Lower please...
@ester_tamisin (522)
Philippines
4 responses
@ladymoonstone143 (1507)
• United States
25 Mar 07
I definitely would say, the prices of energy complex (crude oil, heating oil, gasoline and natural gas). When these prices will go down, it will have a domino effect on the economy. Every industry uses these products to create products and if these are lower in prices, the cost of production will be low too. It will be good for everybody.
@ester_tamisin (522)
• Philippines
25 Mar 07
You hit it right. Lower gas prices means lower production cost which translate to lower price for everything from necessities to luxuries.
@velvetprinzess (1064)
• Singapore
25 Mar 07
Yeah, that sounds logical. The only catch is that I suspect lots of companies may refuse to lower their prices correspondingly because they might use this as an opportunity to make a quick profit. Particularly the luxury companies.
Also, some companies are bound to tell employees that they can no longer pay them such high salaries and it might actually lead to a pay cut! Yikes!
