What Next For The Gasoline Price
The big question on many people's mind is will gas prices ever go down. Some people are demonstrating against it, especially long haul truck drivers whose businesses are on the brink of collapse due to the unprecedented rising of gas prices. Certainly, gas prices might eventually decrease, but unfortunately, it is not likely that they will ever come down to a level which matches our economic expectations and financial realities.
Demand for gasoline will drop as drivers use their cars less. They may develop more economical driving practices or share journeys with workmates or neighbors. Car fuel efficiency needs to increase, and new alternative fuels need to be ready for mass production. As production of new fuels ramp up, supply and demand for gasoline will keep prices stable, albeit high.
With this said, requirements for refining gasoline to make it more clean-burning prevent gas prices from ever falling significantly, and the emission standards set by law continue to become stricter. Oil Refineries will require more capital to expand and do routine maintenance to keep up with demand. You can be sure that oil companies will first point to these reasons for rising fuel prices.
You might ask if or can the government do anything to help reduce the price of gas. Realistically this won't happen since there are both money and political considerations to take into account. And many international considerations that the government could not hope to influence. Ultimately people will have to make their own changes to deal with the rising prices of fuel, and as a result of the record high gas prices, everything else.
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.
The most important thing people can do is to work the democratic process. Make sure your voice is heard by your elected officials. Everyone can complain to their friends and family but contacting your elected official can initiate real change. After all, your tax money pays their salaries, so they should be working for you to represent your interests. The problem is that they are also listening to oil lobbyists, but hearing from their constituents in a large group can make a difference.
Will gas prices ever go down to manageable levels for most people? It seems unlikely, certainly in the near future given the outlook for the economy. A small decrease will be negligible if at all, but if you add your voice to the increasingly large group of people seeking change, it is possible that our national leaders may listen and take meaningful action to stop run-away gas prices. - 21393
Demand for gasoline will drop as drivers use their cars less. They may develop more economical driving practices or share journeys with workmates or neighbors. Car fuel efficiency needs to increase, and new alternative fuels need to be ready for mass production. As production of new fuels ramp up, supply and demand for gasoline will keep prices stable, albeit high.
With this said, requirements for refining gasoline to make it more clean-burning prevent gas prices from ever falling significantly, and the emission standards set by law continue to become stricter. Oil Refineries will require more capital to expand and do routine maintenance to keep up with demand. You can be sure that oil companies will first point to these reasons for rising fuel prices.
You might ask if or can the government do anything to help reduce the price of gas. Realistically this won't happen since there are both money and political considerations to take into account. And many international considerations that the government could not hope to influence. Ultimately people will have to make their own changes to deal with the rising prices of fuel, and as a result of the record high gas prices, everything else.
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.
The most important thing people can do is to work the democratic process. Make sure your voice is heard by your elected officials. Everyone can complain to their friends and family but contacting your elected official can initiate real change. After all, your tax money pays their salaries, so they should be working for you to represent your interests. The problem is that they are also listening to oil lobbyists, but hearing from their constituents in a large group can make a difference.
Will gas prices ever go down to manageable levels for most people? It seems unlikely, certainly in the near future given the outlook for the economy. A small decrease will be negligible if at all, but if you add your voice to the increasingly large group of people seeking change, it is possible that our national leaders may listen and take meaningful action to stop run-away gas prices. - 21393
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For unbiased consumer reports on the leading water for gas conversion kits visit http://waterforgasreports.com, including what a car running on water really means.
posted by X - Men @ 3:23 AM
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