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Originally Posted by Displaced Flames fan
Just another in a long line of events/conditions which will have absolutely zero effect in short term gasoline supplies but will surely see the price of gasoline skyrocket.
Funny how gasoline prices simply ignore the laws of economics.
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Or here's another look at it. A pipeline breaks down, and everybody is talking saying "fill up your car before prices go up." So people do fill up sooner than normal, and all of a sudden there's a strain on demand because people are trying to get the jump on prices. How can the oil companies get a hold on demand? Raise the prices so people stop filling up.
I'm no economic major, but doesn't that make some sense?