INTRODUCTION
Gas prices in the United States are at an alarming rate these days. In some parts of the country, consumers are paying $3 to $4 a gallon. This can be devastating to people who depend on their cars for their livelihoods. It can put a huge dent in a family’s budget and cause a real hardship.
Plus, with the rising price of gas, we have to consider the effect on our consumer goods as well. Trucking companies must pay more in fuel costs, and the only way for them to recoup any of that money and make even a small profit is to pass the increased cost on to the consumer. That means higher prices for things like groceries, clothing, and other things we need and use every day.
But there is hope on the horizon. Scientists are developing alternative fuels that can help not only the environment, but also the consumer’s checkbook. The new alternative fuels offer advantages in so many ways that people are really starting to take a look at these as an option over paying astronomical gasoline prices.
Unlike back in the 1970’s when there was a gas shortage invoking memories of long lines at gas stations, we have plenty of gasoline. But the prices are what is of concern today. Many people blame the high price of gas on our ongoing war in the Middle East, but what these people don’t realize is that a majority of the oil we use to manufacture gasoline is obtained from Venezuela.
So why are gas prices so high? Oil is the most precious commodity in the world. It is more valuable than gold. The price per barrel has risen dramatically even in the past year. Perhaps it has more to do with supply and demand more than anything, but the real fact is that federal, state, and local taxes have a lot to do with the price per gallon of gasoline. In fact, 19 percent of the cost of a gallon of gasoline is attributable to these taxes.
How To Save The Environment And Save Your Checkbook
The truth of the matter is that the development of these new alternative fuels helps consumers in so many ways. That’s why it’s so important to know as much as you can about the options that are available when it comes to alternative fuels and how they can help YOU as a consumer and how they can help US as world citizens.
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