Why is that? I don't know about the rest of the world but in Europe gasoline is getting more expensive in a faster rate then what you could blame on inflation ... or the decrease of fossil fuel.
2007-10-09 21:39:50 · 3 answers · asked by lost_pearly 2 in Business & Finance ➔ Other - Business & Finance
Well, the population of China and India are getting wealthier. MAny of them can afford vehicles. In fact, there's a statistic that says 1,000,000 new cars are sold every month in India. The cars are cheap but they still run on gas. Thus, they want to buy from the same sources that the western countries are buying from. From there, it's the law of supply and Demand.
2007-10-10 04:47:50 · answer #1 · answered by sintosol2 2 · 0⤊ 0⤋
Limited Supply, High Demand
(also, look up the meaning of 'Capitalism' in wikipedia ..)
2007-10-09 21:57:59 · answer #2 · answered by Steve B 7 · 0⤊ 0⤋
The time is changing and the source getting little....
The labor and tax are getting higher
2007-10-09 22:20:55 · answer #3 · answered by sweetie29 6 · 0⤊ 0⤋