The Mystery Behind Gasoline Prices Analytical Essay by Nicky

This paper examines the phenomenon of gas price fluctuation, citing the findings of an article written by Scott Horsley in the spring of 2006. The paper explains that Horsley's article examined the economic and political circumstances behind the rising gas prices, and stated that gas prices are one of the most complex supply and demand relationships in the market. The paper notes that, according to Horsley, the biggest factors in rising costs are the costs of crude oil and the cost of refining. The paper asserts that high gasoline prices can have a devastating impact on other areas of the market, as consumers must channel more of their income into transportation; this creates an imbalance where the gasoline market outpaces other areas of the economy. The paper concludes that the government must take action to protect the nation's economy.

Outline:
Summary
Government Interaction and Gasoline Prices
Exploring Alternatives
References