Write For Us

Why Are Gas Prices So High?

E-Commerce Solutions SEO Solutions Marketing Solutions
132 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

AVA
Published
The common explanation for rising gas prices makes an exciting news story: Villainous oil companies are taking advantage of helpless consumers. Prof. Art Carden explains that this popular story is inaccurate. Gas prices go up and down based on the laws of supply and demand. Political problems, such as barriers to the development of new sources and new energy sources, also contribute to rising prices. Gas prices would be lower if we didn't have such barriers. Prices would also be lower if demand were not artificially increased through war and other wasteful expenditures.Learn More! Check out the links below!Gas Prices and Greed [article]: http://www.fee.org/the_freeman/detail/gas-prices-and-greed/#axzz2LN9pAi5WGouge On: A Defense of Gas Profiteering [article]: http://old.nationalreview.com/comment/taylor200509022359.aspFollow us on Twitter! @LearnLiberty: http://bit.ly/XTVZvkLike us on Facebook! 
http://on.fb.me/XWxLxz
Category
Education
Be the first to comment