Inflation:burning a hole in the pocket

India
June 3, 2008 11:50pm CST
Oil prices are shooting up daily,every week there are reports of inflation rates reaching all time highs.The way oil prices are sky-rocketing,having a car is increasingly becoming a luxury which many can ill afford-it is rather becoming a white elephant!!! So I here start a discussion on whether governments worldwide should emphasize on production of greater fuel-efficient cars and go in for rationing of fuel allotment so as to regulate the demand:production ratio. All comments are most welcome!!!
1 response
@rpegan (596)
• United States
4 Jun 08
Gas prices are getting rather ridiculous. There was a report on the news the other day that said companies cannot meet the demand for bicycles since so many consumers are opting to ride a bike to work. They also say that the price of bicycles will go up.
@rpegan (596)
• United States
4 Jun 08
By the way, as long as we still have idiots driving around hummers, we'll be doomed. I can't stand to see a hummer driver complaining about the price of gas.