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Message: <blockquote data-quote="jmanpc" data-source="post: 2902910" data-attributes="member: 565915">No. Basically what's happening is that OPEC is twisting our nuts because they can. Why? Because we need our cars and won't quit buying gas. If you're gonna get all economical and shit, think of the term "Inelasticity of Demand." That means that when prices go up, demand stays the same because it's an item that's needed. Since OPEC controls a shitload of oil, we can't not buy from them, so since they recognize this, they limit the supply to jack up prices. Factor in Venezuela being dickwads and liberal tree huggers not wanting to drill in Alaska.... and bam! High prices.</blockquote>

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