Gas and the Golden Banana

On May 22, 2008, we saw oil prices hit a record $135.09 a barrel. “The nationwide average for a gallon of regular unleaded rose eight-tenths of a cent to $3.952 with experts predicting that number to exceed $4 per gallon as soon as next week” (Cnnmoney.com). The AAA survey shows gas prices are up nearly 10% from a month ago and almost 24% higher from year-ago levels. When consumers go into the Arco for a coke and a fill-up, what they may not be noticing is that the price of that coke is rising faster than that $4.09 gallon of unleaded which had been $3.95 two days before. Someone has to pay Coca-cola for delivering their product and did you honestly think that Arco was going to eat the $.14 increase per gallon to refuel Coca-cola’s delivery trucks? The difference is getting passed to the consumer not only for delivering that ice cold coke in the middle of summer, but as well as the $.02 extra on a postage stamp, and the $2.00 sur-charge on......

Join Now to view the rest of this term paper!
Members: Login to view this research paper.

Title: Gas And The Golden Banana
Approximate Word Count: 1505
Approximate Pages: 7 (250 words per double-spaced page)

With the Term Papers Lab Membership Pass, you get instant access to every essay on this site, including this essay on Gas And The Golden Banana, for as long as you remain a member.

Other essays sites charge almost $100 for a single term paper. At Term Papers Lab, you can get instant access to over 100,000 research papers for as little as $29.95!