A Conspiracy To Raise Gasoline Prices?

I’m always a bit tickled by Democrats suspicion of a conspiracy of oil companies or speculators to cause higher gasoline prices.  There is a very obvious conspiracy causing higher gasoline prices and it is OPEC.  Although there is a close second, the underlying economic forces of supply and demand.  As long as there is growing demand without growing supply, we will have growing prices.  The problem does affect other commodities besides gasoline.  The prices for all raw materials is growing because there is more demand than there is supply.

Leave a Reply

Your email address will not be published. Required fields are marked *