Tuesday, March 11, 2008

Why Are Gas Prices Rising?

The cost of the war, has led to inflation, causing a drop in the value of the dollar, helping to push the cost of crude oil up, leading to higher gas prices.

This is not the only reason gas prices are rising. Shall we talk about the obscene profits made by oil companies? Three of the biggest American companies, Exxon Mobil Corp., Chevron Corp. and ConocoPhillips made about $10 million an hour during their last reporting period. Ten million dollars an hour! Of course that is only five million dollars an hour in real money.

When are people going to wake-up?

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