Why do gas prices go up?
Why do gas prices go up and up? Gas prices around the world are affected by supply, demand, the strength of the dollar, political factors and oil speculation. Historically, whenever the price of gas dropped, it always somehow manages to surge up to new record levels. Gas prices around the world are all hitting record highs. Believe it or not, the United States actually has lower gas prices than many other countries. Drivers in some European cities are paying as much as three to four times more than those in the United States. In the United states, driving is cheaper than in other countries. Despite the rise in fuel costs in the US in 2008, gas still costs less here than many other places. But if you want to talk cheap, talk about Venezuela where you can fill up for as little as 17 cents a gallon. And between rising gas prices, increasing costs for groceries and other necessities, people are tightening their budgets everywhere they can. People everywhere are consuming less. And what the
