I'm not an economist, and I don't play one on TV, but I have a few observations to make:
Supply and demand drives price. There can be no argument on that. What I submit, is that as long as the demand is there...ANY demand...the price of gas will rise as high as people are willing to pay without screaming for a governmental solution.
Every summer, gas prices go up. The oil companies claim it's becasue of increased demand. I dont' buy the logic. It would seem to me that demand has reached a critical stage when people are getting ready to line up for gasoline that cannot be found. Now, THAT'S demand! Sure, people drive more during the summer, and that will increase the VOLUME at which they sell fuel, but as long as there is enough to go around, DEMAND has not increased.
I've come to the conclusion that it's the oil companies taking advantage (note that I did not say "unfair advantage") of an opportunity to increase prices for a plausible reason. We have become to used to it that we don't complain much any more. If enough people bitch loud enough, the prices will go down. This, of course, does not account for the "salon gas" that some regions mandate.
Am I missing something here? Sleep? Brain cells? Tin foil hat?