BUS308: Statistics for Managers
Gas prices have been rising ever since gas has hit the market. Regrettably, gas is a limited commodity, meaning there will be only so much of it to go around. The more we use it up, the higher the price gets and the harder it gets for customers to pay. In economic terms, the supply is weakening exponentially while the demand is rising faster than ever. Huge events such as the mining disasters where the gas facilities burst and leaked millions of gallons of gas also influence the gas prices. Soon enough, the gas will be washed-out, which is a worry and is very important, but no one seems to take community action to help reduce the use of gas.The world will soon have to go shop for bicycles or walk.