Reasons for the price increases and fluctuations


Problem:

Fluctuating and increasing gasoline prices. What is your analysis on this topic and relate it to the United States economy. What are the three or four segments of our economy that are affected by fluctuating prices for gasoline. A "segment" of the economy is a particular industry or business that is national in their operation. Local or regional industries or business are not considered "segments" for the purposes of this problem!

Discuss supply and demand, major reason(s) for the price increases and fluctuations, and international factors, if applicable. You should use at least four references. Be sure to cite your references. The causes should be what is addressed. Not the effects.

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Microeconomics: Reasons for the price increases and fluctuations
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