What are the contributing factors to the rising gas prices?

Question

I know it deals with the price of oil, but that's all I know.

Answer 1

Subprime mortgage = more lending risk

more lending risk = more default on loans

more default = less available credit

less credit = less business

less business = decrease in dollar value

decrease in dollar = higher pricer in commodities

more expensive commodities = higher oil prices

higher oil prices = higher prices of all goods to consumer

higher prices = credit crunch

credit crunch = less available credit

less credit = less business

and so on and so on

until someone cries FOUL

Answer 2

♦ Increased costs of transportation/logistics/delivery

♦ Speculations

♦ Artificial reduction in supply

♦ Taxes

♦ Resellers margins

♦ Increase in demand

♦ Seek for "safe wealth storage" while there is storm on capital markets