2.) http://www.foxnews.com/opinion/2011/03/07/gas-prices-rise-time-drill-baby-drill/#
3.) http://www.csmonitor.com/Commentary/Editorial-Board-Blog/2011/0307/Gas-prices-too-high-Obama-may-not-think-so.-He-s-pumped-to-use-high-oil-prices
Last week my Mom called me and told me to fill up if I could because the prices were going to rise, boy was she right! My Mom says she remembers when gas prices were under a dollar. I barely remember when gas prices were under two dollars. In the past couple of weeks the gas prices have risen substantially across the country. “The new Lundberg Survey finds gas prices have jumped nearly 34 cents over the last two weeks across the U.S.” (1) The average gas price across the country is around $3.50 per gallon. California is really bringing up the gas prices with their average being $3.898 per gallon.
Just how much higher will the gas prices rise? Many experts are predicting $4 a gallon gas in 2011 and $5 a gallon gas in 2012. My tank holds about 14 gallons. I am no math major but that means in 2011, the year I graduate and take on all my debt from school and start commuting to my graduate school I will be filling up my tank for a near seventy dollars!!!!
“The former president of Shell Oil, John Hofmeister, has been already predicting $5 a gallon gas in 2012 long before the unrest in Middle East and North Africa.” (2)
The rise in prices leads Americans to produce the slogan “Drill Baby Drill” in reference to the fact that America needs to stop being so dependent on other countries to produce our foreign oil. I’ll say that I do not have much knowledge on this topic, but from the information I have gathered I am shocked that America is not looking for more ways to produce our own oil. We are already in an economic crisis, counting on other countries to supply one of our most important goods is astonishing. I agree with the argument that if America became more pro active in becoming more energy independent and free from foreign sources of fossil fuel we would help pull ourselves from this major economic crisis we are in. Producing our own goods would enhance us economically in more than one way. Producing our own goods would require the man power to do so. Implementing the man power to create and maintain these power plants will open up jobs to many Americans which is an important factor that could potentially help pull us out of this recession.
I’ll be honest when it comes to the production of oil and where we get our crude oil from I am clueless. I really learned a lot from this blog and the information I gathered, but I still have no idea how to even go about fixing this problem. The economies in other countries that we get our oil from are unstable. The economic stability poses a problem for the United States to receive our oil. With the demand for a supply that is difficult to obtain rising, the prices are going to continue to rise until the economic issues are solved. How long will that be? I am not sure even Obama can answer that one. Ha
Ya the gas prices are really out of control! We have so much oil in the U.S. that I really don't understand why gas is so high other than the oil companies like to gouge the consumers. Grrrrr!
ReplyDeleteIt's not an easy choice, we can make gas prices cheaper now or we can preserve the few natural habitats we have left. I can understand both sides of the argument, but I cannot tell you what the best choice would be.
ReplyDelete