How and why gas is priced like it is.

[edo783]

Originally Posted by HPF Bob

The causes:

1) weakened U.S. dollar
2) increased demand, particularly in Asia, raising crude oil price
3) U.S. stupidity toward oil/gas drilling/refining/remixing.

Fix any one of these three problems and the price or oil would plummet.But it seems most politicians would rather demonize "big oil" than do anything to actually fix the problem.

I would also add "Rampent speculation" as a cause for the rise along with those you have submitted.