Originally Posted By: MaryCas
Originally Posted By: olivant
As was posted time after time way back in the summer when we were going mad over gas prices, it's supply v. demand.


Sorry Oli, I can't buy that. The economy is so F'd up. How can you say that in the summer when gas was $4.00 a gallon that it was a supply problem and now $2.50 later, it's not a supply problem. Please explain. Back in the 70's there was a supply problem, but the price never fluctuated this much.


Quickly, you are forgetting the demand side of the equation.


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