Gas prices, oil prices: Why are they important?


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Do your parents complain about high gasoline prices?  Have you noticed that prices displayed at gas stations change almost daily?  How is gasoline related to petroleum?  Understanding the dynamic forces impacting this industry will help remove the mystery around rapidly changing gas prices.  How economically important is oil and what is the future outlook for this natural resource, given the known environmental risks?
Read on to learn the business side of this story from a kid's perspective.
 

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