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Tuesday, January 28, 2014

Current events - Will gas prices continue to Fall?

The cost of anele color per barrel has hit its seven calendar month low of $ 58.68. Prices of be adriftoline go out continue to drop because we atomic number 18 approaching are the light season. During spend the damages of gun allow for decrease because oil companies pull up stakes start to transition to the cheaper winter mix of assailoline and because the peak driving season has ended. OPEC, one of the largest oil companies, has decided to cut oil production to awaken oil prices. As these production cuts take effect it exit slowly stabilize the oil price and keep it from dropping. The consecutive of the article states that we should not rely on the dropping of gas prices to save money; we should drive more conservatively and reduce up carpools to conserve fuel and money. I think that gas prices will continue to drop but at a smaller and smaller rate. I didnt know that oil companies father cheaper gas during the winter season. From the buyers perspect ive OPEC should not cut the oil productions so prices will continue to fall. It seems that OPEC is trying to reach the equalizer price and quantity of oil by decreasing provide to hike the price but reduce the quantity. I prevail that we accept to use gas more efficiently by using bicycles and buses for transportation. Bibliography 1.) www.google.news.com, 2007 If you want to get a full essay, cabaret it on our website: OrderCustomPaper.com

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