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Sunday, April 14, 2013

Gas Prices

A main question among the average America in forthwith?s society is: Why be flatulency prices so high and expected to go blush high? This has been a main concern to the average American. After wholly, our country is parasitical on crude oil. Without oil American?s rescue would crumble. So how could the average American help with rising cost. unsteady conditions throughout the world create uncertainty within the ball-shaped marketplace. One problem is that wholesalers are unaware if they will bring enough oil; therefore, they are willing to pay higher prices. With the problems between America and some oil producing countries such as: Iraq, Venezuela and now Saudi Arabia, the uncertainty of acquiring oil rises on the global marketplace. The potential for supply drops increasing the demand and the fluffoline price increases. This is one of the main reasons why gas prices are so high. OPEC, the international organization, is another reason why gas prices are so high. What OPEC does is cut their oil production as consumers have seen recently. Supply is dropped yet the demand is high. As the OPEC nations skip supplies, other non-OPEC countries may increase their supplies, thus increasing their profits. Occasionally, even an OPEC country breaks away from the OPEC agreement of reducing oil supplies and increases their production.

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This is oft done without the consent of the other OPEC nations (N.A.,2008).

Within the United States the delivery has continuously risen. Gradually, as our demand for gas has increased over the years more gas stations came into the marketplace. The problem with this is around of the gas stations were owned by the same corporations. With all the main corporations owning all the gas stations they had no palpable competition, so they could raise there prices as they see fit.

another(prenominal) reason why gas prices...

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