I guess now could be a good time to invest in technology researching alternative fuels and hybrid car.
what?! you dont think some one or some people already havent. im positive that they have but then if was released tot he public the oil companies would lose out big time. so they buy the rights to it, and of course the poor sap who invented it sells it for alot of $$$. then the inventor is rich, and he doesnt care about his invention becuase he can afford to buy whatever he wants. and since opec, or the oil company has the rights to such technology no one can manufacture that alternative fuel or technology.
its not like oil companies need to charge as much as they do. they dont, they have a huge profit margin. why else could they afford to pay a retireing ceo $400 million!!!! but its in high demand, theres not much we or anyone can do to stop it so they get richer and richer. they could build more refineries, but why would they do that? then they wouldnt have any reasons to hike up the price and get more hard earned money from us.
once it gets up to $4 a gallon, then theyll lower it to $3.75 and thatll seem like a bargain because well be so used to it being $4+ !! just like it has in the past. it will never get below $2 again. and after this summer it wont go below $3 ever! so theyll have to raise the minimum pay rate so that people can afford to go to work. imagine that! and to be a consumer. but that means that we have more money to spend, so guess what?! gas prices will raise again.
oh yeah, and once it hits that high, the dumbass american public, and i do mean dumb, will freak out and go and buy all the gas they can. just like after katrina, which just drives the price higher! which makes the demand is higher, so the prices go up again! we do it to ourselves people! and the oil comapies know that, so thats exactly whats going to happen. you can mark my words! why do you think they do it? it just gives them another reason/excuse to use against us to raise prices. so sad!!!!
another thing, if we are at war over oil then wouldnt you think the price would have dropped considering we're in somewhat of control over iraq? so that means we should be in control of the oil. so we send it back here right? but thats not the case is it?