JETSET asked:
In every economics class I’ve ever taken the classic answer to every pricing question is “it’s supply and demand”. Can anyone explain to me how on earth gas prices can continue to skyrocket when U.S. demand is on the biggest decline in the last 30 years. Don’t tell me that China is the one driving it. I’m not buying the fact that a third world country can afford these prices when we can’t! P.S. Why is there not a REVOLT against these prices like a don’t buy gas week?