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Economic Impact on Gas Prices
Date Submitted: 01/10/2002 11:15:47
Length: 1 pages (292 words)
Views: 158271
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…company in Texarkana, Ark. has not increased taxi fares in 13 years, but that will now change because of the huge dent in company profit. Taxicab companies, with approval, will start implementing a $1 surcharge to cover the abnormal gas prices. Airline industries are also implementing a $20 surcharge because of the artificially high fuel prices. Shipping companies are charging retail companies more for the shipping. As a result, the increased costs are passed on to the consumer.
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