Fuel Consumption, Is It Time To Be Concerned?
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You can save money on gasoline in a variety of ways. One of the most recent, and perhaps a bit controversial way of saving money on gas is by turning water into fuel. Some experts are saying this really does work. Compared to pills and potions you add to the tank, methods that have not only been controversial but down right scams
Gasoline prices are expected to keep rising as the summer driving season brings with it greater demand for the fuel and refineries shift over to more expensive summer-grade fuel. Gasoline prices are historically subject to rapid fluctuations; however, over the last six years, the price per gallon in the Philadelphia area has risen steadily from $1. Gasoline prices are still 70 to 80 cents higher than they were one year ago. Meanwhile, a sizable swath of the press has been reporting for weeks that gasoline prices are going through the roof. ” Actually, after adjusting for inflation, gasoline prices are the highest they’ve been in 20 years.
The rising prices at the pump bringing back memories of summertime gasoline bills. You might remember when the cost of fuel dropped in mid-2003, and several observers believed this was due to the fact that the armed conflict would come to a quick resolution. Prices were accordingly raised another 130% at the Tehran conference of December 1973, and a temporary embargo was placed on the United States and the Netherlands at the same time. However, what is happening today is costing the automobile owner money, big time. So here’s the $64 question: Is there something that you and I can do to save money on fuel?
Gas prices have jumped 33 cents a gallon across the United States over the past month and are expected to skyrocket higher and higher through the summer, according to the AAA automobile club. The price of gas has increased sharply in the last two years. Interestingly enough, gasoline sold in California is not the same as gasoline sold in Arizona or Las Vegas. This is due to Gasoline supplies being moved to the Southeast from other parts of the country, affecting supply in those areas. Fuel from different refineries, owned by different companies, is often combined for shipment by pipeline. This deciphers why fuel is higher in one place than it is in another.
Higher fuel economy standards is a must. There are no ifs and buts about it. The surging fuel cost are not to be taken lightly. Our economy can not allow these circumstances to ruin us. The trickle down affect is yet to be felt if this problem is not quickly nipped in the bud. Analysts blamed higher crude oil prices, greater demand and fears of shortages. “And prices are headed higher,” Is the watchword. The only benefit of higher gas prices is that it could result in trimmer waistlines, suggests a WUSTL researcher.
Higher fuel economy standards is our number one priority. It is not a question of when and how, but now, now, now. The skyrocketing cost of fuel are to be taken Seriously. Our economy can not allow such circumstances to run out of control. The fear of the trickle down affect is yet to be felt, you can count on it. Some analysts are blaming higher crude oil prices, greater demand and fears of shortages as the reasons for the present situation. Prices are headed higher, and we must do something about it. The only benefit of higher gas prices is that it could result in trimmer waistlines, suggests a WUSTL researcher.
The higher cost of gas are in part, due to higher crude oil prices, which have been about $60 a barrel in past weeks, though the price of light sweet crude closed yesterday at $58. Jane Doe of Northwest Washington, who drove her Ford Taurus to the grocery story yesterday, said the high cost of fuel brought to mind the war in Iraq and Hurricane Katrina. Will those higher prices spur oil companies to increase production and resupply dealers as quickly as possible. When crude oil supplies are in higher demand, our refiners have to bid higher to ensure a steady supply of fuel for American buyers and businesses. The haunting thought that crosses the minds of people today are: Will the cost of fuel ever go down again?
The United States imports about 62 percent of its oil. This amounts to $308 for every man, woman, and child in the United States. And some people, usually Europeans, like to point out that gasoline is still far cheaper in the United States than it is in Europe, where it can cost upwards of $8 a gallon. Others argue that’s it’s not fair to compare the United States and Europe, as Europe’s high prices are largely due to taxes, which are then used to fund public benefits such as mass transit or cheaper health care. Gasoline prices in the United Kingdom, Italy and the Netherlands are at least twice as high as those in the United States. After Hurricane Katrina and Rita, up to 14 percent of the United States’ natural gas production in the Gulf of Mexico was shut in.
The United States imports close to 62 percent of its oil. You will find people, usually Europeans, who like to point out that gasoline is still far cheaper in the U.S. than it is in Europe, where it is not uncommon to see cost of $8 a gallon. Can you really compare the U.S. and Europe, since Europe’s high cost are due to high taxes, which are used to fund public benefits such as mass transit and cheaper health care. Gasoline prices in the United Kingdom, Italy and the Netherlands are at least twice as high as those in the United States. Everything is relevant when comparisons are made.
Tags: Vehicles
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