There is an increasing rate in gas prices across the country and even across the world. It has been making it hard for people to get where they are trying to go, raising feuds and frustration in
Gas prices aren’t necessarily high all over the country, it varies from state to state and what the state government says they want the gas prices to be. Typically they are high over the whole country. According to How Stuff Works (link below), Hurricane Katrina was one of the main reasons why gas prices went up in 2005. "Price increases occur when world crude-oil market tightens and lowers inventories," according to How Stuff Works. This is called supply and demand.
An average study shows that American consumers use about 65 billion gallons of gas a year, and 2.5 trillion miles are driven per year in automobiles alone. American consumers also use about 20 million barrels of oil per day, according to the US Department of Energy. This causes the gas prices to go up, because when the demand goes up, the prices go up. This process is called supply and demand.
Most of the time when gas prices go up, it is because of a natural disaster or some other issue involving politics and government restrictions. Also, another reason why gas prices go up are because during the summer people go on vacation a lot, as far as road trips and other such driving adventures. It’s a known fact; people drive more in the summer, causing the gas prices to always go up.
When you’re buying gas, you are not just paying for the gas, you are also paying for distribution and marketing, which makes up eleven percent of what your paying. Twenty percent of it is taxes, ten percent of it is refining, and fifty-nine percent of it is the actual gas it’s self. Some of the main oil suppliers are from overseas like
Even though it seems like the prices for gas are going down right now, the state some senator and Congress said that it’s not going to last for too much longer. Gas prices are supposed to go up by twenty percent by the end of winter.
It seems Americans will never catch a break when it comes to gas prices these days. They’re either up or they are down, and more people need to realize that our natural resources are running low. If we don’t come up with an alternative to natural gas soon, there will not be any other crude oil resources.
