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With oil prices remaining steady, or even falling slightly, why on earth are gas prices rising?

This is ridiculous. How long are we going to put up with this crap? I, for one, am definitely going to start shopping for gas. Within a 5 mile radius of my house, there's a 10 cent range in prices. It's time we start fighting back.

Update:

I understand the economics of it, it just seems very excessive to me. And the media isn't helping by making predictions of high prices even before summer hits.

Update 2:

And the winter blend/summer blend story is a load of garbage. I can completely understand a slight adjustment, but come on!

4 Answers

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  • wizjp
    Lv 7
    1 decade ago
    Favorite Answer

    Winter blend is being phased out and summer blend that is 40-50 cents per gallon more is being phased in.

    Sorry if you feel it's garbage; but it's been widly reported at 40-50cents per gallon; and in a free market economy, that is passed on to the consumer.

    Weather is warming up and demand is rising.

  • SuzeY
    Lv 5
    1 decade ago

    Well, if what I heard on the newsradio station is correct, apparently they've had a rash of breakdowns at several refineries, thus slowing down production. At least that's the story and they're sticking to it!

    Be glad you don't live out here in Cook County, IL. If gas weren't expensive enough, the county throws all of these additional taxes on it. I just paid $2.52/gallon yesterday-what a rip off!

    Wouldn't you think with the price of gas being so high that people would start dumping their gas guzzlers and buy something more efficient? America loves their big cars, no matter what the cost, financially or environmentally.

  • 1 decade ago

    SImple answer.. Greed!! The oil companys know that the Democrats are whimps, So we all have to suffer.

  • jen
    Lv 4
    1 decade ago

    No matter what anyone has said it all boils down to greed.

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