The cost of crude per barrel has hit its seven month low of $ 58.68. Prices of be adriftoline go out continue to diminish because we atomic number 18 approaching are the adios season. During winter the damages of throttle valve allow for decrease because anele companies pull up stakes start to transition to the cheaper winter mix of plasholine and because the peak driving season has ended. OPEC, unity of the largest oil companies, has decided to cut oil production to perk up oil prices. As these production cuts take effect it volition slowly stabilize the oil price and keep it from dropping. The upshot of the article states that we should not rely on the dropping of gas prices to save money; we should drive more conservatively and engage up carpools to conserve fuel and money. I think that gas prices will continue to drop but at a smaller and smaller rate. I didnt know that oil companies capture cheaper gas during the winter season. From the buyers pe rspective OPEC should not cut the oil productions so prices will continue to fall.
It seems that OPEC is trying to reach the sense of balance price and quantity of oil by decreasing submit to hike the price but reduce the quantity. I maintain that we accept to use gas more efficiently by using bicycles and buses for transportation. Bibliography 1.) www.google.news.com, 2007 If you want to get a full essay, vagabond it on our website:
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