September 13, 2008

The price of gas - economics

As if it needs explaining -- Rich at Shots Across The Bow explains the economics behind gasoline prices:
Gas Prices: The Real Story
It's amazing what you can learn if you just ask a question or two instead of assuming you already know the answer.

Why are gas prices spiking today?

Gouging, right? It's the evil big oil companies ripping us off again!

Actually, no, it isn't.
Visit his site for the full story. It is simple and obvious but it is amazing that so many people just do not get it... Posted by DaveH at September 13, 2008 1:24 PM
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