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Throughout the last fifty years of oil and gasoline consumption throughout westernized nations including the United States, the elasticity of demand for these fuels has been more dictated by the pricing decisions of OPEC over pure market forces. With the turbulent pricing of gasoline on a global basis throughout the 21rst century, the traditional interrelationships between demand and pricing have become completely disengaged from each other. There is in fact no clear definition of elasticity of demand for fuels, as the effects of oil futures trading, OPEC pricing models and decisions, the inclusionary versus exclusionary strategies of OPEC with regard to their lesser capitalized members, and the continuing political turmoil of the Middle East only serve to exacerbate the problem. The response to this high level of uncertainty as at the one end of the spectrum to create highly intricate forecasting and prediction models including the Generalized Autoregressive Conditional Heteroskedascity (GARCH) Model (Zhang, Lohr, Escalante, Wetzstein, 2008) which seeks to normalize and lessen the shock on economic systems based on wide pricing fluctuations in the cost of petroleum-based fuels. The magnitude of