Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Septua

(2,888 posts)

5. I can remember paying more...

Reply to msongs (Original post)

Sat Nov 6, 2021, 06:26 PM

Nov 2021

..than today's price. But it's like another poster said, the demand dropped during the pandemic and prices followed demand. It's ain't "democrat socialism" that has the prices up...simple supply-demand economics at work. Biden said it in a speech yesterday...the entire planet suffered some degree of pandemic shutdown and supplies weren't being produced.

When demand exceeds supply, prices go up...

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

5 replies

= new reply since forum marked as read

Highlight:

gas prices got you down? they are pretty normal here in Hawaii...so far [View all] msongs Nov 2021 OP

I've lived though some Chille Nov 2021 #1

I drive an electric car so I could care less, Beachnutt Nov 2021 #2

In Texas? SergeStorms Nov 2021 #4

For all the complaining.... SergeStorms Nov 2021 #3

I can remember paying more... Septua Nov 2021 #5