From The Appalachian [your student newspaper since 1934] (Rising fuel costs impact economy):
On Jan. 15, President George W. Bush asked Saudi Arabia and the other members of the Organization of the Petroleum Exporting Countries (OPEC) to consider the effects of higher fuel costs to the United States economy.
“A few of the longer effects will eventually be that people will decide to drive less or change their vehicles,” said Dr. John C. Whitehead, an economics professor. “For the first time, last year the Toyota Prius outsold the Ford Explorer.”
Read on for more enlightenment.
