Why do Americans put up with the damn gas prices? What would happen, if we all cut down on our consumption, by just 10 or even 20%? For one thing, it would allow you to save money. But 1st and foremost, it would decrease the record setting profits, that the oil companies are making!! Remember the 70s? They claimed a shortage then, and we learned it was a big farce, so they could raise prices. It was also a way for the govt. to be able to force the automakers to start making more compact cars. It's no different than a local grocer, whose supplier raises prices on a loaf of bread, because he's the only store in town. Yet, when ppl started baking their own, he couldn't sell as much, and the supplier lost money, when he all but cancelled his orders. They had to make a new contract, to appease the store owner, and lowered the prices back down to previous levels, and ppl started buying again!! If we all applied the same principle to gas purchases, it would bring gas prices back down!!
2006-08-19
02:05:35
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8 answers
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asked by
Anonymous
in
Business & Finance
➔ Other - Business & Finance