When fuel prices were rising, and rising rapidly, the price of everything from airline fares to milk rose along with it. I understand the economics behind prices rising as the price of raw materials rises.
What's the deal now that fuel is 1/3 to 1/2 as much as the max? Food prices have not dropped, airline fares and the special little surcharges put on extra baggage are still in place.
Just wondering.
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Maybe they all saw the writing on the wall. OPEC's decision at the end of the year to cut back on production was guaranteed to bring fuel prices back into scale.
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