Business

Gasoline prices or where to go on holidays?
by Barbora Misakova

Probably everyone of us would like to go somewhere during the summer. Everyone needs a rest after a long and very challenging year. There is incredible number of places and destinations which are every year alluring people from distant countries. And people are thinking every year where to go on the holidays. There are people who like exotic places and maybe Hawaii would be the best place to go. Some others could prefer less crowded places and forests give them all they need. These forest lovers don't need anything special, just one tent and something to eat. But there are also some of us whose prefer big cities because of their incredible atmosphere. In real, it doesn't really matter how far is your favorite destination, and what kind of place you want to see, the most important point is that you need to get there somehow. And I would bet that you won't use neither horse nor bicycle. Honestly, riding a horse is fun, but not for a longer time than an hour or two. Bicycle? No gain neither. The most comfortable and especially quick way of transportation is by car or plane. If you still don't get it, I will explain it to you then. Cars and planes are quick, but they are going on gasoline. When the gasoline prices are fine, then your plane ticket is cheap and there is no barrier for your holidays, even if you want to flight to Peking. As soon as the gasoline prices go up, then everything is more expensive, of course plane tickets too. I know I have said it already hundred times, so I won't do any wrong if I say it again: economy is a circle. Everything is connected together, and one little change can lead to much more bigger one. It was really just a few days ago what I have been reading about very little decline of oil prices and now we have it here again. This time it seems a little bit worse.Analysts are pointing at gasoline pump prices. They are quite high already now (above $4 a gallon) but analyst think they will be even higher in the summer. In the comparison with the last year, gasoline prices are higher almost $1. By the Energy Information Administration, average retail pump prices went up 96 cents from a ear ago. Analysts are saying that if gasoline prices don't go lower till the July, then we can expect another growth of prices – even about another 20 cents. So I am asking – where are you going on the holiday this summer? I think I will stay at home.

related story: http://news.yahoo.com/s/nm/20080609/bs_nm/usa_gasoline_price_dc;_ylt=AurmMCLJcR7JH3yVJF1xYdus0NUE

by Barbora Misakova for PocketNews (http://pocketnews.tv)

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posted by Blog TechSource @ 2:22 AM