Yeesh, all you friggin whiners out there complaining about gas prices.
First off, half of the price increase you're seeing is a result of the USD tanking so badly over the last 2 years. You can't lose 25% of a currency's value and expect all your prices to stay static, eventually they're going to have to raise because your paper has become worth less (not worthless). The other half of the price increase is due to a combination of factors, primarily worry about unrest in the middle east and south america, and an alleged inability from traditionally hardcore producers to keep up with global output demands.
Secondly, Gas is by no means the most expensive its ever been by a long shot. Check out the price of gas in inflation-adjusted dollars:
So it's not a 'sky is falling' scenario... but if you're really REALLY concerned about it, all you have to do is end all the wars, increase the value of the greenback and find more easily extracted oil reserves. Simple huh?
