rising gas prices

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Written by:

Pamela K


Date added:

September 30, 2015








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3 / 708


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By 2006 the Avrege income had risen to $44,400. Income grow at about 5% a year over the twenty year time period. During the same time the avrege cost of gas has gone from $1.08 in 1988 to $0.91 in 1999 to $3.17 in 2006. From dec. of 2001-2006 the largest jump occured. Prices jumped from $1.13 to its high at $3...
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From 2000-2006 gas incresed in price over 300%. Many factors go into the incress in gas prices over time. The main one is supply and demand. Since 1988 the number of cars on the road has incressed by 3 times the rate of population growth over that time. With China leading the way. China’s increesing demand for gas is the number one facter in over all increeses in world gas prices...
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