Gas Prices: What causes the price of gas to change?

March 17th, 2009
gas price
wendi asked:


What really causes the gas price to change? Is it Speculators in the Commodities market? OPEC? Supply and Demand of Oil Refineries or Oil Exploration? And how much do each of these contribute?

Everette

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What is the lowest stock price for BP gas from the past five years?

March 16th, 2009
gas price
Rev. Chelsey Colem5an asked:


We all know the gas prices are… basically crazy. A stock today for BP gas is $70.23! If I understand correctly. What is the lowest stock price for BP gas from the past five years? Winner gets five points!

Yousef

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Do you think Gas price keep going up because Bush own stock in oil company?

March 16th, 2009
gas price
BidCH.com - Free Auctions! asked:


so he did minimal thing to suppress the gas price?

Mukul

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How much higher Israel spike Gas price by keeping Waring on Gaza?

March 12th, 2009
gas price
Totu asked:


My gas price was $1.50 a gallon three days ago. Now it is $ 2.00 a gallon.

Norbert

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Why has the government done nothing about gas price fixing?

March 12th, 2009
gas price
lawmom asked:


I don’t get it. They broke up Ma Bell, continually drive Microsoft crazy, and are supposed to be against monopoly. And yet, the gas companies are being allowed to make record profits by charging horrendous amounts for oil. It’s price fixing at its worst. What will it take for something to be done?
The gas companies are making more money than ever…. That says that they have a higher profit margin.

Gurdip

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