The Price of Car Food

Gas prices are going down and everybody is happy! The national average price of gas is currently below $3, and it's continuing to drop. Some places, such as Wyoming and Montana, have been falling more slowly. However, the prices are all falling. Time Magazine has said that a new national report predicts the average gas price next year (2015) will be about $2.94.

How do these prices affect our country and each of us individually? Great question. Most people see low gas prices and go, "Yeah! Whoo-hoo! Party time!" And of course, low gas prices are good, up to a certain point. People will buy more gas because it costs less, and there will be more money flowing in the economy- until there isn't. Eventually, if the gas prices get low enough, the gas companies will start losing money. Then they'll have to fire people, and our unemployment rates will go up. Yay. 


                                                                 

www.msnbc.com/rachel-maddow-show/why-the-sudden-drop-gas-prices-matters