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Because Big Oil found a new way to rip off the consumer.
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∙ 12y ago
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What is a supreme petrol?
Supreme petrol is one way to say that the gasoline possesses more percentage of hydrocarbon. More the percentage of octane for a given petrol, it will burn more hence giving more energy and less unburnt hydrocarbons. Supreme petrol's are little expensive than regular petrol.
If the price elasticity of demand for gasoline is 0.20?
Price elasticity that is positive is uncommon. The buyers of gasoline would be generally wealthy individuals who believe that the more expensive the gasoline, the better it must be. Thus, as the price of gasoline goes up, the quantity of gasoline demanded by wealthy people goes up as well. A more suitable product with a positive price elasticity of demand (PED) would be for instance caviar.
Why is cooling a house more expensive than heating it?
It is not always the case that cooling is more expensive than heating. It depends on the type of system you have and your utility rates. It also varies based on your location. You can find out the most cost effective way to heat and/or cool your home with an advanced load calculation. Then you can decide what type of equipment to use.
What was the cost of a gallon of gas in 1965?
The US national average retail gasoline price hovered around 25 cents per gallon in 1947 and 1948 when prices were 23 cents and 26 cents per gallon, respectively. The first year that gasoline in the US averaged more than $1.00 per gallon was 1981 @$1.19/gallon
What kinds of questions does economics address?
Economics answers everything from day to day life. Why is this coffee in Starbucks more expensive than 7Eleven? Why is the produce sold at Farmers Market more expensive than the regular supermarket? Would it be advantageous to go on a date? What are the chances of getting a date in the bar? Etc.
How much does biodiesel cost?
At the moment, I think it is slightly more expensive than regular gasoline.
How much biodiesel cost?
At the moment, I think it is slightly more expensive than regular gasoline.
Why don't they use natural gas in cars?
They do, but the fuel is more dangerous to handle and the infrastructure is more expensive than with regular gasoline cars.
Solid brown shih-tzu is expensive?
they will be more expensive then regular ones they will be more expensive then regular ones
Why does it cost more to refine heating oil then gasoline?
because oil is cheaper than gasoline & its heat came longer then gasoline.
Do cars run on gasoline?
some of them run on gasoline and others on feul. NOTE: I THINK GASOLINE IS EVEN MORE EXPENSIVE...
Which is more expensive Moet or Krug?
Krug is by far the most expensive, the regular Krug is 3x as expensive as the regular Moet
Are uniforms more expensive than regular clothes?
yes it is more expensive by 75%
Can you use diesel oil instead of heating oil?
Sure, but it is way more expensive that heating oil.
What is more efficient the gasoline engine or diesel engine?
The diesel is more efficient but more expensive to build.
Does it cost more to produce diesel fuel than regular gasoline?
I'm going to go with "No" as gasoline requires more refining than diesel does.
Is it cheaper to use a wood pellet stove to heat my house, or will propane be more affordable?
A pellet stove is a good room heater but may be much more expensive for overall house heating than a regular furnace.
