Title: The Financial Philosopher: Why Are Gas Prices Going Up in 2021? An Economic Explanation (and Philosophical Remedy)
Headings: 
Why Are Gas Prices Going Up in 2021? An Economic Explanation (and Philosophical Remedy)
What Causes U.S. Gas Prices to Go Up?
Why Gas Prices Are Going Up in 2021
Bottom Line: Don't Worry; Be Happy

Content: Before we address what's causing U.S. prices to go up in 2021, let's cover the timeless basics. Put simply, gasoline is a refined product that uses oil as its base commodity. Thus, the fundamental reason for a higher price for gas at the pump is a higher price for oil. What causes the price of oil to go up? There are several factors that impact the price of oil, most of which are related to the economic law of supply and demand . Here are the primary factors that impact the price of oil and how each factor works: Supply of Oil: The price of gas generally moves in the opposite direction of the supply of oil, assuming the demand for oil remains constant. Thus, a higher oil supply translates to lower prices at the gas pump and a lower supply means higher gas prices. Demand for Oil: