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Who regulates fuel prices?
Many entities control gas prices. When the U.S. government places tax on gas that is a price control. When the U.S. government keeps oil companies from drilling and building refineries, or making the cost exorbitant, that affects gas prices. When the Middle East countries cut back the amount of oil they drill for, that causes gas prices to rise. The evrironmentalists, putting heavy regulations on gasoline raises gas prices. These are just a few that affect the price of gas.
Where can you get MOPS oil prices?
The MOPS oil prices can be found on the Platts website. It has current prices for oil, natural gas, and coal. The prices change on a regular basis and are constantly updated.
Can a mayor lower gas prices?
No. Gas prices go up and down with how much the barrels of gas from the oil companies cost.
Who is gaining from the rise in oil and gas prices?
the government
Why do high oil prices affect food prices?
transportation of food takes oil to get it around to your local grocery store therefore driving up food prices.
What are societal changes that affect the family?
prices rise gas goes up oil rises in price
How did oil and gas prices affect the economy during cater presidency?
During Carter's presidency, oil and gas prices surged due to the 1979 energy crisis, which was triggered by the Iranian Revolution and subsequent oil supply disruptions. This led to rampant inflation, increased production costs, and a recession, as high energy prices affected nearly all sectors of the economy. Consumer spending declined due to rising fuel costs, and the economic instability highlighted the U.S.'s dependency on foreign oil. Carter's administration faced significant challenges in addressing these economic issues, which contributed to his lower approval ratings and impacted the 1980 election.
Who regulates fuel prices?
Many entities control gas prices. When the U.S. government places tax on gas that is a price control. When the U.S. government keeps oil companies from drilling and building refineries, or making the cost exorbitant, that affects gas prices. When the Middle East countries cut back the amount of oil they drill for, that causes gas prices to rise. The evrironmentalists, putting heavy regulations on gasoline raises gas prices. These are just a few that affect the price of gas.
Who influences gas prices?
Oil and natural gas companies.
Which is cheaper oil or gas?
It depends on the current market prices, but generally, gas is cheaper than oil.
What are things that affect oil prices in 1945?
no
Do gas prices depend on oil?
yes
Where can you get MOPS oil prices?
The MOPS oil prices can be found on the Platts website. It has current prices for oil, natural gas, and coal. The prices change on a regular basis and are constantly updated.
Can a mayor lower gas prices?
No. Gas prices go up and down with how much the barrels of gas from the oil companies cost.
What will the gas prices be in 2014?
$3.91 will be the gas prices for 2014. due to the fact that we keep having oil spills.
What are three things that affect oil prices in 1945?
no
Who is gaining from the rise in oil and gas prices?
the government
