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What is your perspective with regards to the skyrocketing prices of diesel and gasoline nowadays? Is there a possible solution to this? Elaborate. ​

Sagot :

Answer:

Inversely, when gas prices fall, it is cheaper to fill up the tank for both households and businesses, and really eases costs on transportation-focused industries like airlines and trucking—but it also puts a damper on the domestic oil industry. In general, higher oil prices are a drag on the economy.