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A hurricane destroyed the oil rigs that were used to make gas. Gas prices increased. What kind of supply and demand relationship occurred?

A hurricane destroyed the oil rigs that were used to make gas. Gas prices increased. What kind of supply and demand relationship occurred?
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4 votes
A hurricane destroyed the oil rigs that were used to make gas. Gas prices increased. What kind of supply and demand relationship occurred?

asked
User Eugene Loy
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8.2k points

2 Answers

5 votes
Gas prices increased due to lower supply and steady or increased demand
answered
User Chris Becke
by
8.4k points
3 votes

Answer:

High demand, supply stay the same= high prices

Step-by-step explanation:

answered
User Jackson Cunningham
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8.3k points
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