Thursday, June 28, 2012
Gas Prices Are Down, But Demand? Turns Out That's Down Too
Gas Prices Are Down, But Demand? Turns Out That's Down Too: Conventional wisdom says that when gas prices rise, demand falls--and vice versa. As with all things having to do with global oil prices and the per-gallon gas price that shows up at your local station, it's often not clear which is cause and which is effect.