What good comes out of the rising gas prices?

Posted by admin
gas prices
KB24 asked:


I’m a economy nooby and this is my first time on this section, but I was wondering if there was any good that comes out of the nation’s rising gas prices. I watch the news and I hear the it increases the prices of everything and messes up the economy, but is there anybody that benefits from it or any kind of business? Please answer thoroughly. Thanks!

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  • purely from an academic point, why does rising oil price weaken the greenback though oil is paid in USD ?
  • How supply and demand plays in the rising of oil price ?
  • Do you think the high oil prices are actually a good thing?
  • How serious of a threat do you consider the rising oil prices to be?
  • Why is the oil price rising?
  • Why are gas prices still rising if the price of oil is going down?
  • If I am really bullish on the oil price, where should I invest my money?

    • This entry was posted on Sunday, August 8th, 2010 at 5:16 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

    « Oil Change FAIL
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    No Responses to “What good comes out of the rising gas prices?”

    1. smartypants Says:
      August 9th, 2010 at 1:59 am

      Hopefully we will stop using fossil fuels. That is all I can see good coming out of it.

    2. Aleks A Says:
      August 12th, 2010 at 12:44 pm

      The only thing can see that the burning of gasoil because its hurting theyre wallets in turn this is that the government will start to invest in turn this is that can see that the government will start to invest in researching for alternative energy sources examples hydrogen.
      The government will start to invest in researching for alternative energy sources examples hydrogen fuel cells.

    3. gentle ben Says:
      August 13th, 2010 at 6:20 am

      For americans as well halliburton is booming at the stock market and all the stock market and delivery which makes since that everything goes up very bad for there product.