Gasoline prices, inflation and global warming-some thoughts
Original post made by Concerned in Palo Alto on Jul 7, 2007
If not shouldn't they be? In the '70s gasoline shortages led to rising food prices and inflation in general. It costs more to transport merchandise, food, etc. so businesses are eventually forced to pass their higher costs on to the consumer. Why should one sector of the economy have so much power? Is greed behind higher gasoline prices? And here is another question - why don't gasoline companies get in the business of researching and selling alternative fuels, instead of trying to stop any progress in that direction. Oil reserves aren't limitless, especially if more of the world comes to depend on fossil fuels as much as we do. Wouldn't the smart thing be to see the possibility of expanding your own company's potential to diversify - how that not only would benefit you but could perhaps help to reduce the increased risk of global warming, and help the economy, too, by helping to control inflation and perhaps create jobs.
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