[arderkrag]

Why does it seem like gas is the only product that producers and consumers think normal supply-and-demand laws don’t apply? Prices rise where there is high demand. Prices fall when there is low demand. It’s simple.

[Lazamataz]

Why does it seem like gas is the only product that producers and consumers think normal supply-and-demand laws don’t apply? Prices rise where there is high demand. Prices fall when there is low demand. It’s simple.

Actually, the article makes the point that, because the American economy will be in tatters (shown by a poor job showing), gasoline prices will rise.

Less demand? Higher prices.

It's the new way.

[purpleraine]

I don't see how supply and demand can be used to describe the oil market and resultant price at the pump.

The government controls and limits the exploration, drilling and refining of the product. Source countries control the production, shipping and fix prices. Oil companies make record profits after rumor, natural disasters, and during war.

I don't see anything normal about the oil market.