Have your employer take advantage of the new tax laws that provide deductions for commuters. Where we're heading Industry observers predict companies and consumers will not get a reprieve from higher gas prices anytime soon. OPEC has been increasing supply, and early data indicate we may be seeing a more typical seasonal stock-building pattern. Today, the world finds one new barrel of oil for every four it consumes. Experts predict that production will peak in 2010, then drop over subsequent years.
Gasoline accounts for nearly one-fifth of the energy consumed in the United States.
Unlike other commodities such as food, consumers cannot substitute gas for alternate products when prices fluctuate. But they can change the quantity they use and still come out a winner. Copyright 1994-2001 2plus, Inc.