Is there any truth about gas prices in this letter to the editor?
Q. Wednesday, 19 March 2008 It's up to us to cut gas prices Print E-mail Dave Op't Hof The price of gasoline has hit a new high, as I'm sure you are well aware. We all lament the high cost of fuel and the repercussions it has in our economy. High fuel prices drive up the cost of everything from groceries to cars, because everything we buy is shipped in vehicles that burn some form of oil, be it gasoline or diesel. As our economy slides towards recession, the last thing we need is for prices to go up. This will result in what economists call "stagflation", a situation in which prices are going up while jobs and wages are being lost. The rising cost of fuel is primarily a matter of supply and demand. With the economies of Asia growing… [cont.]
Asked by new name - Tue Apr 1 15:51:52 2008 - - 1 Answers - 0 Comments

A. I would think there is a lot of truth in the letter, and opinions expressed by the writer.
Answered by bgee2001ca - Wed Apr 2 13:40:43 2008