Hurricane!

Events like Hurricane Dennis demonstrate how inadequate supply can cause a spike in gas prices.

A little over a year ago I was in Florida when Hurricane Dennis hit, we were evacuated and upon out return there was a gas shortage. The only time there was any available was when the trucks brought it in, anytime after that, gone. Even with this prices barely reached the 3 dollar mark. It didn’t take long for prices to steadily go back down to near normal.

The quickest way to drive down gasoline prices? Reduce demand.