rising gas prices

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Title: rising gas prices

Essay Details:

Subject: Business

Author: Renee W

Date: August 23, 2016

Level: University

Grade: A

Length: 3 / 708

Essay text:

By 2006 the Avrege income had risen to $44,400. Income grow at about 5% a year over the twenty year time period. During the same time the avrege cost of gas has gone from $1.08 in 1988 to $0.91 in 1999 to $3.17 in 2006. From dec. of 2001-2006 the largest jump occured. Prices jumped from $1.13 to its high at $3.17 in July of 2006. From 2000-2006 gas incresed in price over 300%. Many factors go into the incress in gas prices over time. The main one is supply and demand. Since 1988 the number of cars on the road has incressed by 3 times the rate of population growth over that time. With China leading the way...

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