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Tag Archive 'gas prices papers'

Essay on Gas Prices

May 18, 2009

Today, gas prices as a national average have risen to 2.1 dollars per gallon. This is the highest gas price increase since 1990, during operation desert storm. What is the cause of this drastic increase in gas prices? Limited supply of crude oil from the Middle East some say. Others think the cause is high trade tariffs on incoming foreign oil. But what is the solution to this problem? Is it drilling in our national wildlife reserves in Alaska? Dropping the trade tariffs and promoting free trade around the world? Perhaps we should look for alternative energy sources; maybe even a combination of all three. But whatever the solution, it needs to be done quickly. America’s gas prices are becoming so outrageous that it is becoming more and more likely that our economy will fall into a depression, and our world, so dependent upon gas for transportation, is in danger of losing the luxuries that we take for granted. Something needs to be done now….

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