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Business Savvy
POSTED:Tue, May 6, 2008 @ 4:54PM
Politics and gas pricesYou can visit the presidential candidates websites to learn their views on issues like the economy, but don't forget to check their voting record at a location like votesmart.org. If you don't think politics has anything to do with business, stop and consider the possible summer gas relief plan supported by Clinton and McCain. Economists say it will say the average gasoline used about $33 a year. While the money would be helpful for some people who have trouble getting to and from work, there's nothing to stop station owners, or the higher ups in the gasoline chain, from increasing the cost and pocketing the difference. Well, nothing but competetive rates with other stations. With gasoline prices and food prices, I don't think $11 a month will be much help to the families that have trouble driving to work in the morning. Many people will just drive more if prices are lower. And it doesn't touch the real problem. The country needs to find a different fuel source for cars. The government needs to pick one source, and strongly encourage research in driving with that source. And don't pick ethanol! Apparently food prices are high enough as a result of ethanol. I think Hydrogen gas sounds like a good source, but that's just me. It can be obtained from several sources, is virtually pollution free and, at the moment apparently, a bit expensive. The little I know about it sounds good and costs can be brought down with some support from someone like, oh, I don't know, the government.
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Rachel Lane![]() Staff Writer Rachel Lane is from the Mid Ohio Valley. She has a personal interest in business and investing. Anyone with an idea for a blog may e-mail her at rlane@newsandsentinel.com.
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