Bittersweet
Okay, so I don’t want to curse us, but yes, the oil prices are finally falling.
Why?
I think its partly due to falling demand. If demand falls, so does the price. The costs kept getting higher and higher which lead people to alternative measures of getting around, or changing habits. No one wanted to pay $4.50 a gallon, so we slowed down our consumption.
Now I might have been lit up with glee when I found the $3.99 gas not too long ago, but I’m not going to get comfortable. Just because the prices are dropping, doesn’t mean I’m going to go back to my careful gas-guzzling ways. And its important for everyone else to do the same.
Keep your gas-saving ways going. Be oil cautious. Keep the demand low, keep this in our favor. If we slip again we could easily $5.00 gas.
So take this whole ‘oil crisis’ as a warning. This is nothing new, there have been other gas crises in the past, lets not have another.
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