"The price of gas in the United States is a consequence of global economic growth, rising standards of living, greed, politics and the stresses induced by 6.5 billion people going about their business on a planet with limited resources.
Sound complicated? It most certainly is, which is one reason why we should avoid the temptation to simply blame greedy oil companies or radical environmentalists. But it's also strangely simple"
Thursday, May 29, 2008
A relatively simple explanation of gasoline prices: