What is the government doing to protect consumers from high gasoline prices?
Consumer demand plays as large a role in high market prices as most other factors. While it is popular to blame the industry for high prices, international markets decide the market price. The laws of supply and demand are at work and international markets react to such demand. Each summer when the warm weather sends more people on vacation or to the beach there is increased demand for gasoline, and that demand means prices go up. Like most other products you purchase, whether it’s bottled water, or a vacation package to Florida in the winter, or perhaps a new pair of shoes, the market will price to the level at which consumers pay. In the end consumers as a society have the ability to control their demand in a variety of ways, smaller cars burn less gas, planning to get as many errands done in one trip as possible, using the air conditioning only when you have to, sharing a ride or taking a bus – these are always to reduce demand and at the same time reduce your costs. Reduced consume
