why are the gas prises going UP?

Because the Oil Companies like to make a profit. They finally realized we will pay anything they price it at. Can't blame 'em can ya?

Opec is raising prices. Gas prices work by supply and demand, Opec controlls the supply, thus controlling demand resulting in prices. Since 2002 Opec has not changed production but gas prices are going up. Most of our oil actually comes from Canada, but Im sure with this whole bush in Iraq deal we will be getting oil from Iraq. All the people who drive hummers and expiditions because it is a huge SUV and dont really have a need for it drive the demand up because they are using more and more fuel. While people like me are stuck paying huge prices because of their right to drive what they want. Can anyone say oil rations?

Last year or the year before Exxon reported record profits, did they get that money from selling more oil? No they got it from raising the price a few cents here and there, now we are paying close to $3 a gallon, while these oil people are sitting on a multi-million dollar couch, on an island with coconuts, and hula dancers. Do not underestimate the greedyness of rich white people.

Besides the issues around the world in oil rich countries and besides the fact that at least 30% of the Gulf fuel wells and lines are still down from Katraina.

Gas is high and will continue to rise due to supply and demand. When there isn't enough supply yet there is a demand, price is forced up so only those that can afford it can purchase it.

The world on a whole pumps about 85 million barrels of crude oil out of the ground per day. Yet the worlds demand right now is just shy of 86 million barrels per day.

By the end of this year they expect that demand to be over 87.5 million barrels in turn driving the price of gas up to near $4.00 per gallon.

The only way to solve this is:

A. drive less so you use less

B. start to find alternative fuels

C. start an entirely new fuel system for the country

D. stop driving big cars, trucks, suvs

E. stop driving fast, taking off from traffic lights

If everyone just slowed down a bit, didn't race off the traffic lights, combine more trips and not make wasted trips out for nothing....then we could stop the gas increases almost instantly as we would curb demand.

But it won't happen....so don't hold your breath.

Oil is in high demand. The problem is that we are so busy trying to get oil that we forget that there are alternative fuel sources that we could be experimenting with and using. Anyhow, hurricanes, wars .... MIDDLE EAST (where a majority of oil is exported from), and wildife/habitat protection are all limiting the amount of oil that can be reached ... thus creating higher prices at the pump.

the president has holding in the gas companies therfore he does nothing to stop the rise in prices..i live in tx they are starting to drill gas and oil wells daily so we have more than we have had that does not have to be ship from any other country..there is NO reason other than to line some one's pocket as far i see it

you should see the amount of $ the oil companies are paying for hauling the drilling mud to other towns to dump it..the amount of $ they are paying the riggers,roustabouts ,land leases,and others involved with the oil/gas wells...the oil co have reported 100's times thier profit.this yeaR.If they more conservitive then the priced could go down..the presidents can put a price freeze on it but it would not be benificial to him since he has intrest in the oil co.him self.. gas here is $2.89 today and goes up some times daily....

Because consumer demand has not slowed down. When consumer demand slows so will the gas price hike.

Ummm... "...MIDDLE EAST (where a majority of oil is exported from)"

Doesn't Megan H know that only 3% comes from the middle east?

The value of the dollar is going down as well.

theres plenty of oil but the gas company's won't build more refineries. so they can't keep up with demand.

its called george bush