Your view more or less consumption and...
Answers: Fuel prices are a function of several factors. Supply, constraint, refining issues, political situations and other factors play into the cost of fuels. Crude prices are not as big a driver of gasoline prices as folks might assume. About half of a butt of oil become gasoline, but that doesn't mean that partly of the cost goes to gasoline. There are impressively valuable fractions inside crude oil that cost MUCH more per gallon than gasoline.
Refinery time costs money as okay. If a refinery is producing gasoline, it's not producing some other product. If the other product is more profitable than gasoline, the refinery actually loses money making gasoline. Also, seasonal demands play into cost as ably. Refineries across the nation prepare well surrounded by advance for the home heat oil season. Huge stockpiles of grease are built up to deal next to the winter-long demand of keeping homes and businesses thaw. Time spent preparing for that is done during the top driving season of the summer.
The primary driver of gasoline prices is the global flea market. India and China are demanding massive quantities of petroleum to nurture the growing industrial sectors and since the world isn't producing more grease, we're draining down an already scarce resource at an increasing pace. Folks snicker at the Chinese because they purchase mineral rights to grease that is difficult to extract and refine, but someday that's adjectives that's going to be left and who will be snickering afterwards?
The additional pressure they place on the worldwide market affects our prices here within the US. Every barrel we produce is worth anything anyone, anywhere in the world is of a mind to pay. Since we are currently the world's largest consumer of pteroleum and it would cost more to gain our oil to the customer than the customer is ready to pay, we use adjectives our production domestically. Don't think for a second, though, that grease companies won't start exporting if they can make a penny more a gallon elsewhere.
Will prices ever return to smaller amount than $2.50/gallon? Sadly, no. We are entering the death throes of the Petroleum Age and as grease becomes more difficult to locate and refine, prices will verbs to sky rocket. The upside is that technological advance are being investigated and as grease becomes more expensive, these alternatives will become more attractive until they become preferable to grease and we will have a current energy source.
Did you know if we created a bend farm the size of North Dakota, we would own enough electricity to power the entire nation? Or that if we built a solar array the size of Nevada, we'd own enough power to supply the nation? We own the technology, it's just a issue of making it commercially viable. Ocean currents are another potential renewable source of energy that's mortal investigated.
Does anyone know how much gas would...
We're running low on Oil, we cant just drill anywhere for contemporary Oil, and well it the expire of society as we new it... i parsimonious all surrounded by due time we're gonna take it up the tailpipe!
And no the prices of OIL or anything we use on a daily basis anywhere will ever go down! it's just gonna get more and more expensive, GOD oblige our children and their children!
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