United Kingdom
United States
Asia Pacific
Gas prices to top $4?
Gasoline prices will get even higher and there’s little the US government can do about it, admitted officials of the Bush administration.
“This is a very large problem,” Energy Secretary Samuel W. Bodman told Fox News. “It’s built up over many years — decades in fact. It’s not going to be solved in the short run by some magic bullet.”
Polls show fuel prices are the No. 1 concern of most Americans. Tourism officials are also concerned about rising gas price’s influence on tourism.
Some gas experts are predicting $4 a gallon prices by this summer.
One major reason for the upswing is that “suppliers have lost control of the market,” Mr Bodman said.
The Bush administration’s plan is to reduce the flow of oil into the national strategic reserve, ease regulations on fuel ingredients and encourage the production of hybrid vehicles.
That effort will have a “relatively modest” effect on prices in the short term, officials admitted.
“We need to deal with the long-term problems of technologies that may get us out of this trip,” Secretary of State Condoleeza Rice said on television news.
Report by David Wilkening
David
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
EU airports bring back 100ml liquid rule
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Gatwick braces for strike