Gas prices are very outrageous at this point, it is at the point where people do not want to drive because it is getting so expensive. In most foreign countries oil prices are expected to rise more than 3 percent during 2008-2013, and that is crazy because its not worth driving soon most people are going to depend on public transportation. The thing with public transportation is that it takes a while for you to get to your destination, and with a car you can easily drive there. Since the oil prices are at nearly 5.oo dollars a gallon it should stop now because soon most people wont be able to afford it because it is still expected to rise over the course of 4 years. I read that most car dealerships are trying to sell there cars at lower cost because they cant afford a car and gas so hey have to lower at least the cars to get them out the lot.
http://www.nytimes.com/2008/07/02/business/02oil.html?scp=1&sq=Oil+Demand+Will+Grow%2C+Despite+Prices%2C+Report+Says+&st=nyt
Wednesday, July 2, 2008
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