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I think oil prices will get even HIGHER as we use up that resource on the Earth. But now more and more hybrids are being made and sold that we may see a lower prics. So BUY A HYBRID!!!!!!
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∙ 16y ago
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Who is gaining from the rise in oil and gas prices?
the government
What are oil bonds?
Government owned oil companies in India suffer losses as the prices of petroleum products are administered by the government. Even when the oil prices increase the government is not in a position to rise the prices automatically due to fear of loss of popularity. So the government issued oil bonds to cover the losses or to put it simply the loss was covered by the government without paying a single rupee from its funds. The oil companies can raise loans against the bonds but can they cash the same is a moot question.
Which measure did the U.S. government take to combat the problems of increasing oil prices?
increasing taxes on oil
Why does the government allow gas prices to rise even as the oil companies profits increase They are raping us and your government does not care Why?
Higher gas prices, more tax money.
Which measure did the us government take to combat the problems of increasing oil prices?
all
How are the oil prices doing in Bahrain?
As per Bahrain economic report for Q2 2016, there has been volatility in oil prices along with fiscal consolidation. This has led to some downward pressure on growth but the non-oil drivers are still facing it bravely.
What was the cause of the military overthrow of nigeria's government in the 1980's?
a fall in oil prices on the world market.
What is the government doing for oil spills?
No he does not cause he has formats from different locations that keep him busy and away from oil contructions these days.
What is administered price inflation?
when the government administers or subsidises prices of essential commoditites like rice, oil or even oil and electricity but the global prices are high, then it implies that these domestic prices would take some time to respond or adjust to global prices and in this process, the rate at which the prices respond would lead to inflation implying that it is transmitted through global prices.
How did the initial growth of the oil industry during this era impact Texas state government?
The texas surveyors office was established to regulate and control oil prices.
What were the effects of the Arab OPEC oil embargo on the US?
what were the effects of the Arab OPEC oil embargo on the U.S
What do you mean by oil pool account?
An oil pool account is a fund reserve maintained by the governments of many countries to protect citizens against fluctuations in oil prices. An example is the government of India.
