Political Geography


Who else controls the price of gas besides oil producers?

There are many factors that influence the price of gas. Among them are the rising demand for fuel from developed countries such as the United States; new and growing demand from China and India; market speculation; and public policy. The refining industry, which is under government regulation, is also consolidated into the hands of a very few global refiners. This has the potential for removing competitive pricing.


This is a web preview of the "The Handy Geography Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App