What do you think is causing High gas prices ?

I agree with this video. It is a news video and is too long to write about it I think it answers your question.

Edit: I have even heard they are talking about taxing the oil company's again. (They haven't passed it yet, just talking about it might help) Dual... I don't think so, I think that would only cause the gas stations to raise their gas prices even more at the pumps to make up the difference in the higher prices we would have to pay to cover the taxes that the oil company's would have to pay! I think they are taxed enough. I don't think that would be a good idea. That would only make the gas higher!

http://www.foxbusiness.com/video/index.html?referr...

There is plenty of oil in the ground, the oil cartels have succeeded in gouging the world for profits. At one time there were oil producing nations like Nigeria and others who refused to go along with the higher prices but that seems to be passe.

Domestically, we haven't built any refineries in decades which also adds to gas prices due to a supply and demand. That's part of the oil company monopoly since it's not in their interest to build more refineries that would reduce the supply and demand fueling lower prices.

The thing is, it doesn't cost these oil producers any more money to pump it out of the ground, it's just about lining pockets at the expense of people's lives. I'm disappointed that congress blocked the windfall tax on the oil companies that would have levied heavy taxes on the excess revenues that the oil companies are making on this to curb their greed. The oil companies are making record profits and it seems people have been misled on the nature of the windfall tax.

I hope this helps quell the environmentalist who have stopped the U.S. from developing it's great oil reserves. There is ton's of oil off the California coast that has been succesfully blocked, and there's no good reason not to tap all that oil along the Article Circle in Alaska.

there is a lot of speculation; remember those anti-war freaks with their signs--"no war for oil"? Well if that was true why the high prices?. the demand is up--India where the people used to move around on horse pulled carts, china--well most of the nation rode bikes but now, they are embracing a lavish life style of plenty--they have big bucks and they are not concerned about spending becuase they produce too much and the price for their products are cheap--everyone likes low prices even Wal-Mart, Arabs- refuse to release more oil why would they increase it hey they control the oil they control world economies, weather--once a report of a hurricane comes out and there goes the oil wells on the gulf--"shut down" and the price goes up; the environmentalists refuse to allow for nuke plants to be build, drilling on the ocean fronts or in Alaska because of fear of endangering the wild life they are more concern with the environment than about the American public struggling to survive yet forgine oil companies are drilling near the ocean coasts, oil companies are not about to build new refineries simply because the investment is too high so if there is more oil, well the price goes down--it would be like cutting their own hand off. the factors are plenty but the environmentalists are have a great hold on seeking oil.

I guess we just have to wait and try to use less if the is even possible. lets just try to do what we can as individuals and try to decrease the demand so prices decrease. Peace out

With the implosion of the Housing Bubble and the fallout of Bad Mortgages from Jesse Jackson and Son extortionists, the Stock Market is slipping fast from the delusional Bull-heads that are always telling people to buy and buy.

As the Stockbrokers see their rackets going Bye-bye and with fewer foreign investors interested in buying soon-bankrupt firms like the Emptied-Sachs and Gonnabe-Lyncht, the rich old robber barons have to find SOMETHING else to buy and sell for profits or they may someday have to {GASP} Work!

Just look at the blogosphere and listen to Fox News, and maybe you'll get a heads-up on the Greedy Politicians in Washington trying to raise your Taxes by pushing the phony Windfall-Profits Tax on Oil Companies...

Oil Companies have to make a profit to survive - and the Tax will be directly picked out of your pocket whenever you fill your gastank! Notice how John D. Rockerfeller, jr. and his family aren't being targeted by the Dummocraps - after all he's one of them. The Rockerfellers OWN the Oil Companies as almost every major Oil Company in the World was once a part of Standard Oil - The Illegal Monopoly of Senator Rockerfellers Father that was split up by Congress to hide the fact that they left most of the Monopoly intact by just forcing a name change.

Tax the Rockerfellers? Are you joking? His Tax-Free Foundation FUNDS almost Half the Socialists in the World and pays not a penny in Taxes!

Those Taxes are gonna be paid by you and those ridiculous re-sell Profits by middlemen investors brokering between the Middle East and the Oil Companies are what is making you broke every week!

Don't expect Windfall Taxes on those scumbag moneygrubbers from the bowels of Wall Street though chump, because those guys FUND the other half of All the Socialists in the World!

BTW, OBUMMA is getting it from both ends at the SAME TIME - so he's not gonna save your wallet either!

What's in your Wallet? Would you even have Change?

My husband travels to Europe, Italy especially and gas prices have been for many years now 2 Euros a liter. In U.S. currency that is about $8 per gallon. A gallon is 3.75 liters

We recently went to Montreal, Canada.....gas prices we close to $7 a gallon in U.S. currency.

The oil company are saying.....if other country can pay these high gas prices.....why shouldn't America.

For me as a Christian......I look at it from the spiritual side.....and we see that these things are going to happen.....oil will be, or is I should say, the talk of the world. The "Oil war" will bring us to the end of times.....the Great Tribulation.....the battle of Armageddon.

The Antichrist will rise up from the middle East with what he will lead people to believe is a peaceful solution to this problem.....and all eyes will be on Him. But, we know better....peace... is the furthest thing from his mind.

one thing to think about

High prices of gas is exactly what environmental groups want. I can say this since I study this area. higher prices in gas gives incentives for alternative fuels and consumption of less fossil fuels. If the market is given time these changes will become permanent and transportation costs will likely come down.

I know, no one wants to hear that but it is true. The shame of it is it happened to quickly for the market to adjust.

We have more and more countries demanding more and more oil- so the price gets higher of course for any available oil!

And we have everyone saying "Oh lets not drill in the 19 MILLION ACRES of Alaskan wilderness...... yes we love our wilderness.. but we aren't going to wipe out all the wilderness by drilling in our OWN COUNTRY so we don't need so much MId- East oil.

Everyone says support our Troops- but Oh don't cut off my luxury.... keep sending those boys over there to die for them... but save the Bears....

Greed. With power in hot pursuit.

I've just dug my legs out of retirement to give them an airing 'cause I think I'm going to be in need of them real soon.

Here in the UK our Government slaps a huge amount of tax onto every litre of petrol we buy at the pumps and diesel is more expensive than unleaded petrol. You think you've got problems in the USA? Wait till you're paying £5.50 ($11)per gallon.

Arabs and Saudis restricting oil production for the express purpose of driving up oil prices with an eye on destroying U. S. economy.

I read 148$ a barrel. & You know we get a big %% of our crude oil from our own states & we still are getting tax out of our a$$! Sinclair gas uses only American oil!!!!!!! I'm tired of it!!!!!! But dam what can you really do????