Increase of fuel prices.Some have complained in the past about gasoline prices being too high, and many political leaders have debated whether there should be a cap or maximum for gasoline prices during a time when prices are rising rapidly.What would be the impact of such a policy?If prices are capped, how would gasoline then be rationed?Would this be an effective policy? Are there losses in surplus?

Increase of fuel prices.Some have complained in the past about gasoline prices being too high, and many political leaders have debated whether there should be a cap or maximum for gasoline prices during a time when prices are rising rapidly.What would be the impact of such a policy?If prices are capped, how would gasoline then be rationed?Would this be an effective policy? Are there losses in surplus?