Hi everybody!
Filling up your vehicle at the gas station today is a real pain in the gas. And you might be wondering why are gas prices so high. Perhaps you remember the internet bubble boom and bust. Or maybe your head is still reeling from the housing bubble burst. With oil prices doubling in only a year, you might be asking "bubble bubble, or is oil in trouble?"
Retail gas prices surged to almost $4 a gallon, and in some parts of the country, they are surging close to $5. Gas prices keep setting new records every day.
Are gas prices going to go up? Considering all the factors involved in the gas pricing equation, the answer is probably yes. But how much higher and for how long is a different question entirely.
How much more pain in the wallet can consumers take? How much more gas pain can our economy withstand? We've already seen it hurt many industries which rely heavily on oil. Airlines are going bankrupt, cutting jobs and tacking on new fees for baggage. Car manufacturers have announced they are drastically reducing vehicle production, laying off workers, and cutting back overall. Trucking companies are closing shop and selling their trucks to china. And of course consumers are cutting back too. Everything has become more expensive for them even though their wages remain flat. So they are taking fewer family trips, spending less and driving less.
Currently demand for oil is dropping a little. But to seriously impact the price of gas, demand must drop sharply, in order to discourage the artificially inflated value of 'paper oil'. Right now, it appears that oil speculators (investors) are behind 60% of the reason gas prices are going to go up and up. The only way to discourage them from pushing gas prices even higher is show them there is a decrease in demand, resulting in an over supply. They will pull out, and prices will finally drop.
How can we, as consumers accomplish this? Well, thousands of people around the world are already doing something about the problem. They are now running water for gas in their vehicles. The conversion process is simple and very cheap. The result is more power in your engine, double or triple mileage, perfectly clean emissions and drastically less money spent at the gas pump.
Get in on the lowest gas prices now!
Stop wasting money on gas today!
For more information, please click:
http://tinyurl.com/53ng9cmarcelino
