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Originally Posted by beady
IWe are being ripped off and no one is shouting. WHY !!!!!!
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A short answer is, because Americans have been willing to pay whatever they charged, so far. When prices get to a point that cause folks to change their driving habits, car pool, stop buying gas guzzlers, use alternative fuels, etc. then the oil companies might take notice. But only if they can't sell their products elsewhere in the world.
There is also the fact that the stuff is traded on the commodities markets and speculators are driving the prices upward based on factors other than current supply and demand. How else can we understand that an event happens somewhere in the world today, and tomorrow the price at the pump goes up.
Or, maybe it's just Bush and Chenney's fault.