$3 A Gallon For Gas Raises Concern
March 23rd, 2010 - 6:40 pm ICT by GDBy Meena Kar
New York, Mar 23, (THAINDIAN NEWS) The recent hike in the price of natural gas has once again raised the eyebrows of people and some of them have started to speculate whether the economic condition of the country has truly recovered or not. As stated in the reports, the price of natural gas has reached a 17 month high and people have mixed reaction regarding the increase in the price of gas, which is now available at 3 dollars per gallon.
According to the sources, some of the experts are of the opinion that the rise in the price of gas does not indicate anything about the economic situation of the nation. It has been reported that the increase in the price of gas is quite natural and will not affect the budget of the common men. Reports indicate that many experts believe that the price of natural gas would reduce after summer and so it will not pose a major threat to the common people.
As per the reports, some experts have anticipated that the price of gas, which is now fixed at three dollars per gallon might remain same. If such anticipations are proved to be true, people might have to face a tough situation. However, certain reports indicate that there are some speculations that the price of gas might increase further as the refineries would close temporarily for maintenance work. Though there are several expectations and anticipations regarding the increasing price of gas, people consider that the increase in the price of crude oil is really a cause of concern.
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Tags: budget, common people, economic condition, economic situation, eyebrows, kar new, maintenance work, meena, price of crude oil, price of natural gas, refineries, speculations, three dollars