TITLE

LIVING WITH EXPENSIVE GAS

AUTHOR(S)
Flint, Jerry
PUB. DATE
November 2007
SOURCE
Forbes Asia;11/12/2007, Vol. 3 Issue 19, p50
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article investigates the effect of the continuing rise of the cost of petroleum products on the lifestyle of people in the U.S. as well as on the local automobile industry. Car sales are up from 2007 at Toyota, Honda, Nissan, BMW and Mercedes. The author believes that U.S. consumers have gotten used to buying gasoline at $3 per gallon and have not been forced by the price trend to use public transportation or buy smaller, more energy-efficient cars.
ACCESSION #
27587770

 

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