Do you think our U.S. government will step in to end the price gouging in gas?

I really wish they would, but I'm not too hopeful. Something really needs to be done because it's getting completely ridiculous. I don't want to get my hopes up much though. :P

no i think they will go higher as will the prices in the grocery stores and all of the other stores

It seems that quite a few times, they have not. Some even have a theory that John F. Kennedy got assassinated because he intended to try to make oil companies pay taxes. Then his brother, Robert, also got assassinated when he ran for President, & his campaign promise was to carry on with what John had intended to do. Some actions that was done was not much of a way to stop price gouging. They reduced the gas tax, but that was it. A few senators & congressmen filed complaints, but it seemed as if that had no or very little effect.

What price gouging? Rising prices don't mean gouging... Federal investigations came up with nothing, prices are a function of supply and demand, no evidence of gouging was discovered.

No. Many of the top people in the oil industry are closely associated with this administration. Both the Executive and Legislative branches. These people in the oil industry have privy information that the war (fiasco) will be drawing down starting in the next 4 months and are pushing one last time for record profits. This is in addition to the usual Summer rate hike that hasn't gone into effect yet. ‹(°¿°)›

I would hope so- I'm not sure what else will bring the gas prices down- I don't see anything us American people can do- Sure we can boycott certain gas stations and boycott certain days- but the truth is we need gas to live- Or at least I do. I wish I lived close enough to work to ride a bike back and forth or even walk. Supply/demand- they will keep raising prices until someone (probably government) stops it! I for one am sick of the gas prices!

I dont think that the government will bring them down. I think they will continue to rise and this will get worse. We will have to conserve more and learn to live differently because we wont be able to have it like it used to be. People have been having to be careful about taking work too far from home because noone knows how high this gas will go or how fast it will happen.

The goverment will nto becasue they make more money with the price at the pump goign up and the oil companies make more money and the oil families make more money so why woudl they. Seems strage with surplus oil on the market adn gasoline reserves gettign bigger they migh jsu tlower the price a bit. The goverment should either regulate it more or allow alternative fuel vehicles be given a tax break.

No chance in hell, do you have any idea how much they are profitting? As individuals as they are shareholders and as a government from the taxes.

I really hope that they do step in soon. I hardly ever get to go anywhere anymore. Gas is $3.47 a gallon here!!!

Thanks for BR!

I have mixed emotions about that. On the one hand, I wish they would, because I do think it is gouging and someone should do something! On the other hand, if we keep relying on the government to do things, then we can't complain when we feel like they are in our lives too much!

No, I don't believe the government will step in. The price gouging is probably benefitting them. They probably have stocks in oil companies. I'm sick and tired of people saying it's a free market. I'm all for a free market, but when corporations are making 38 billion dollars in PROFIT and many people can barely afford to drive to work, there's something not right. I'm sick of being compared to Europe and how cheap our gas is compared to theirs. They have railways, and most towns are set up so what you need is a walk away. America is not set up that way. We have to drive mostly everywhere. Our mass transit system is unreliable or unavailable. It's not always possible to move closer to our jobs. Some of us don't drive large SUVs or other gas guzzlers. (Our vehicle should be our choice, anyway.) It's not as simple as trading your car in for a Hybrid. Has anyone looked at the prices of those? And I've considered carpooling to work, but I don't know anyone who lives close enough to share a ride.