How's That Recovery Comin?

[Antitrust32]

Originally Posted by ateamstupid

You can't answer the question. I'm asking you why gas prices go up. They've skyrocketed since 2006. I want your explanation for it, to see if it's equally as clueless and naive as your views on the collapse of the housing bubble.

mainly supply and demand (it always jumps during travel seasons), OPEC, natural disasters affect prices (they jumped up a large amount after Katrina), and yes, middle eastern conflicts affect supply. a massive increase in demand from other countries (China in particular) affect price increases.

gas prices bairly flinched in the 20 years prior to the mid 2000's. I personally believe gas prices are where they should be for 2011.