why are gas prices so high

why are gas prices so high.

Everyone has thier own idea about high gas prices. Some say the oil companies others say traders in th stock market.

I agree traders do drive prices higher not oil companies. Most oil companies and refiners are not making a high percent of profit with gas or oil so high.

The one real reason gas prices are so high is we use way too much gasoline daily. Everyone should look at the fact that every 5 miles a hour you drive faster uses 3 miles a gallon more in a fuel efficient car now imagine SUVs and semi trucks. The USa would save 1 2 or 3 million barrels of oil a day if we went back to the 55 mph per speed limit.

Now is the prices of gas worth $4 to save 5 minutes of a 1 hour drive or would you be willing to pay $2 a gallon and take 5 minutes longer.

If the politicians want to lower the price of oil and gasoline and desiel fast lower the speed limit back to 55 mph and it will drop the prices in a week or 2.

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