Why Are Gasoline Prices Going Up So High?

Part I of Essay
? If everyone else in the world is paying a lot more for gas, why shouldn't Americans? Take your average spoiled American who blames the Arabs for raising the gas prices unfairly in order to make a bigger profit. It's true, gas prices have gone up by a lot in the last fe ....

Part II of Essay
.... did in the past. According to Royko, "even today's luxury cars give you better gas mileage than the cheapest Chevies, Fords and Plymouths did not that long ago." What does this mean? This means that gas prices should logically go up. It's the basic law of supply and demand. It's true that more Americans are driving, but the gasoline suppliers still deserve to get paid fairly. And what about inflation? Well, when you take inflation into account, the price for gasoline is less now than it was forty years ago. Just another example of ....