The short-term solution for the insane gas prices is to somehow convince or force Iran to get a grip on themselves and stop playing games. Israel is not the least affraid to use their firepower to protect themselves with a preemptive strike and neither is the USA, although they have way more to lose if they do so. At the moment Iran is the largest threat to the stability in the middle eastern / arab countries. This, unfortunately, has direct impact on the gas prices which will only go up if it comes to a war.
Weather there is a long-term solution to the high fuel prices is something that's open for debate. It is a fact that the demand for oil is skyrocketing while the ability to supply this demand in some 10-15 years will be reduced due to over-consumption. Unless we find a way to make all-synthetic gasoline or build cars and industry based on nuclear or electric power, or perhaps the new solar power nanotech, i wouldnt be surprised if we end up paying EUR 3.50 for a liter of Super95 really soon.
by karl4 years ago
I'm not surprised in the slightest are you?A report by the BBC about an investigation into large companies fixing the price of fuels comes as no surprise to most people.But if the investigation concludes that indeed the...
by emievil6 years ago
Nothing political about the question. I just wanted to know if oil prices are going up in other parts of the world. We had an increase this week and there will be another increase in the prices next week.
by Moderndayslave6 years ago
Our friends that are doing "Gods Work" Goldman Sachs or Gold Sacks as some call them are now publicly predicting $5 a gallon gas with a barrel of oil to trade at $135 a barrel.A CEO for a major oil company...
by Gary Anderson6 years ago
Worried about the price of gas? Our oil companies aren't. They export oil in the SF Bay and in April will start exporting West Texas Intermediate (WTI) from the Gulf of Mexico. http://www.businessinsider.com/the-asto...
by Aqeel Saeed8 years ago
It fluctuate between $ 148 per barrel to $ 33 per barrel.
by lady_love1586 years ago
http://finance.yahoo.com/news/Gasoline- … amp;ccode=Prices are rising even as Americans are using less to the point where America exports more than we use! All this could be reversed if Obama.would let energy...
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