The price of gas is just as 'fair' as the price of milk, bread, Televisions, Computers, software, etc. The reason why we've seen the volitiliy that we do is because there is a supply crunch on the production side of things as well as the refining side of things and the full-cycle time from investment of capital to payback can be measured in decades. The price has really ramped up the past few years and companies have been investing in new feilds, and refinery expansions for at least 5 years now. You'll start to see the other side on things in due time. Everyone's been used to paying prices in the 90s that refiners consistantly lost money selling at. Grin and bear it, buy more fuel efficient cars and trade in your SUV's, buy oil stocks to marginally offset increases in price. Compare our fuel usage per person now and in the 1980s, it's up dramatically and hence the price has increased to reflect that dramatic increase in demand.
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