A Note on Fuel and Bread.
This is a rather quick post on inter-workings of my last few posts. In order to streamline my railings on automakers and fuel providers. I wanted to post a chart that showed inflation rates of fuels and a reason why automakers should have seen the writing on the wall. Without delay… a post on inflation rates of gas over the last year, I also found this news juxtaposed next to bread price.
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I think this is a great example of why we need to grab a hold of our economy and fast. In the last 25 years, not counting the most recent 3 years… gas prices has risen nearly double. I really can’t see why automakers didn’t see this coming. The need for more fuel efficient cars is screaming at them. Here is the data… a relative gain at 2.02% every year… for the last 25 years. Who ever does research for these companies must have seen the price restriction and the average American consumer coming.
The other thing is to look at the price of bread. It has nearly double… and most likely its because the cost of shipping and doing business is rising. If gas prices were able to stabilize our economy at least would be able to sustain its prices. Now, obviously the future cannot rely on just fossil fuels… in order to sustain a country that relies on transportation and shipping of goods across vast areas, we need to secure ourselves a good fuel and a efficientcar/truck. In short… auto makers have really no excuse to say, “We didn’t know that the consumer wouldn’t want a big-gas-consuming car,” most people can’t afford to fill their cars for hundreds of dollars a week and have their goods such as bread and milk rise along with it.