View Single Post
Career Officer
Join Date: Jun 2012
Posts: 987
# 33
10-05-2012, 07:05 AM
Originally Posted by dassemsto View Post
Lucky bastards.... over here it's at 9.95$! And we're an oil exporting country!
One thing to remember: Oil is not only used for gasoline. Its used for making plastics, other chemicals, etc. Market forces dictate that you use your resources in the most valuable way possible. Even if you doubled your capacity because of a new oil field being discovered, it wouldn't lower your gas prices because your country would most likely export it all.

Also, Where do you live? That high of price indicates you may be in Europe where gas subsidizes a very, very robust public transportation system.