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How did you know the real Detail behind those Greedy Oil nations?
Triple the price in 3 years? If there's no shortage of supply then the only reason must be price gauging.
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Ahhh, no. Back to Econ 101. There are TWO sides: supply and demand. The fact there is no shortage of something tells you nothing about demand. If I make 10,000,000,000 widgets a day there are certainly a lot of widgets around. But if demand for widgets is 11,000,000,000 a day the price is going up despite the fact there are plenty of widgets. Likewise, if I make 5 gidgets and the demand is 3, prices are going down despite the fact there are very few gidgets around. So the quick answer to your dilemna is that, yes, there is a lot of oil. So what? Further, and for the 1,000th time on this forum, oil companies do not set the price for oil. Hence, "gouging" is kind of hard for them to do.
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I have been driving a small car already; again this is not my personal problem.
If our government cannot do anything to ease the gasoline price surging, we will be in deeper trouble economically.
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Here's what the government should do: Tell people to use less gas.