What do you think about the price of oil?

Given the real facts that it cost less than $4.25 (US) to pull one barrel of crude oil from the ground and less than $2.00 (US) to ship that barrel of oil to the US no matter how much it sells for.





Who do you blame for the prices?





The political unrest in the oil countries or the people who get the money?





Let's see a heated debate. Don't hold back.





10 points for the best answer.


.What do you think about the price of oil?
your question answered it all.everything is all about the money.the almighty dollar.we are told there is a shortage.because of the demand for more oil and that china is to blame.thus the price of oil goes up.the big oil companies at the same time are sitting back and drawing Hugh profits. there is;nt any shortage of oil this is what the big oil companies as well as the government want you to believe.if we tell the people there is a shortage and because of supply and demand we have to raise the price of oil.then just think how much we can profit from all this.the oil companies made Hugh profits last year not millions but billions.with all that money why don;t they build more oil refineries.that;s another reason they say we don;t have enough oil.but you don;t see them investing any of that profit into making more refineries.if you can make billions of dollars profit every year just by telling someone we don;t have enough.as a business man what would you do.it;s working for them, and as long as it works they are going to continue doing this to the people.and the government is letting it happen.between the special interest groups and the big oil companies.this country is being taken for a ride big time.wake up America.this oil thing is all about big profits at any cost.and a lot of your politicians own stock in the oil companies.do you really look for them to change anything for your good.What do you think about the price of oil?
I'm tired of it being so expensive to fill my gas tank.





People can do the ';gallon of milk v. gallon of gas'; comparison all they want... I don't buy milk ten gallons at a time like I do with gas, and I don't need milk to get to work in the morning.





The reason the prices are so high is because of the tension in the Middle East. Those who own the oil can raise prices all they want; they know they have us all at their mercy.
Because , Bush Cheney , and Rice are still in office and as long as they stay there the price is going to keep going up , Bush owns oil companies, Cheney owns oil companies And so does Rice ,and they use our money for transportation to take care of their business, but if every one will look back they should have seen this coming.
i hate these oil prices........ I paid $482 for 150 gallons of home heating fuel.. its redicilious
Actually, we, the general public got screwed by:


1. The Oil producers. OPAC countries - Monopoly.


2. The Oil refinery in the States - Monopoly


3. The Auto Manufacturers - intentionally produce


the cars consume less mileage per gallon,


less durable, have to be replaced in 10 years.


4. The global demand of more automobile.


5. The Federal government have no law, policy in


place to improve the energy policy - solar


energy, etc. improve car mileage, etc.


6. We need a new President who care about out


citizens - general public, not the party, special


interest groups - We need a Change.


7. We need to promote mass transit, speedy


railroad program across the U.S. and States.


Use less small car; more buses and car pool.
What's to debate? The price of oil, like any other commodity is a matter of supply and demand. Right now, China and India are going through rapid industrialization and development, so demand is high. Competition drives up the price. I know that conspiracy theories are more fun than this simple reality, but oil is no different than any other commodity -- there's a finite about of it. Whoever wants it the most will pay the most.
commodity prices are influenced by the demand and supply dynamics of the commodity





that and the general increase in demand that comes seasonally..since all Americans buy gas..it is really just another issue they can scream about if they are politically charged...





$3.00 a gallon gas is way cheaper today..given inflation


.than 89 cent a gallon was under Carter with the long supply shorted lines
Mark your calendar's that this was said. The price per barrel is temporarily inflated, driven by speculators not by current demand.The price will soon be headed down to $65.00 per barrel . .you can bank on that one!
First of all oil is not in any immediate danger of depletion! If you really listen to why the price is going up, you will find that the answer is based on a possible theory of uncertainty about this %26amp; that a storm might shut down a refinery as if they never shut them down for maintenance.My point is that price increases a based on a scare tactic to increase profit for the oil co. and the taxes.We went from 65$ to 95$ with only a small increase at the pump because the economy is unstable,now we go from 95$ to 100$. Well we must increase retail pricing by 5% to 10% why????? Those increases should be used to reduce pollution at the refineries not profit!!!!
I am sick of it. I have to have my range rover to flip houses, I need it, because it is a work horse and I can go off road with it safely. It also pulls a heavy tailor load to the dump.It is not a new one and it is not for show. I use it for work. I drive a Honda when I don't need the rover, but the gas for the rover is killing me. It gets up to 22 miles per gal because my husband keeps it in tip top shape for me. I looked at other trucks and things that I could save with, but they wont pull a heavy load ,and if they do the MPG is worse.I need to go diesel but can not afford it now.





I blame corrupt oil companies, Bush and Dick.