Gas prices skyrocket, leaving planes grounded
With the rise of gas prices, the economy is taking a fast dive downward. USA Today posted a story, “Fuel prices forcing airlines to squeeze,” which wrote about the increase of oil and gas prices, and the decrease of planes that will leave the ground this year.
As the rise of gas and oil reaches an all time high, even over last year’s average, airline companies wonder what to do next? This article states that airline companies, such as Delta, United, JetBlue, and US Airways, will be keeping some planes and employees grounded before they experience painful bankrupcies.
We travel via planes, trains, and cars, and as we continue to go around the globe, the prices of gas and oil are slowing making our plans dwindle. Some airline companies have begun to sell their planes in order to reduce the risk of over spending on gas fair. What is going to happen when the prices continue on the rise? Where will we be in say five years from now? It is time to make some changes in the economy so we aren’t struggling to travel come the future.