Why is the price of petrol/gas so high ?

Moneeeyyyyy.

Good Q g my minds blank on that Q maybe cos i am so dumbed downed with all the bullshit that the people we put in to SERVE us do us a disservice sorry i am at a loss good luck to you.

In the UK the price of fuel is down mainly to the the enoroumous amount of tax applied to the basic price of each letre. The reason why the tax is there is because it goes to pay for all the things that government are involed in. If the tax wasnt there , then other taxes would have to go up, . youd better get used to higg gas prices because by the end of summer each letre will be around £2.00 and by the year after it will be £2:50 then £3:00 the price will only ever go up and never come down..

It is conspiracy of NWO masters puppeteers !

Your Question I added to the star list. You doing good job do not stop!

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The problem is - when the US/UK + others went too war in the middle-east - it was 'only' about the continued 'supply of oil'.....not the pricing of oil.

The general (seemingly) day to day petrol price hikes....are all about these 'retailers' seeing 'their chance' to make more money - they holding the public/businesses too ransom - there is 'no other reason' and our governments are 'allowing them' to get away with it.!!

These (so-called) market price fluctuations are just misleading - as these retailers 'price hike more' than the market price - these retailers 'already' having there profit margin incorporated in the current price structure and increase 'that way above' the newly imported market pricing - its called....'scamming'.!!

The american public are doing better - they pay for the price of a 'gallon' - the UK pricing is for just....'one litre'....big difference and the pricing struture is nearly equal....ie £/$.

So even though the american public are moaning - and rightly so - the UK public is 'furious' at having to pay out on 'litre pricing' as opposed to 'gallon' pricing at the same costing of the 2 countries....ie:- the US getting a gallon - the UK getting one litre.

The UK government taxing on petrol is (some) .89p per litre - which is huge - BUT - thats an entirly different issue - as to what these UK petrol scamming 'retailers' are doing.!!

In 2010, there were 149 operable U.S. refineries with a combined capacity of 17.6 million barrels per day. In late 2010-early 2011. The US oil refinery industry quietly announced the closure of numerous US oil refineries.

Many are completely unaware the US ships oil overseas to be processed. We do so as we do not have enough refineries to process the vast amounts here, and we are barred from building anymore refineries. All refineries perform three basic steps: separation, conversion, and treatment. Pretty simple.

Several reasons include technical and economic factors as to why we ship it overseas to be processed.

1. The crude petroleum is sold to the highest bidder, NOT the nearest bidder

2. There are different kinds of crude oil, such as sweet/light and dark/heavy. They have different applications and uses.

3. Different kinds of refining processes are needed to make different products from the crude oil. Petroleum is processed to make lots of products other than gasoline, like plastics and asphalt.

4. Politics, unions and the "environmentalists"

How many of you are aware Sunoco, ConocoPhillips and The HESS Corp are all closing US oil refineries? Not many, as the media refuses to give this HUGE story coverage. My guess is that if Americans understood the complete truth to how we are being sold out, and enslaved there just might be the much needed revolution to turn this country around.

Last September, both Sunoco & CP announced plant closing, effecting thousands of workers. Sunoco announced they are completely getting out of the oil industry. Closing up shop. They are done with the US oil industry.

Sunoco is closing it's 2 oil refineries in July 2012 in Philadelphia and Marcus Hook, Pa. Those 2 facilities alone process over 500,000 barrels a day.

http://abclocal.go.com/wpvi/story?section=news/loc...

Also announced last year, ConocoPhillips announcd 2 plant closing for sure in Trainer, PA and Bayway, NJ., the other 3 plants are undecided as of today.

http://stillwaterassociates.com/index.php?option=c...

Conoco also announced they were closing their Alaskan refining facility:

http://www.delcotimes.com/articles/2011/09/28/news...

Valero also announced in late 2011 the closure of US oil refining facilities, costing numerous jobs, and the loss of 210,000 barrels of oil per day:

http://www.usatoday.com/money/industries/energy/20...

Just a week ago, the US 3rd largest oil refinery owned and operated by The HESS Corp just announced it's permanent closure. Costing over 2,000 jobs, and effecting 950 contractors:

http://www.tucsonnewsnow.com/story/16543753/major-...

Refineries on the East Coast of the US supply 40% of the gasoline sales and 60% of the diesel and other fuel oils.

Of that, HALF that comes from the Sunoco & ConocoPhillps plant closures.

When ConocoPhillips announced that it was closing the Trainer refinery, Willie Chiang, then ConocoPhillips' Senior Vice President of Refining, Marketing, Transportation and Commercial, noted that their decision to sell, like Sunoco's, was based on unfavorable economics caused by a competitive and difficult market environment characterized by "...product imports, weakness in motor fuel demand, and costly regulatory requirements."

They are ALL closing up shop due to gov regulations, union demands and excessive operating costs brought on by the Gov regulations.

Then you have the unions, led by Barry's buddy Leo Gerard saying they will clsoe ALL US oil refineries starting from the east coast to west coast today.

http://www.reuters.com/article/2011/09/23/usa-oil-...

The unions are shutting down ports, rail and air across the pond right now......the SAME EXACT thing they plan on doing here. When the ships stop importing, the rails & air stop delivering....how much is everything you consume gonna cost? Remember...we are a CONSUMING country, no longer a producing one.

http://www.hellenicshippingnews.com/News.aspx?Elem...

The excessive and costly gov regulations on the US oil refinery market has forced companies to re-evaluate the cost of doing business in the US .

Besides.....your gov is giving BILLIONS to Columbia and Brazil to build refineries to process all that oil the US is losing.

We are building up every country on earth, while destroying our own....all in the name of redistribution of wealth.

"Deals" Barry inked

https://www.facebook.com/profile.php?id=1000031928...

Think gas and energy costs are high right now.......wait 6 months. You haven't seen anything yet.

Oil isn't expensive , but the tax on it is , Its taxed far more than the fuel. this is a total rip off by the U.K. government . they are a load of robbing thieving baskets. how can anyone justify a product be taxed more than it costs to produce or make,and this doesn't only apply to fuel, this is all wrong ,

Speculation. Virtually unregulated, rampant speculation.

America and buddies have not taken one drop of Iraq oil.

The price of gasoline is high because the value of the dollar is down, trouble in the middle east, but mostly because obama and the congressional democrats want high energy costs.

Steven Chu: "We Have to Boost Gasoline Prices to Levels in Europe"

http://online.wsj.com/article/SB122904040307499791...

obama Admits He Wants Higher Gas Prices Gradually

http://www.youtube.com/watch?v=5M1WlV7vafk&feature...

obama Lies in Energy Speech

http://biggovernment.com/jdunetz/2011/03/30/barack...

Enviro-Nazis Block All Energy Projects

http://www.nypost.com/p/news/opinion/opedcolumnist...

obama Rejects Keystone Pipeline

http://www.washingtonpost.com/opinions/obamas-keys...

obama Misleading Oil Facts

http://factcheck.org/2012/01/misleading-claims-in-...

Obama biggest recipient of BP cash

http://www.politico.com/news/stories/0510/36783.ht...

obama To Bankrupt Coal Industry

http://www.youtube.com/watch?v=9wzNUZVv0A0

Obama: My Plan Makes Electricity Rates Skyrocket

http://www.youtube.com/watch?v=HlTxGHn4sH4

Liberals (Democrats) Want High Gas Prices

http://www.youtube.com/watch?v=PNP8tf78pXc

The government if not making money. Speculators have driven the price of gas up. Current oil supplies are high, current demand for gas has dropped.

Speculators in the gas futures markets are largely to blame for the higher prices not demand. Large speculators and small traders were net long a record 101,926 [gas futures] contracts on February 14.

Since each contract is for 42,000 gallons, or 1,000 barrels, of gas, and gasoline inventories in the U.S. stood at 232 million barrels, speculators and traders, in effect, held a record 43.8 percent of U.S. inventories.

And the Iraqi oil fields were quickly sold off by the Iraqi government through the Bush administration to basically the 5 largest oil companies in the world.

um, i don't know what planet you're observing the world from, but america didn't get any "free oil" from iraq.