Why have oil prices been rising in the US?



  1. 0 Votes

    The oil prices have been rising in the United States for several reasons. The primary factor in rising prices has to do with supply and demand- the demand for oil has been steadily increasing, but the supply has not. Therefore, high demand causes the price to rise.

    Current events also play a part in rising oil prices. The political turmoil in Libya has disrupted oil production there; fears that more political upheaval will spread to other countries is also causing prices to rise.

  2. 0 Votes

    see also from 6 days ago:

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