Fueling America's Inflationary Crisis
This paper examines the implications of government price controls for gasoline.
# 125682 | 1,250 words | 7 sources | MLA | 2008 |
Published on Dec 01, 2008 in Business (Industries) , Environmental Studies (Economics and Policy) , Political Science (U.S.) , Political Science (Fiscal Policy (economy)) , Aviation, Aeronautics (General)
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A look at why gasoline prices are high, how it affects various industries as well as the consumer, and what would happen if the government laid down price controls for gasoline. The paper discusses how it would not work for the long term and even renewed drilling would not provide sufficient supplies. The paper argues that alternative energy sources are the key for the future.
From the Paper:"While gas prices below ..., as this essay is written, continue to impact America's economy and while America is based on free enterprise, the fact that so many businesses are either in dire financial straits or have already declared bankruptcy makes it necessary for the government to step in and at least temporarily support and maintain gas prices. Unpleasant as this may seem to many, it may be necessary to save some valuable American industries. The airline industry is a perfect example. With..."
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Fueling America's Inflationary Crisis (2008, December 01) Retrieved June 16, 2019, from https://www.academon.com/term-paper/fueling-america-inflationary-crisis-125682/
"Fueling America's Inflationary Crisis" 01 December 2008. Web. 16 June. 2019. <https://www.academon.com/term-paper/fueling-america-inflationary-crisis-125682/>