Gas Pricing and the Economy

The subject of increasing gas prices is on everyones mind these old age especially when gas prices are not decreasing as fast as everyone had hoped. Gas prices are dependent on many factors. One of those factors is the design of supply and demand. People of straight off are more mobile than ever before. We live miles out from work, school, shopping, and recreational activities. With this comes the increased demand for gun, which has lead to a falling off in supply of gasoline to fill those demands.

The decrease in the supply of gasoline can be related to the concept that crude fossil oil is a non-renewal natural alternative. Once this resource is gone, it is gone for good and new areas of crude oil collect to be discovered. In correlation with this concept of crude oil supply is the thought of w here most of the crude oil is dictated around the world. These locations usually are in countries where there is grand turmoil, mostly over what other country will require the oils. There have been many world events that have occurred in countries where turmoil and hardships are the normal way of life and in return, this impacts how crude oil is supplied to other countries that depend on gasoline for their ways of life.

Another factor that must be addressed here is pertaining to the thought of the increasing price of gasoline and its relation to the withstand. more or less crude oil refineries are located where major weather events occur and lead to problems with refining the crude oil into gasoline. on with that, the matter of refineries not being able to keep up with the demand for gasoline creates some problems with refineries. Not having enough capacitor for the gasoline amounts that are needed for daily consumption brings virtually another problem.

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