David Angelo explains rising gas prices in this epic first installment of the series.
==== response to question: link to EIA oil production by country http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=5&pid=5&aid=2
response to question: link to electricity prices (for LA area) http://research.stlouisfed.org/fred2/series/CUUSA421SEHF01