Wednesday, January 13, 2010
Higher Gas Prices Linked to Weather?
Yes indeed the recent cold weather in the Gulf States has caused an increase in gas prices. The cold weather that impacted the states also has impacted production on oil rigs. This disruption causes the prices to go up as it is harder to get the gas that is needed. Also along with gas, citrus fruit prices will also go up. This is because freezing temperatures in Florida over the past week has damaged hundreds of crops. This has made it hard to get good crops, so in time the prices will go up as it takes more effort, time, and money to get the citrus.