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Essay heading: Gas And Oil Inflation And What Gov'T Can Do
 
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Issue: Business
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Date added: September 5, 2001
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No of pages / words: 4 / 1021
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Like in the 1970’s, there were problems, but now seems like it’s happening once again. Crude oil hit an all-time high of $50 a barrel last week (10/3/04) and many expect crude, heating oil, gasoline and natural gas to go higher before they go significantly lower. Then since our economy is becoming larger and the only way to move supplies/food is to use gas/oil, the oil prices are going to increase...
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Then since our economy is becoming larger and the only way to move supplies/food is to use gas/oil, the oil prices are going to increase. As we look to the prices now, they’re more than $120 a barrel (Insama). But if we look in the future of using these products (Gas/Oil), we might run out of them and we will have to find a different way to use transportation for the world, as a whole...
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