What happened in the gasoline market in 2012? Read article #1 and use a supply and demand model to explain the economic theory behind statements made in the popular press about what happened in 2012 and what was predicted to happen in 2013. Be sure to thoroughly explain how the claims mentioned in the article translate to the graphs. You may need to draw a separate supply and demand model for each claim (you must explore at least three claims with two about 2012 and one about 2013). Express your thoughts in complete sentences and be sure to state and define at least two economic concepts that are relevant to your answer.