Why is gas so expensive?

Cars are so inefficient.

 

ALL of the gas these days is bad for your engine, because the morons in power decided to make you put CORN in your tank along with your gasoline.

As to why it's expensive, there's about 53 million morons you can ask.

 

Check the manual for your car. Unless it specifically says it needs a higher octane gas, buying premium does nothing if your car doesn't require it. "Premium" doesn't mean it's better. It only means that it has a higher octane level.

 

I hope he doesn't confuse "premium" with "plus" like you've explained.

I agree, as soon as I read "plus" on his post, I started asking myself "why in the H are you adding plus if you don't need it?!?!?"... so I'm wondering why he would just plainly listen to his parents... whom I think might be thinking like that because they themselves drive better cars than 713 does.

713, it's expensive because of the supply and demand rule. Learn about that one...

 

Because we are using a diminishing resource. Same reason why real estate always goes up, there is a finite amount of it.

 

I'm sure someone has answers... I mostly just have questions.... but when oil was $140/ barrel a few years back, it was up to like $4.11 avg or something in that neighborhood. Now because of "supply" they are getting $3.80 avg. or something in that neighborhood with $95/barrel. Is it worth noting that all this coincides with shouts for the US becoming the largest producer and energy independent in the near future? I don't know. Is this just a market fluctuation, or someone in power massaging the system to acquire currency unduly.

It also always seems like, if there's a reason prices should go down, it takes a month. If there's a catastrophe near an oil rig, price goes up before the reporters get to the scene.

Just seems like everything is rigged beyond inspection these days to extract the most blood from every turnip... the free market is an illusion. Or something.

 

unregulated speculation of oil futures

 

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And you're in high school?

 

Anyone notice how it went down before the election then back up afterward, for no reason?

Yeah me too. Rigged by Big Govt and Big business to screw the people for the profit of the shareholders and special interest.

 

only a small part -- don't just naively fall for the lines you hear

this is going to quickly get sent to the D&D, but honestly when you can lazily just print US dollars instead of actually doing the hard work to balance budgets in Washington (balancing budgets = spending cuts = less free schit for people, leading to fewer votes for the political cronies), you'll see the value of the US dollar decline, and the cost of globally traded dollar denominated assets rise. Like oil.

plus, Chindia has seen a massive increase in oil demand due to their society moving from being low class to middle class.

If it weren't for the largely Texas-based innovation known as fracking (allowing for huge amounts of oil to be recovered), we'd really be in trouble.

 

I heard this adds boost to your engine.

 

The middle one is the worst you can get. Either get regular or the highest one.

 

Because our refineries export a tremendous amount of gasoline which keeps the prices higher domestically. They can't just "stop" the spigot as they are running the crude oil through the refinery--shut down and start up is way too costly; so they keep making gasoline and the other crude-derived products, and ship the excess overseas where they can get a higher price.

If all the gas that we produced in the US stayed here, the price would fall dramatically.

 

Plus is nothing but a mixture of supreme (93 octane) and regular.



Didn't fracking take 30 years to develop?

Why be so hard on investing in other technologies because it seems so far away? Fracking took 30 long ass years to get close to something.

 

But real estate will always be there, gas won't. We should have more options when it comes to saving gas and consuming it.

 

Also because the middle east knows that the world runs on gas. They have a good majority of the world's gas. They can price it however they want and know that people will still pay for it. Power shift to the middle east.

 

Supplies are tighter than people think and the global economy is slowly recovering.

It's both demand and supply. There are commodities that have gone down in price despite higher demand and heavy speculation. See: gas, natural

 

Eh, Ahmed, I know you love your brothers in the Middle East, but you're giving them too much credit. They've never been able to set a price before, and they can't now.

FYI The US is about to pass Saudi as the #1 oil producer.