Business

Chris Cantell Discusses Business: The most extreme $3.5 a gallon for gasoline at the pump stations now
by Lenka Filipova

As the price of gasoline is steadily increasing with no sign of future improvement, the dent in drivers' pocketbooks is getting larger. They canevery day observe constant hike of the prices. It was recorded on Monday that that crude oil is now sold for $117 a barrel, that is the most highest price within these six days. It resulted from the attack on Japanese oil tanker in the Middle East. As Mark Pervan, a senior commodity strategist at the ANZ bank in Melbourne, told there was some geopolitical pressure in the market, but this would finished. However, the market would be left jittery.Even the workers in an oil industry felt how their wages slumped significantly. For instance, a cab driver now makes from $125 to $150 less than before. The AAA and the Oil Price Information Service reports informed that the diesel prices scrambled to unbelievable $4.50 a gallon. Consequently, the prices of all imported goods like clothes, food, etc., will be substantially higher.And not adding to any good news, analysts expect the prices to grow even further. The Energy Department made predictions that by the end of this month people at the filling stations will pay for gasoline as much as $4. Due to this startling fluxion the majority of drivers are forced to cut down on money spent on gas. Some even intent to change their habits, such that they will buy the bikes and use them as a way to commute to their work or school. And of course, they will not definitely stop driving but will in some way constrict their plans for holiday destination and so on.

by Lenka Filipova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.<br><br><font size=2>These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.</font><br>

edited by Beata Biskova

Labels: Business, CantellTV, Chris Cantell, Christopher Cantell, digital broadcasting, SigEx Foundry, SigEx Telecom

posted by Blog TechSource @ 6:33 AM