11 August 2009

The High Price of Gas

The following was originally posted to Gaia Online on 15 September 2008.

Anyone who has taken high school level economics should know about the law of supply and demand. Yet whenever we the people hear that gas prices might be going up we rush out and buy up all we can thus guaranteeing that prices will skyrocket.

Do you go out and fill every gas can you have whenever there is a hint of a fuel shortage? If so then YOU are partially responsible for high gas prices. Think about that the next time you want to gripe that the government or big oil is jacking up gas prices.

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