Tuesday, March 2, 2010
pump pain
Yesterday is was on the news. People, gas is going up. Expect this trend to continue due to peak oil causing a rise in petroleum prices. Future price of oil is much higher than now. Out there we see a lot of pump pain. Laborers that are out of work are forced to pay more. This is one of my major predictions as in rising energy prices. As gasoline prices move up, people have less money. That means sales of other goods go down and states have less tax revenue.
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