This article has to do with economics because it discusses how the gas prices have fallen 7.4% from November, and 3% this following month. The fall of prices is benefiting consumers. In New Jersey and New York prices have risen because of the gas shortages from hurricane Sandy. This expresses how supply and demand play a role in price rates as well.

I chose this article because it shows how when unplanned events happen such as hurricane Sandy people are faced with economic disadvantages. The people in New York and New Jersey are lined up for miles because of the shortage of gas because of the destruction in the area. The shortage in gas has actually led to a decrease in gas prices throughout the nation. Because of this disaster it has affected many people and other variables. This article relates to economics because it shows how the economy can change easily, and can take a long period of time to recover.