Did the oil companies in partmership with the Bush administration cause Inflation by influencing gas price...?

...increases at 100%?Did the oil companies in partmership with the Bush administration cause Inflation by influencing gas price...?
yesDid the oil companies in partmership with the Bush administration cause Inflation by influencing gas price...?
Yes. And their henchmen the dolphin men who live in the sun knocked down the towers on 9-11 with secret ray weapons they installed in Atlantis. I love conspiracies, don't you? This is so fun. Make up another one. Can we have, like, a secret handshake for this?
Yes. The Bush adminstration is out to get you personally by arranging for higher oil and gas prices. They have your name on a list for asking this question and the next time you pull in to a gas pump watch the prise rise -- just for you.


Go O'Bama.
remember Bush is from texas oil country . . yes
This is a myth! There are no oil companies in partnership with the government. The price of oil, manipulated by O.P.E.C., on the other hand is directly responsible for the increase in gasoline prices. This increase in gas prices is largely responsible for inflation because of increasing the cost of transporting goods across the country as well as people to and from their jobs!





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Put down the Kool Aid and understand the truth (it will set you free from your hatred):


For the first quarter of 2008, the average state gasoline tax is 28.6 cents per gallon, plus 18.4 cents per gallon federal tax making the total 47 cents per gallon.


Crude oil price represents about 50% of gasoline prices. Do you think OPEC would do what the oil companies and Bush want? Look at who makes up OPEC: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Indonesia, Socialist Peoples Libyan Arab Jamahiriya, United Arab Emirates, Algeria, Nigeria, and Ecuador.


Distributing and marketing costs are about 10% of the cost of gasoline and the remaining 20% or so is refining costs. There hasn't been a refinery built in the USA since around 1975. Refineries are running at 100% capacity. Environmentalists have made sure no more refineries are likely to be built. So, when a refinery has a major problem, that affects the price of gasoline due to a decrease in supply.





Another factor driving up gasoline prices is the complex cornucopia of boutique gasoline blends. The refineries and pipelines must be shut down and cleaned whenever a different formulation is produced. With so many different formulations for gasoline, that is an inefficient way to produce the product.


A GAO report released last year lays out the boutique fuels problems:





';The proliferation of special gasoline blends has made it more complicated to supply gasoline and has raised costs, significantly affecting operations at refineries, pipelines, and storage terminals. At refineries, making these blends can require additional investment such as installing new processing equipment and the use of larger amounts of valuable components in the blending process鈥攎aking it more costly to produce special gasoline blends. Once produced, different blends of gasoline must be kept separate throughout the shipping and delivery process, and the increased number of gasoline blends has reduced the capacity of pipelines and storage terminal facilities, which were originally designed to handle fewer products. For example, several pipeline companies reported that the capacity of their systems has been reduced because they have had to slow the speed of products through the pipelines in order to off-load special blends at specific locations, which raises the average cost of shipping gasoline. Similarly, storage terminals have not been able to fully utilize the volume of their storage tanks because the tanks were designed to handle fewer types of fuel and are often larger in size and fewer in number than necessary for handling smaller batches of special gasoline blends. Further, the proliferation of special blends has, according to several buyers from these wholesale markets, limited the number of suppliers of some of these fuels, posing challenges when traditional supplies are disrupted, such as during a refinery outage or pipeline delay. In the past, local supply disruptions could be addressed relatively quickly by bringing fuel from nearby locations; now, however, additional supplies of special gasoline blends may be hundreds of miles away.';





Therefore, the price of gasoline is attributable to a number of factors out of the control of the oil companies and the Bush administration. If you want to have lower gasoline prices, change the laws and let them build more refineries, get rid of so many blends of gasoline, and allow drilling in ANWR.
Absolutely not.. the oil companies are not in with the Bush administration either... You folks dont understand some real basic thing.. Oil is a world commodity and the price is what it is because of supply and demand.. Also.. all the regulations preventing refineries from being built have caused it.. If the oil cant be refined ,.,, it cant be turned into gasoline..The entire world is using much more oil and gas and less is being produced for many reasons... mainly environmental regulations... which I understand and agree with.. but we still need fuel.. All the folks in California are gripping about oil prices and yet they refuse to let the oil companies drill off shore there.. but they dont mind it being done other places like Texas and Louisiana... and then they want cheap gas.. how much sense does that make??? I guess it is human nature to try and blame some one else for all our problems...but truthfully we create our own problems.. most of us waste fuel....etc..
Hello Again. I will stop if you stop posting uneducated questions.





The rise in oil prices is do the the huge demand of oil in India and China. Also, we have billions of gallons of oil buried beneath our own soil that we could drill, if the liberal tree huggers would realize that crude oil is still currently better for the environment that the BS ethanal garbage they wish we would use.
It is the policies and actions around the world of the Bush administration combined with growing global demand on an ever decreasing commodity (oil) that has caused the price to rise. Other factors play into this, such as refining capacity, and environmental laws. His relationship with oil business has helped them to maximize their profits. Despite blaming the lack of sucking domestic oil dry, studies have shown that raising the fuel efficiency of all cars, trucks and diesels would be the best way to lower demand or save oil, that combined with other energy conservation and alternative energy production could go a long way lowering gas prices. Bottom line, it is we the users that are responsible. We buy it and elected (sort of) Bush.
I bet you blame Bush for that nasty zit you have on your butt to right?