Problem: We are all familiar with fluctuating prices of gasoline at the pump. Why does this happen? Research the recent history of gasoline pricing in your area, and attempt to relate any fluctuations you observe to documented supply and demand factors, as outlined in our book. Be sure to cite any references used.
1. Why do the gasoline prices fluctuate?
2. What is the history of gasoline pricing in the Columbus, Ohio area?
3. How do the fluctuations in pricing relate to documented supply and demand factors?