http://www.usapinoy.com Pinoy Life in the US Wed, 07 Jan 2009 19:01:19 +0000 http://wordpress.org/?v=2.6.1 http://www.usapinoy.com/plummeting-gas-prices#comment-1990 Anj Thu, 25 Dec 2008 21:15:18 +0000 http://www.usapinoy.com/?p=206#comment-1990 this is my opinion. i believe there is oversupply but with lesser demand due to the weakening US economy, prices tend to go down. now with the move of the Obama administration into the lesser dependence on imported fuel, the impending green evolution that triggers to develop more fuel efficient cars, these are sickening the future demand of imported fuel. this is also putting the pressure on the Big 3 car makers to put into the drawing board ASAP those hybrid, fuel efficient cars. also the consumers are being pre-conditioned that in the future they will have to buy those cars. but changes takes a long while to take effect. the lower gas prices today give opportunities for big industries to accumulate more now. i believe the gas prices will have it's final blow (increase one more time) before it will finally settle down in time for the major changes that have been implemented. this of course to let the industries who accumulated inventory when the prices were lower to gain. we on the consumer side just rides with the tides. that's how the US economy is being managed. the market is always right.this is a pre-conditioning stage of the market. this is my opinion.
i believe there is oversupply but with lesser demand due to the weakening US economy, prices tend to go down.
now with the move of the Obama administration into the lesser dependence on imported fuel, the impending green evolution that triggers to develop more fuel efficient cars, these are sickening the future demand of imported fuel. this is also putting the pressure on the Big 3 car makers to put into the drawing board ASAP those hybrid, fuel efficient cars. also the consumers are being pre-conditioned that in the future they will have to buy those cars. but changes takes a long while to take effect. the lower gas prices today give opportunities for big industries to accumulate more now. i believe the gas prices will have it’s final blow (increase one more time) before it will finally settle down in time for the major changes that have been implemented. this of course to let the industries who accumulated inventory when the prices were lower to gain. we on the consumer side just rides with the tides. that’s how the US economy is being managed. the market is always right.this is a pre-conditioning stage of the market.

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