Jul 16 2008
High cost of living
Published by 
at 1:46 pm under life
With gas prices being so unreasonable here in Canada as well as the US I really have to wonder how some companies are making any profits at all. When gas prices go up a lot of other prices go up as well. I have noticed around here that grocery costs have started to rise due to increased gas prices. And our tourism is down this year as well. It makes me wonder how hotels in las vegas or any other hotel owners are going to weather this crises. With less people travelling, there will be less people booking hotels as well. And by all reports, this problem is going to get a whole lot worse before it gets better.
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I must say this is a great article i enjoyed reading it keep the good work
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Thats a really good point… it’s not just gas prices that are going up! Flights have gone up as well, people are definitely going to be traveling a lot less!!
I read an article recently about Vegas flights - about how the increasing cost of fuel is reducing the profit margin, and a lot of the airlines are going to start cutting back service. In addition, a lot of hotels will start offering reduced rates to try and attract more visitors.
I think as a result of all the changes that will be brought on from the current fuel prices, the next few years will be interesting…
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When gas prices go up everything that relies on fuel also costs more. The price of food and goods that are exported or shipped across country has to rise in order to compensate for the high cost of fuel. The high gas prices has had a negative effect on the US economy. Everything relies on fuel. We need to find other alternatives to gasoline. Thats the only answer.
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