Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: Congress returns next week to a flaring brawl over oil industry profits and tax breaks, with both parties hoping to capitalize on growing public ire at high gasoline prices.

Source: NYTimes.com

Date: 04/29/2011

Link: http://www.nytimes.com/2011/04/30/business/30gas.html?ref=business

Questions for discussion:

  • Summarize the reasons for concern over rising gasoline prices?
  • How do rising fuel costs affect businesses and consumers?
  • What is the cause of higher prices?
  • How can demand be reduced individually or collectively?

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