Jul 09, 2008 11:56PM GMTJuly 09, 2008 23:56:15
Question • Money - Economy

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113 answers
129 comments
raves +26  
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Who’s to blame for $4 gas?

Who’s to blame for $4 gas?

$4 a gallon and keeps rising every single day. Time has come my fellow SodaHeads...

TO START POINTING FINGERS!


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PS. I didn't give the option "None of the Above" or "Undecided" in purpose. Just select your best answer.
  • The falling dollar because oil is priced in US dollars. So when the dollar falls, it allows other countries to buy more oil which drives up demand and prices.
  • No one. This is just the free market and the natural laws of supply and demand in effect.
  • Emerging countries like China and India - whose need for oil has increased dramatically in just the last year or two. They are buying every barrel they can lay their hands on.
  • OPEC and Big Oil - conspiring together so that they can rake in even bigger, record-breaking profits this year than ever before.
  • We the consumer - who choose to buy gas guzzling SUV’s instead of using public transportation or buying a smaller, more fuel friendly car.
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Top Comment
raves +5   by Mr. X posted Jul 09, 2008 11:58PM GMTJuly 09, 2008 23:58:07
Mr. X reply

Answered Emerging countries like China and India - whose need for oil has increased dramatically in just the last year or two. They are buying every barrel they can lay their hands on.

Back off. I am addicted to oil.
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  • raves +1   [-] by Jess posted Jul 10, 2008 12:01AM GMTJuly 10, 2008 00:01:44
    Jess reply

    Answered The falling dollar because oil is priced in US dollars. So when the dollar falls, it allows other countries to buy more oil which drives up demand and prices.

    The people who sell it in another country who want their money.
  • raves +4   [-] by GraceDaGoodGirl posted Jul 10, 2008 12:00AM GMTJuly 10, 2008 00:00:58
    GraceDaGoodGirl reply

    Answered The falling dollar because oil is priced in US dollars. So when the dollar falls, it allows other countries to buy more oil which drives up demand and prices.

    I blame the Euro. The Dollar has become the new Peso. The Peso has become the new... ???
  • raves +3   [-] by Wicked (Brutal) posted Jul 10, 2008 12:00AM GMTJuly 10, 2008 00:00:32
    Wicked (Brutal) reply

    Answered OPEC and Big Oil - conspiring together so that they can rake in even bigger, record-breaking profits this year than ever before.

    but the last one is true too.
  • raves +3   [-] by Allagash Hussein Elitist posted Jul 09, 2008 11:58PM GMTJuly 09, 2008 23:58:53
    Allagash Hussein Elitist reply

    Answered OPEC and Big Oil - conspiring together so that they can rake in even bigger, record-breaking profits this year than ever before.

    Exxon/Mobil being the worst
  • raves     [-] by Gunny posted Jul 10, 2008 01:57PM GMTJuly 10, 2008 13:57:58
    Gunny reply
    People who equate Exxon and Mobil with Big Oil haven't the sense God gave a goose. Exxon and Mobil don't own the oil fields so how can they influence the price of gas? They make a measely 9% profit margin (which is not the same thing as gross profit) while pharmacy companies are ripping us off at 40 and 50 % profit margins. Do a little basic study of the issues that affect us all and you will be a better citizen...one who can go to the polls and vote based on knowledge, not on hearsay and emotions.
  • raves +1   [-] by Allagash Hussein Elitist posted Jul 10, 2008 03:10PM GMTJuly 10, 2008 15:10:15
    Allagash Hussein Elitist reply
    But I don't fill my tank with Tylenol or Cymbalta..
  • raves +5   [-] by Mr. X posted Jul 09, 2008 11:58PM GMTJuly 09, 2008 23:58:07
    Mr. X reply

    Answered Emerging countries like China and India - whose need for oil has increased dramatically in just the last year or two. They are buying every barrel they can lay their hands on.

    Back off. I am addicted to oil.
  • raves     [-] by Gunny posted Jul 10, 2008 01:59PM GMTJuly 10, 2008 13:59:00
    Gunny reply
    LOL!! You need an intervention! Don't worry, Obama and his crew will take care of our addiction.
  • raves +5   [-] by Xenon23 ^Robot for the Masses^ posted Jul 09, 2008 11:57PM GMTJuly 09, 2008 23:57:42
    Xenon23 ^Robot for the Masses^ reply

    Answered Emerging countries like China and India - whose need for oil has increased dramatically in just the last year or two. They are buying every barrel they can lay their hands on.

    moderated...
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