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The end user determines the gas prices....you buy it...price goes up...you don't buy it gas prices come down. The government has no control over commodities. The prospective presidential candidates can do nothing about the cost of oil...nothing. They are lying.
Oil is an underground resource...therefore it is owned by relatively few people (who do not share the profits. In the main (not all) these countries are the poorest nations. America's, and in fact most of the western world has it's resources above ground (it's people) and therefore the resources are owned by the majority.
Oil companies (of which the middle class in America has portfolios with their shares) are doing very well. Which is why middle America will continue to pay exorbitant fees. Exon or any other major player can simply order any pipeline around the world attacked and immediately hike prices.
The way forward, ultimately, will be to find energy in growing algae, not wheat. Oil companies know that their market is declining and will continue to do so over the next ten years. Yes, gas will be $10 a gallon sooner than later if we cannot cope with leaving our cars in the garage. One day boycotts are useless. I have great fun meeting my neighbors and discussing and now implementing joint travel. We hire a driver and a van twice a week to take us into the city. Cost: Driver $100 gas @100. We have no public transport. The real benefit is that I now have eleven new friends, all of whom I have only nodded to in the past.
Edited by Cyrano (04/24/08 08:51 PM)
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