What's Up With Recent Gas Prices ?
Will gas prices ever go down? That is the question that is on the mind of just about every car owner but also many business owners too. It might come down a bit but the chances of it returning to the levels of around a year ago are unlikely. Everyone is feeling the pinch, especially individuals who rely on their cars to commute to work but can't justify spending large amounts on gasoline bills.
One reason for a possible decrease may be that the demand lessens. People will travel less or car pool more effectively. Cars may become more efficient with new fuels appearing on the horizon. Thus supply and demand factors will consequently keep prices stable, even if on the high side.
However, one reason that gas prices will remain high is that oil refineries will continue to spend millions of dollars finding new ways to refine gasoline so that it burns more cleanly. This is so that it can comply with the stricter emissions standards required. They also have to train personnel and to conduct research and development for future advances.
So will the government act to regulate the gas price? In some countries they have tried this but it has proved difficult to implement given the varied political agendas at stake and the vast amount of taxes that are applied to gasoline use. So while the prices of everything in the United States skyrockets due to the cost of fuel it is up to the people to make the difference if they want gas prices to go down.
People will travel less and spend less, hurting our economy even more, and as the cost of food rises, the quality of food people purchase will decrease which will probably result in higher health care and insurance costs. People will also need to start planning their activities better, for example planning all errands on a single day to reduce traveling and fuel consumption.
People need to make sure that their voices are heard and registered with their elected officials at all levels, since they, as taxpayers, are responsible for the officials' salaries. Write, call, and email them whenever you can. Despite big oil companies have a strong lobby with governments, elected officials still have to listen to the voices of their constituents, and that should lead to moves that reduce gas prices.
So will gas prices ever go down to more comfortable levels? Who knows, there are many factors that seem to influence the price, that it seems unlikely that they will all change to bring the price down. However, with your opinion added to the growing numbers of people who want change, our country's leaders may pay attention and take action to put a halt to the out-of-control, upward spiral of gas prices. - 21396
One reason for a possible decrease may be that the demand lessens. People will travel less or car pool more effectively. Cars may become more efficient with new fuels appearing on the horizon. Thus supply and demand factors will consequently keep prices stable, even if on the high side.
However, one reason that gas prices will remain high is that oil refineries will continue to spend millions of dollars finding new ways to refine gasoline so that it burns more cleanly. This is so that it can comply with the stricter emissions standards required. They also have to train personnel and to conduct research and development for future advances.
So will the government act to regulate the gas price? In some countries they have tried this but it has proved difficult to implement given the varied political agendas at stake and the vast amount of taxes that are applied to gasoline use. So while the prices of everything in the United States skyrockets due to the cost of fuel it is up to the people to make the difference if they want gas prices to go down.
People will travel less and spend less, hurting our economy even more, and as the cost of food rises, the quality of food people purchase will decrease which will probably result in higher health care and insurance costs. People will also need to start planning their activities better, for example planning all errands on a single day to reduce traveling and fuel consumption.
People need to make sure that their voices are heard and registered with their elected officials at all levels, since they, as taxpayers, are responsible for the officials' salaries. Write, call, and email them whenever you can. Despite big oil companies have a strong lobby with governments, elected officials still have to listen to the voices of their constituents, and that should lead to moves that reduce gas prices.
So will gas prices ever go down to more comfortable levels? Who knows, there are many factors that seem to influence the price, that it seems unlikely that they will all change to bring the price down. However, with your opinion added to the growing numbers of people who want change, our country's leaders may pay attention and take action to put a halt to the out-of-control, upward spiral of gas prices. - 21396
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posted by X - Men @ 3:36 AM
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