Of course, the price of things rise when gas goes up- produce that is carried on trucks goes up, milk, bread, etc.
All prices go up, employees get paid the same so they can buy less. Prices rise, people get paid the same, they can afford less.
Only thing that seems to remain stable are entertainment prices, seems like everyone can afford to have a good time.
Well as gas prices are no longer rising but actually rapidly dropping it has made me extremly wary of the state of the economy. What most people do not realize is when gas prices are high, the economy is doing very well. As gas prices are dropping... it is simply reflecting the tragic state our economy is actually in. It makes me want to travel less, buy less and consume less. BUT THATS JUST ME!
the economy
it has affected atlanta by gas being to high
He feels that they should keep the prices for helping our economy out in money
Usually the opposite is true. In general the higher the price of the energy (electricity, natural gas, fossil fuels, solar, etc.) the more it costs to raise, transport, create and use the products and services that our economy depends on.
Maybe $20 to $30 if gas prices keep increasing. Maybe $2 or less if the economy gets back to normal.
Gas Prices/War Profits
i would have to say because of gas prices and the economy...
less disposable income (or in my case, NONE)
In 2014, gas prices experienced a significant decline, primarily due to a surplus in global oil supply and increased production from the U.S. shale oil boom. Prices fell from over $3.50 per gallon at the beginning of the year to around $2.00 by December. This sharp decrease was also influenced by OPEC's decision not to cut production levels, leading to a further drop in oil prices. The decline in gas prices had a notable impact on consumer spending and the overall economy.
All of the economy could just be etter & gas prices go down.
In June 1982, the average price of gasoline in the United States was around $1.25 per gallon. This period was characterized by high inflation and economic challenges, which affected fuel prices. Adjusted for inflation, that price would be significantly lower in today's dollars. Gas prices varied by region, but overall, they were relatively stable compared to the volatility seen in later decades.