So while I was reading yahoo news, I came across this story that was unsettling to me. It's about retail gas prices, and how they are a highest in over a year. Gas prices are now up 17 days after a 0.4 cent rise overnight. This makes the price $2.695 now. The sad part about all of this is that oil and gasoline is in high supply! The supply is so plentiful that "producers are running out of places to put it and crude supplies are well above average levels." There are more details in the story. Check it out if you would like. http://finance.yahoo.com/news/Retail-gas-prices-highest-in-apf-224722237.html?x=0.
The story seemed to be biased, but it could be thought of as unbiased to me. The writer did not have too many positive things to say, but with this topic, I don't think there were too many good things to say. The only thing that seemed to be missing from this article was when exactly would the prices stop climbing. An even better question to ask and be answered would be when the prices will go down and by how much would they go down. I have a strong opinion about this because it does affect me. I don't see why prices have to go up when we have plenty of gas to supply. The prices are going up like we have such a limited amount of gas when its the complete opposite. This price rise is going to affect me a lot because I commute to school, averaging about 130 miles each day or two hours, and with the prices rising, I'm going to be pulling money out of my already flat wallet or pulling money out of my parent's wallet about every three days! I hope they change their whole attitude and lower the prices, it would help everyone in these time!!
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment