Question 1: How are the "revolutions" in the Middle East impacting the price of oil? Share your thoughts about what may have caused the "revolutions" that are now occurring in the Middle East and Africa?
Question 2: Explain the concept of supply and demand in terms of oil. Why does this affect gasoline prices and what is happening to them?
Question 3: What are the limitations (IE: refining, shipping, extractions, etc.,) to producing oil and how do these factors relate to the limitations created by the laws of supply & demand?
Remember to think in terms of usage, alternatives and supply vs. demand.