why do gas prices keep going up?

It contradicts the most basic principles of economics. Supply is way up, demand is way down, which logically means that prices should go down as well. But they're going up. What gives?

Usually goes up in the summer. I guess the winter/summer cycle is overpowering the general economic slowdown.Luncbox1

[QUOTE="Luncbox1"]Usually goes up in the summer. I guess the winter/summer cycle is overpowering the general economic slowdown.thepwninator

It costs more in the winter but I dont get this either

Because thats life. Gas pricesalways go up and down.

Didn't they say a while ago that gas prices would only remain below $2.00 for a while before steadily shooting back up to $4.00 a gallon? :?Aquat1cF1sh

Demand is also going up because people think we're getting out of the recession.Infinite-Zr0

Which causes the prices to go up and plunge us yet again into another recession because we're spending too much on gas.

How deliciously counter-intuitive.

Well its summer, and oil prices are starting to rise again.

IT's summer, they raise the prices when people travel so they can make more money cause they are greedy. ferrari2001

Yes.