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					Originally Posted by Lasereth
					
				 
				I put this in the other thread, thought it would go well in this one as well: gas is higher now than it was in the early 1980's gas crisis, even adjusted for inflation. 
 
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Yay for being part of the worst gas crisis in the history for combustion engines! 
 
-Lasereth 
			
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 I haven't heard anyone telling me that they have to choose between gas and food, or paying for gas and paying for living expenses.  I haven't seen any station run out of gas.  I haven't seen anyone stop shipping goods because the price of transporting goods on diesel-powered trucks is too high.  Where's the crisis?  We're in a period in which the highest prices for gas are being charged after inflation adjustments.  There's no crisis.  When I have to sell my car and take public transportation because I can't afford gas, then there's a crisis.  The only difference between this year and last year is that I'm cutting down on the joyriding and pointless trips that I used to make, and therefore am creating less road wear and pollution.  HIgh gas prices are doing me a favor.  I'll call it a crisis when I have to sell my Lincoln, buy a Honda, and rip out the front seat and sit in the back so I have enough leg room.  You want a real crisis, there are 80,000 people standing around on highway overpasses while raw sewage and dead bodies float under them.  That's a crisis.
edit: I'm not targeting you personally, you just happened to be the one who used the term "gas crisis."
double edit: to answer the first question, http://en.wikipedia.org/wiki/Supply_and_demand