The steep increase in fuel prices is becoming a raising concern for many business owners everywhere. Not only do they feel it in their pockets every time they go to the gas station for their everyday commute, their employees are also greatly impacted by the rising costs of fuel. Besides urging their staff members to take public transportation, they might also want to look into video conferencing technology as an option.
According to the U.S. Energy Information Administration, gasoline prices have soared to record-breaking prices, increasing by 10 percent in the last month and 90 percent from the year before. Many fear that the prices could reach $5 a gallon by the middle of the year. This should be a concern for many business owners.
As a substitute for commuting, perhaps companies should urge their employees who have the capabilities to work remotely to stay home instead of coming into the office. Using video conferencing technology can help those who are being impacted by the rising fuel costs by allowing them to stay at home but still be productive in front of their personal computers.