Thursday, November 13, 2008

Assignment 9

Part One:
It's amazing how the gas prices have dropped over this short period of time. Even though I chose a SMART car (it gets 56 mpg!), my gas prices for the week were $20.19. Now that the prices of gas have dropped to $2.20 , using the previous equation 350/mpg*P=T, I would spend $13.75 on gas a week. I would save $6.44 a week on gas. That's an extra $25.76 a month and $334.88 a year! That would be so cool to save this much on gas!

Part Two:
The article that I read was referring to the good and bad in the gas prices falling. The good news is obvious, gas prices are plummeting we are reaping the benefits of more extra money to spend. The bad news lies in the reason for the gas prices dropping. The American Economy has taken a serious blow and the effect of it is cutting the demand for gas and oil. I guess the pocket money is nice, but what's coming a little later for the country is not as good.

1 comment:

Mrs. Domenico said...

Amy - what a great post! You summed up the article perfectly too.