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Because oil prices are going up so gas companies have to raise their prices so they can make a profit and not go bankrupt.
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∙ 13y ago
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Why has the gas prices gone up and do you think its fair if it keeps going up?
= Why has the gas prices gone up and do you think its fair if it keeps going up? =
Why is the price of milk going up?
Because when gas prices go up, food prices also go up.
What are the factors of increasing of the petrol price?
Gas prices are set by a supply and demand system. If something happens that effects that system then the price can go up or down. Gas prices will go up in the United States when a Hurricane hits the gulf of Mexico coast and the Oil processing plants and Oil rigs have to close down. The demand for the oil/gas goes up and the supply goes down so the prices go up. In a situation like the Swine flu gas prices are going down because the demand is going down while the supply is going up. As the demand for gas/oil goes up the prices will follow.
When did gas prices start going up?
When Natural Disasters occur in an area where they have refineries
What does foreign oil have to do with gas prices going up?
Well gas comes from oil and America does not produce enough oil to support all the things that need gas in America. So America buys alot of its oil from foreign countries. Gas prices are going up because foreign countries are increasing the price and the amount of oil is going down.
Why has the gas prices gone up and do you think its fair if it keeps going up?
= Why has the gas prices gone up and do you think its fair if it keeps going up? =
Why is the price of milk going up?
Because when gas prices go up, food prices also go up.
What are the factors of increasing of the petrol price?
Gas prices are set by a supply and demand system. If something happens that effects that system then the price can go up or down. Gas prices will go up in the United States when a Hurricane hits the gulf of Mexico coast and the Oil processing plants and Oil rigs have to close down. The demand for the oil/gas goes up and the supply goes down so the prices go up. In a situation like the Swine flu gas prices are going down because the demand is going down while the supply is going up. As the demand for gas/oil goes up the prices will follow.
When did gas prices start going up?
When Natural Disasters occur in an area where they have refineries
What does foreign oil have to do with gas prices going up?
Well gas comes from oil and America does not produce enough oil to support all the things that need gas in America. So America buys alot of its oil from foreign countries. Gas prices are going up because foreign countries are increasing the price and the amount of oil is going down.
Why are many cars today designed to get better gas mileage than in those in the past?
Because gas prices are going up...
What rules or laws are Americans concerned about today?
Gas prices going up and bein in dept with other countries
Who is making the gas prices go up?
The Gas is making the gas go up
How do gas prices affect families?
Gas prices effect families because as gas prices go up the economy is going down. This causes job losses no businesses and you may even have to give up some of your freedom to help your families.
What was the price of gas in ny in 1974?
Gas prices in 1974 in New York City were around 53 cents. Can you imagine gas going up close to $5 since 1974! Gas prices are rumored to be taking a plunge here real soon though.
Why do stock prices keep going down when gas keeps going up?
purchasing and owning stocks has always been a bit of a gamble, even at the best of times. as times and finances get tenser ,basic items like food and gas skyrocket- people put more emphasis on the necessary instead of the risky,causing gas prices to go up.
What are the gas prices in Italy?
Gas prices in Italy are up to 6 or 7 dollars per gallon
