Why Are Gas Prices So High?

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.

Comments

  1. Don't expect the liberals to understand the concept of supply and demand. They only understand "ME, ME, ME".

  2. Edward Shick says:

    Why NO Keystone Pipeline??? why lie every week as they raise and lower gas prices ??They always have a reason ,,pure BS ,, I worked in a gas station growing up and Think gas was the same for 5 years ,, Get the EPA gone and next out of the UN, then put them in another country ,,

  3. John Stewart says:

    Aren't catalytic converters wonderful? Once upon a time there was an idea that did not require converters, but there was not enough kick back in that.
    Maybe if they didn't have to reformulate 27 times a year, refineries could keep up. Speaking of which why aren't they allowed to build new refineries?

  4. Don't overlook the DELIBERATE policy of blocking the construction of refineries in the price factors. All the crude in the world is useless without refineries to process it.

  5. IamaproudAmerican says:

    Taxes play a big part in gas prices. In California we pay about $.70 per gallon in taxes, then there is the federal tax. Because California didn't collect enough money last year, they want to increase the tax we already pay. People will drive less and California will not collect enough tax and raise it again I'm sure. Politicians just never learn. Higher prices mean less driving.

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  7. May I simply say what a relief to find someone who genuinely knows what they are
    talking about online. You actually understand how to bring a problem to light and make it important.

    More and more people have to read this and
    understand this side of your story. I was surprised
    that you aren’t more popular given that you surely have the gift.

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