Because the market is so volatile, petroleum companies are reluctant to invest in new long-term employees, he said. The way not to do that is through consultants. This is a supply shortage. It s caused not by a lack of production capacity, but because OPEC is producing less than the world demand. Gas-guzzling SUV s are not likely to decrease in popularity, Clark predicted.
Gasoline is only a small fraction of the cost of operating that type of automobile.
This is not gong to hurt the middle class. It will, however, hurt those on the lower end of the economic ladder. An expert in product distribution, transportation and supply chain management, Sterling can discuss the effect of gas prices on the trucking and airline industries as well as its impact on distribution for businesses of all types. Economists Addy and Ijaz are available to address economic issues related to gas and oil.