Who is to blame for high gas prices?

"I can't wait to see what happens the first time some idiot tries to put natural gas in his car while he is smoking." LMAO!!!!! There's a security camera video that's sure to wind up on DawrinAwards.com

X, I deal with two school bus fleets that have natural gas buses, and you aren't allowed to smoke within 200 feet of the fueling station. Could you imagine what would happen the first time a store clerk needs a smoke? I think that nat gas may be an answer, but I can tell you that the car companies wouldn't be happy. Although they would cost more because of the fuel change over, they would cost much less to fuel, and nat gas does a fraction of the damage to an engine. You have no soot build up, and the oil coming out after normal milage looks just like new oil.

I hate to agree with you, but all of your points are correct. Until we as Americans demand an alternative to gas we will always be a slave to big oil companies. The most intelligent alternative is natural gas, but dispensing is a huge problem. I can't wait to see what happens the first time some idiot tries to put natural gas in his car while he is smoking. The laws for price fixing are a joke, just look at what happened on 9/11, and how many of those companies were fined.

Then the solution is still pretty obvious. Approve the permits for new refineries and still release some of the reserves. The upward supply should push prices down effectively enough to get the Mid-East back in line and show Iran we really have no use for their oil. All of the solutions toward driving prices down point directly at an increase in domestic. The President could also make a temp deal with Canada to use their refineries. That alone will save on shipping costs. Too bad he had to harm the relationship with our Northern neighbors. Oh yeah, I know. It is against his "Environmentalist base."

Or use the extra oil exchange it to China for loan payments. Get some breathing room on the National Debt and restore the faith that he can actually keep a promise.

I do not know, because I heard a guy saying even if we open up more reserves that we don't have enough refineries to refine the oil. That all we do now is drill the oil sell it to other countries, have them refine it, and then buy it back. People are just going to have to find other ways of transportation because government is not going to solve this problem. To many oil companies our in our politicians pockets for them to do anything. Anytime we start to have problem with any Mid Eastern countries they jack up the oil prices. Which is like every 6 months.

i knew it!!!

He probably has it in Crawford on E-bay for a BILLION dollars!!!!!

It wouldn't surprise me one bit, I have no idea how much money big oil has donated to Obama, but you know they are sending money to the RNC!!! Bill Clinton understood the direct connection between oil prices, and discretionary spending, and vowed to keep oil prices down. There is a guy that lives by me that created a 400 horse power Ford Mustang that gets 98 miles per gallon!!! Why won't the government force GM and Chrysler (because we still own them) to use this technology to hit the oil companies where it hurts: in the wallet!!!! I don't blame you one bit for finding an alternative.

I think I saw something like that on a tv program a couple years back. There was a guy who had his own business and all he did was make muscle cars more fuel efficient. Like you said, while keeping most if not all their horse power. We can do a lot of things its just, know one wants to put money into these things because I guess they are scared of being called an environmentalist" I never got that argument, Why are you not going to take care of the planet that gave you life? Since we are on the car subject. I will use it for my analogy. The planet is like a car, if you take care of it, it will take care of you. Everyone keeps saying going green is just to costly our doesn't create jobs. Everything is costly at first but once you figure it out and can produce things in mass quantity prices go down. Then you will create more sustainable jobs unlike oil which is not sustainable. Plus you greatly improve the quality of life for everyone in the world. People just need to quit making excuses.

Last I heard Obama had gotten around half a million from big oil. I can assure you that every major candidate gets plenty of money from big oil. They can't afford to have a president that is not in their pocket. I constantly hear stories about these magical cars that get 100 miles to the gallon debater. Until someone can actually put one out there for people to really see I'll see it as nothing more than a myth. Nobody is afraid of making green technology crossbones. It's such a popular fad right now that people are putting out things that aren't green in the slightest, but still slapping a "green" sticker on them. My wife's laptop got destroyed by a "green" power cable. The intermittent crap on it was meant to stop consuming power when the laptop's battery was charged. Instead the piece of crap fried the laptop's power supply. Even crap like the Chevy Volt isn't green in the slightest. It's a freaking COAL POWERED CAR. Of course if you aren't shoveling coal into it you get to pretend it runs off of magical clean energy.

That is more of an excuse than anything else. Iran doesn't export that much oil, and if Russia and other countries around Europe service them they could actually block Iran out of the picture. This actually could be a great thing for these countries, and a disaster for Iran.

The problem with oil futures is the amount of money that you have to put down to purchase a contract. In some markets it is still only 10%, so you can buy a million dollars worth of oil for only $100,000. One of the largest problems/gambles with gold is the fact that no one knows how much there is in the world. Most countries consider it a matter of national security, and won't tell their own people how much gold they really have.

Bob, I hear that on the right wing news all the time, but I talk to business owners every day and none of them complain about uncertainty. The United States recovered more oil last year than any other year in decades. But, we are still exporting more oil in this country than we use of our own, which should tell everyone why opening up more land for drilling doesn't make sense unless you force them to use the oil here. The only way to stabilize oil and gas prices is to create competition for them. Right now they have no competition at all, and can charge as much as they want.

Oil doesn't work off of supply and demand principles, it basically works on a we are going to charge you what ever you will pay principle. If you look at the base oil market right now, it is actually down because demand from China is down. But, gas prices are up, and there is even less reason for that. Most of the refineries have changed their membranes that they use in the refining process, so they are as efficient as they are going to be, which means they are much more profitable than last year. That also means that they can refine more oil than they could last year. I agree that Americans need to change their oil consumption practices or we will be reliant on big oil till we die.

I personally believe that the government needs to start their own oil company, and use the oil wells that are not being used by oil companies to created and refine our own oil to be used here in the US ONLY!!! But, the right wingers would knock this idea down in a second.