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The gas is dropping because the economy is so bad. People are losing money because of the bad economy so many don't want to spend a lot of money on gas. The gas companies were losing buisness because people weren't using cars. Therefore the gas companies lowered their prices to bring back customers.
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∙ 14y ago
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What was the gas price in 2007?
The average price for gas in 2007 was $2.79 per gallon. This was the first time gas prices went up so much so quickly.
What was the average price of a gallon of gas in Ontario Canada in 1995?
i drive a hybryd so i don't now about the price of gas
Do people still buy fancy gas guzzlers with gas prices so high?
Yes, they do but sales of those vehicles has dropped dramatically in the last two years.
Is the iPhone going to become less expensive?
iPhone has dropped from a $499 price tag to an affordable $199, so it has dropped dramatically.
What is the gas price average in the US?
The average gas price in the United States is 3.611 USD currently. however, gas prices tend to vary greatly from day to day, so this is not an average that encompasses more than just today. Tomorrow the gas price average will be different.
Why are dropping prices in deflationary environment bad for the economy?
Quickly dropping prices may be a sing of cut-throat price competition between businesses. Such competition will drive many entities out of business and create higher unemployment. Newly unemployed people will spend less, crating even greater price competition. And so on.
How much is regular gas in Texas?
Texas regular gas is around the price of 2.99 or a littlw but least or around the price of 3.oo it all deepeds where you are.... TIP= Every place in the U.S. of the price of gas is around 2.99 to 3.00 so there is the estmite for every place in the U.S..
How expensive is Scottish gas?
Scottish Gas is the trade name of British Gas in Scottland. The market is so in flux that no generic price can be named - it will be out of date in a week.
What is the solution to the rising gas prices?
Don't buy anyReallyAs we use less gas the price will fall, so if most vehicles become electric or hydrogen powered the price of Gasoline will fall.
How has the cost of cars change?
The cost of cars has gone up DRAMATICALLY as it did with everything else in the U.S. This happened because the government owes everyone so much money we thought we could just keep printing and printing the money we needed and therefore caused the price of gas milk cars, computers, and cars. Anything you can think of has gone up because of the government printing so much money. Because there's SO much money and it just comes out of nowhere everything goes up in price because people want more money and they know they can afford it because there's just so much money and the price of the dollar has devaluated in 60 years. Anyway, like I said before, the cost of cars has gone UP dramatically. Hope This Helped
Why are gas price so low these days?
Gas prices have seen record lows these last few months. This is because the price and demand for crude oil has significantly dropped. According to sources, current gas prices reflect the prices back in 1995.
How much is Arjen Robben Worth?
robbens price has dramatically changed since his fantastic spur of form for bayern munich so his price is around 45 million and 60 million but may differ if he signs new contract it may get even higher
