Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

kentuck

(115,419 posts) Fri Feb 17, 2012, 06:44 PM Feb 2012

Why is the price of gas going up? [View all]

And how much does it have to do with Iran?

Are the oil companies betting on future military action against Iran?

Or do we have a shortage of oil at the present time?

Or is it just greed by the big oil companies?

What is your opinion?

37 replies

= new reply since forum marked as read

Highlight:

Why is the price of gas going up? [View all] kentuck Feb 2012 OP

Because it can. nt valerief Feb 2012 #1

exactly. shanti Feb 2012 #21

You beat me to it. nt nanabugg Feb 2012 #25

with the media greasing the skids. rurallib Feb 2012 #26

speculators? Greedy mofos? CurtEastPoint Feb 2012 #2

Greedy oil companies doing their part to kill an economic recovery liberal N proud Feb 2012 #3

I think trying to kill an economic recovery could be part of the reason why. applegrove Feb 2012 #32

Well, if more people are working & more companies are delivering goods... Bruce Wayne Feb 2012 #4

Well, I'll wager that you will not find demand up this time of year. Also, did you know that "we" theophilus Feb 2012 #34

Big oil threatened "Huge political consequences" if Obama didn't approve the pipeline. tridim Feb 2012 #5

This message was self-deleted by its author pampango Feb 2012 #6

Because they can Politicalboi Feb 2012 #7

Tax refunds are on the way. greendog Feb 2012 #8

Consumption worldwide is in decline, Magoo48 Feb 2012 #9

we need to bypass oil altogether Rosa Luxemburg Feb 2012 #17

Very true. Unfortuantely we can't bypass oil this year or next or even in a decade... spin Feb 2012 #33

we're down to 3.19 here about 30 miles north of Detroit. notadmblnd Feb 2012 #10

We just went above 3.00 per gal for regular... kentuck Feb 2012 #11

3.80 here in S.E. Conn NutmegYankee Feb 2012 #31

Spring is coming Texasgal Feb 2012 #12

It did this last winter. Up in the winter.....down in the spring.... theophilus Feb 2012 #35

Some, no but the speculators are, sort of, and partly FarCenter Feb 2012 #13

I thought prices would go down after Iraq. pwb Feb 2012 #14

Oil is $120 a barrel Spider Jerusalem Feb 2012 #15

It's not because of increased usage in the US Yo_Mama Feb 2012 #16

Record exports of refined gasoline and diesel leaving the market for overseas. Ikonoklast Feb 2012 #18

We import the crude, refine it, and ship the refined gasoline and diesel to other countries FarCenter Feb 2012 #22

not really Spider Jerusalem Feb 2012 #23

Oil cos are doing it to derail Ilsa Feb 2012 #19

There are lots of reasons... sendero Feb 2012 #20

I think it's Iran. n/t jenmito Feb 2012 #24

Because they want to point their finger at Mr. Obama and yell "IT'S HIS FAULT". Booster Feb 2012 #27

We all paid way too little for way too long Ron Green Feb 2012 #28

Speculation by 5 investment banks "betting" on the future price of oil Samantha Feb 2012 #29

I think this is the major reason... kentuck Feb 2012 #30

Its greed by the big oil companies madokie Feb 2012 #36

Because walking to work is a drag taterguy Feb 2012 #37