Sunday Infograph:What’s Driving Gas Prices Today?

Wall Streetharpsandflowers / Pixabay

Sunday Infograph:What’s Driving Gas Prices Today?Brent crude is back over $100 a barell. Since 07 there seems to be a catch-22 with oil prices and economic growth. When economic growth is strong, demand of oil exceeds demand, which drives up oil prices and therefore retards economic growth. When the economy is slowing (or crashing), oil prices go down as well as demand decreases.

Has the increase in gasoline prices affected the amount you drive?

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Last week’s poll (most people didn’t seem too interested).

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