Image:Simple supply and demand.png
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In reference to the gas dilemma, I have a few things to say. Since China and India have increased their desire and usage of gasoline, this has affected the world all around by increasing demand. This has caused a shift in the change of demand by adding more "buyers" to the market of gasoline. Since the supply of gasoline is relatively the same, the price for gasoline has risen over time. Some have looked to substitutes to avoid the high cost of gasoline. These substitues include electric, nuclear, and other fuels like soydiesel. Thus, the change in demand has shifted for gasoline in the world, affected gas prices.
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Date/Time | Dimensions | User | Comment | |
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current | 17:34, 31 May 2008 | 690×594 (11 KB) | Solarcaine (Talk | contribs) | |
17:19, 15 December 2004 | 690×594 (28 KB) | Pmcm (Talk | contribs) | (Cleanup/larger version of existing image) | |
11:49, 20 July 2002 | 328×281 (3 KB) | (Automated conversion) (Talk) |
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