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Another major affect that gas prices have on our economy, the inflation of other products such as food according to the article Restaurant menu prices go up. Soaring food costs being felt locally and worldwide by Monica Chen with Herald Sun with Chapel Hill Herald. Durham, N.C.: Feb 29, 2008. pg. B.1 “You want to deliver something that is a good product at a good price but you want to pay everyone a living wage," she said. "You do not want to do it but at the same time you do not want to cut wages." "We hate to do it because we do not want people to think we are trying to make more money. The profit margin in the restaurant industry is so low that gas prices can have a big effect on us," said co-owner Chris Stinnett...
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Common topics in this essay:
- Demand For Oil
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