gas price trends.....?

Question

Ok, am I the only one who has noticed that the last like 10 times gas prices went up, they spiked up then down just before a gradual increase?

I don't think it's a coincidence that gas spikes quickly, then people start comlaining then it goes down not as much as it went up, but then it slowly goes back to where it was when it spiked or just below.

I think this is a tactic used by the petro companies to inflate prices. A vital resource should not yield record profits, especially when it is in high demand. Granted we are a capitalist country, but there are laws to protect us from price fixing, which I see blatantly happening.

Nova,

I was asking if you saw a trend. I am very aware of the way supply and demand works.

I said I noticed prices shoot up, then come down and rise slower close to the same as where they were. I don't see any way in which supply and demand would always cause that type of fluctuation.

Answer 1

word

Answer 2

The world market dictates oil prices which in turn causes gas prices to change. It is kind of high for no reason but there also is supply and demand issues. The war in Iraq caused prices to go out because of supply distruption fears and the energy traders never looked back.

Answer 3

i assumed i became the only one which observed the greater terrorist we seize the decrease the gasoline cost mmmmm makes you think of gasoline expenses are extreme cuz they did no longer have administration of the oil now the greater controll of the oil the decrease the gasoline cost. meaning the muse for the conflict all alongside became no longer because of fact we've been attacked yet because of fact it gave us an excuse to get the oil without the yank public paying interest to it because of fact of yankee delight interior the towers.