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... is what determines gasoline prices in a free market economy.
Every year in the spring, when the nice weather comes along, there is an increase in the demand for gasoline. Gasoline prices go up in the spring every year.
Recent actions by OPEC have caused a reduction in gasoline supplies. This also makes prices go up.
Recent fires at some oil refineries in California have also caused a drop in the supply of oil. This causes prices to go up.
During the 1970s, the United States experienced a so-called "energy crises." There was, supposedly, a "shortage" of gasoline. People had to wait in line, sometimes for hours, to buy gasoline. According to the media, these problems were caused by the OPEC oil embargo. But the media were wrong. In reality, the OPEC oil embargo, by itself, would have simply caused a rise in the price of gasoline. The true cause of the "energy crises" was that the United States government set price controls on gasoline. If it were not for these price controls, then the "energy crises" never would have happened.
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