driving up demand and prices right along with it (this answer assumes you understand supply and demand) Along with that, summer is approaching, and historical increases in gas prices have always accompanied the time of year when most families take vacation together. And finally we have crude oil futures, where traders are betting oil prices in the future will continue to increase. All three are the main, but not only, components in our high gas prices.
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Greed is a good part of it, yes. I understand basis economics, etc. I have a masters in business and know that with all the factors involved, greed is a huge one. Charge what the traffic will bear.
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There can be no other reasons - love of money is the root of all evils.
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