--- title: "Meaning & Key Takeaway of: Even if gas prices fall, consumers will…" description: "\"Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is..." image: "https://sms4smile.com/quotes/i/9c6/major-owens-17051_company_even-if-gas-prices-fall-consumers-will-c_1562521.jpg" --- # Even if gas prices fall, consumers will continue to be… ![“Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is the skyrocketing profits of oil companies.” quote by Major Owens](https://sms4smile.com/quotes/i/9c6/major-owens-17051_company_even-if-gas-prices-fall-consumers-will-c_1562521.jpg) [Download](https://sms4smile.com/quotes/i/9c6/major-owens-17051_company_even-if-gas-prices-fall-consumers-will-c_1562521.jpg) [Open image](https://sms4smile.com/quotes/i/9c6/major-owens-17051_company_even-if-gas-prices-fall-consumers-will-c_1562521.jpg) > “Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is the skyrocketing profits of oil companies.” [Major Owens](https://sms4smile.com/quotes/author/major-owens/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Even if gas prices drop, oil companies’ profits keep rising, meaning consumers still pay high prices. **In simple terms:** Oil profits outpace gas price drops, hurting consumers. Key Takeaway Watch for hidden profit increases. Themes economics energy consumer rights corporate profit Mood concerned critical Type political informative When to use this quote - budget planning - advocacy - energy policy analysis Key Concepts price elasticity market manipulation regulation public policy Questions to Reflect On - What policies could curb excessive oil profits? - How do consumers protect themselves? A Different Perspective Profit motives can obscure true cost benefits. ★ ★ ★ ★ ★ No ratings yet [Climate](https://sms4smile.com/quotes/about/climate/) [Company](https://sms4smile.com/quotes/about/company/) [Consumers](https://sms4smile.com/quotes/about/consumers/) [Continue Gouged](https://sms4smile.com/quotes/about/continue-gouged-5864939/) [Fall](https://sms4smile.com/quotes/about/fall/) [Faster](https://sms4smile.com/quotes/about/faster/) [Gas](https://sms4smile.com/quotes/about/gas/) [Gas prices](https://sms4smile.com/quotes/about/gas-prices/) [Gasoline](https://sms4smile.com/quotes/about/gasoline/) [Gasoline Skyrocketing](https://sms4smile.com/quotes/about/gasoline-skyrocketing-5864938/) [Oil](https://sms4smile.com/quotes/about/oil/) [Oil companies](https://sms4smile.com/quotes/about/oil-companies/) [Price Gasoline](https://sms4smile.com/quotes/about/price-gasoline-1760972/) [Profit](https://sms4smile.com/quotes/about/profit/) [Profits Oil](https://sms4smile.com/quotes/about/profits-oil-655279/) [Pumps](https://sms4smile.com/quotes/about/pumps/) ## Related quotes > [For those of us who worry more about working people than about windfall profits for oil companies, it may net out. A better question…](https://sms4smile.com/quotes/bill-mckibben/for-those-of-us-who-worry-more-about-working-people-than-about/) [Bill McKibben](https://sms4smile.com/quotes/author/bill-mckibben/) > [The one thing people seem to forget is the more oil we have, the lower the price and the lower the profits the oil…](https://sms4smile.com/quotes/david-pratt/the-one-thing-people-seem-to-forget-is-the-more-oil-we-have-the-lower/) [David Pratt](https://sms4smile.com/quotes/author/david-pratt/) > [This morning, prompted by increasing concerns about terrorism, oil prices reached a record high as the cost of a barrel of crude is a…](https://sms4smile.com/quotes/jon-stewart/this-morning-prompted-by-increasing-concerns-about-terrorism-oil/) [Jon Stewart](https://sms4smile.com/quotes/author/jon-stewart/) > [“We should stop worrying so much about the price of gasoline and start considering its cost . You really want to be patriotic? Don't…](https://sms4smile.com/quotes/bill-maher/we-should-stop-worrying-so-much-about-the-price-of-gasoline-and-start/) [Bill Maher](https://sms4smile.com/quotes/author/bill-maher/) > [Since I walked in the door as secretary of energy, I've been doing everything in our powers to do what we can to reduce…](https://sms4smile.com/quotes/steven-chu/since-i-walked-in-the-door-as-secretary-of-energy-i-ve-been-doing/) [Steven Chu](https://sms4smile.com/quotes/author/steven-chu/) > [Arab leaders worry more about making money from the profits they get from oil and gas that they turn the other way when Lebanon…](https://sms4smile.com/quotes/abu-bakar-bashir/arab-leaders-worry-more-about-making-money-from-the-profits-they-get/) [Abu Bakar Bashir](https://sms4smile.com/quotes/author/abu-bakar-bashir/) > [The fossil fuel industry will inevitably have to experience major cutbacks and, over the longer term, near-total demise. There is simply no choice in…](https://sms4smile.com/quotes/robert-pollin/the-fossil-fuel-industry-will-inevitably-have-to-experience-major/) [Robert Pollin](https://sms4smile.com/quotes/author/robert-pollin/) > [The profits of oil, coal, and natural gas companies will have to yield to the imperative of sustaining life on earth.](https://sms4smile.com/quotes/robert-pollin/the-profits-of-oil-coal-and-natural-gas-companies-will-have-to-yield/) [Robert Pollin](https://sms4smile.com/quotes/author/robert-pollin/) > [High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend…](https://sms4smile.com/quotes/major-owens/high-gas-prices-are-eating-away-at-consumer-s-disposal-income-and/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [There are not a ton of people buying cars - cars are expensive. So people usually go for the cheapest car they can get.…](https://sms4smile.com/quotes/chris-paine/there-are-not-a-ton-of-people-buying-cars-cars-are-expensive-so/) [Chris Paine](https://sms4smile.com/quotes/author/chris-paine/) > [Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.](https://sms4smile.com/quotes/steven-chu/somehow-we-have-to-figure-out-how-to-boost-the-price-of-gasoline-to/) [Steven Chu](https://sms4smile.com/quotes/author/steven-chu/) > [Of course we don't want the price of gasoline to go up, we want it to go down.](https://sms4smile.com/quotes/steven-chu/of-course-we-don-t-want-the-price-of-gasoline-to-go-up-we-want-it-to/) [Steven Chu](https://sms4smile.com/quotes/author/steven-chu/) > [The fact that the price of gasoline has declined some in recent weeks must not allow Americans to be lulled into a false sense…](https://sms4smile.com/quotes/virgil-goode/the-fact-that-the-price-of-gasoline-has-declined-some-in-recent-weeks/) [Virgil Goode](https://sms4smile.com/quotes/author/virgil-goode/) > [“A study in the American Journal of Public Health estimated that every $1 increase in the price of gasoline is associated with an additional…](https://sms4smile.com/quotes/charles-wheelan/a-study-in-the-american-journal-of-public-health-estimated-that-every/) [Charles Wheelan](https://sms4smile.com/quotes/author/charles-wheelan/) > [“The governing principle is precisely the same one that predicts behavior at the gas pump. When the price of gasoline is low, people choose…](https://sms4smile.com/quotes/steven-e-landsburg/the-governing-principle-is-precisely-the-same-one-that-predicts/) [Steven E. Landsburg](https://sms4smile.com/quotes/author/steven-e-landsburg/) ## More by Major Owens > [I have a great deal of respect and admiration for people who put themselves on the line.](https://sms4smile.com/quotes/major-owens/i-have-a-great-deal-of-respect-and-admiration-for-people-who-put/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [We need to get ready for a world where terrorism will not ever fully go away.](https://sms4smile.com/quotes/major-owens/we-need-to-get-ready-for-a-world-where-terrorism-will-not-ever-fully/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [Education technology is very important because we have a massive challenge in public schools.](https://sms4smile.com/quotes/major-owens/education-technology-is-very-important-because-we-have-a-massive/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [Excitement in education and student productivity, the ability to get a result that you want from students, go together and cannot be separated.](https://sms4smile.com/quotes/major-owens/excitement-in-education-and-student-productivity-the-ability-to-get-a/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend…](https://sms4smile.com/quotes/major-owens/high-gas-prices-are-eating-away-at-consumer-s-disposal-income-and/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [Washington has been ignoring this issue for too long.](https://sms4smile.com/quotes/major-owens/washington-has-been-ignoring-this-issue-for-too-long/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [Technology tools such as laptops are the kind of help that we need. A program that provides laptops for all youngsters would close a…](https://sms4smile.com/quotes/major-owens/technology-tools-such-as-laptops-are-the-kind-of-help-that-we-need-a/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [The ownership of computers in the home is far less than the statistics show, because usually when the computer breaks down once, that is…](https://sms4smile.com/quotes/major-owens/the-ownership-of-computers-in-the-home-is-far-less-than-the/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [It was the best route to get folks to understand segregation fast. Civil rights and women's rights had a clear history. Making the transition…](https://sms4smile.com/quotes/major-owens/it-was-the-best-route-to-get-folks-to-understand-segregation-fast/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [Therefore, you are not training young people for the world of today and the world of tomorrow unless you are doing proven technology training.…](https://sms4smile.com/quotes/major-owens/therefore-you-are-not-training-young-people-for-the-world-of-today/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [We have to start with a ban on the manufacturing and import of handguns. From there we register the guns which are currently owned,…](https://sms4smile.com/quotes/major-owens/we-have-to-start-with-a-ban-on-the-manufacturing-and-import-of/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [It is very difficult to get legislation passed. But then the danger always is that you have no power at all if you do…](https://sms4smile.com/quotes/major-owens/it-is-very-difficult-to-get-legislation-passed-but-then-the-danger/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [Children are already accustomed to a world that moves faster and is more exciting than anything a teacher in front of a classroom can…](https://sms4smile.com/quotes/major-owens/children-are-already-accustomed-to-a-world-that-moves-faster-and-is/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [Education technology and school construction go together. Modernization, updating education facilities, and making a capital investment in education are all included.](https://sms4smile.com/quotes/major-owens/education-technology-and-school-construction-go-together/) [Major Owens](https://sms4smile.com/quotes/author/major-owens/) > [It's a sad day when the leaders of the free world engage in such deception and trickery. 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