oil company GREED
The price of natural gas is currently $4.16. The price has been rising steadily for the last few months. One can monitor it's price on the US Energy Information Administration website.
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.
The rising gas prices will affect teenages just as the rising gas prices affect everyone.
Rising gas prices don't help us at all. We end up having to pay more and paying more for a product is never a good thing. From an economic perspective, one benefit of rising gas prices is that the law of demand takes place. This states that as the price of a commodity goes up, the quantity demanded decreases and vice versa, assuming ceteris paribus. The one advantage, therefore, of rising gas prices is that there will not be as much demand and the risk of a shortage is lessened.
Yes, the price of gold per ounce has been continually rising. Price is getting more and more rare. Therefore, its value will just keep on rising and rising.
rising profit, because in case of scarcity, the price signal induces producers to increase their capacity because rising price means rising profitability. :)
Natural gas used to be much cheaper, but with rising oil prices its about on par with electric now. The price for gas will most likely continue to rise though. So, electricity is cheaper.
What triggers the rising prices of gas and fuel, your thoughts
The average price of gas per gallon in 2007 was 3.07. 2007 saw gas prices rising and hitting record highs.
where the temperature is dropping or increasing! Edit: Convection is the rising and falling of heated gas.
When the gas is confined.
There is no logical answer to this question. Gas at my local Arco was $1.55 when oil was $45 a barrel. Now oil is $36.00 a barrel and gas has risen to $1.99. This is a clear case of price fixing and manipulation. The oil companies are hoping we are so happy with sub $4.00 gas that we wont notice the sneaky ratching up the the price when it should be falling. Based on my calculations gas should now be $1.24 a gallon or 34.45% of the price of a barrel of oil.