Since the beginning of the year, the average national price for a gallon of unleaded regular gas has jumped nearly ... bringing supply and demand into better balance, de Haan said.

Supply constricts while demand grows as the price drops. Levels of supply and demand for varying prices can be plotted on a graph as curves ... of Supply and Demand? Gasoline consumption plunged ...

If the supply curve shifts upward, meaning supply decreases but demand holds steady, the equilibrium price increases but the quantity falls. For example, if gasoline supplies fall, pump prices are ...

According to AAA, Washington state's average gas price is $4.98 for a gallon of unleaded fuel ... said the rising gas prices are a supply and demand issue right now. Montgomery pointed to four ...

The law of demand is one of the most fundamental concepts in economics. Alongside the law of supply, it explains how ... A market demand curve expresses the sum of quantity demanded at each ...