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Q: Why is the price of oil going down?
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Why isn't the price of petrol going down?

uganda's price is going down


What are the possible solutions for oil price crisis?

Well, if we keep using oil, then the price will keep going up. I think the best possible solution is to start using more alternate fuel sources, then the price of oil will go down with the demand for it. Besides, if we keep using oil, there will be none left, since it is a nonrenewable resource.


What will happen to the price of oil when there is a surplus in the oil market?

It will go down!~


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.


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 is diesel fuel going up in price as gasoline price is going down?

fair market and they can get way with it. simple


How was the economy of Mexico affected when the price of oil went down?

They did not have enough oil for their lawnmowers so the economy went way down.


Are the 4th gen itouch going down in price?

yes, all electronics go down in price every year or 2


When is the iphone 4 going to drop its price?

one of my friends went to change his phone and he said that they told him in about three weeks the price is going to go down


Why demand for mango is going down in Bangladesh?

price high low ncome


How much is your rolex worth?

about $1000 dollars but they might be going down in price


Is the war in Iraq really just over oil for money?

yes If that was the case, then the price of oil would have gone down, not up.