Who's to blame for higher gas prices?
"Who's to Blame for Higher Gas Prices?"
Wrong question. Right question: "Why have gas prices gone up?"
The idea that someone or something must be "to blame" is at the root of so many misunderstandings of how economies work. It assumes intentionality where outcomes are largely emergent. To understand market processes, you need to get away from our evolved disposition to see intentionality where it isn't. Economics requires that we consider the possibility of unplanned order and systematic outcomes that no one intended. That is, as Hayek has said, the start of social science.
Note also that you'd never see "who's to blame for falling gas prices?"
Very eloquent and right! There is no one to blame is the economy dictating prices for various factors.
Also, gas isn't perpetual and there is a limited amount of oil on eart as we burn gas we are effectively making oil more scarce and as a consquences prices rise.
Thank you for posting your thoughts on the manner.