Why Gas Prices Are Rising Essay examples

“We can break our dependence on oil…and become the first country to have one million electric vehicles on the road by 2015,” President Obama said in his January 2011 State of the Union address (Institute for Energy Research 1). While this may sound promising, the practicality and merit in achieving this goal remains unclear. Auto manufacturers have been working on plans for electric cars for years, especially the three largest companies in the US: Chevrolet, Chrysler, and Ford. These companies have been hoping that the development of electric cars would create a sort of lifestyle change for consumers, both weaning the U.S. off of its dependence on foreign oil and breathing life into the market for auto sales at the same time. Electric cars are often sold as zero emissions, but technically that is only true once they are charged and in terms of their tailpipe emissions. After all, they have to get their energy from somewhere and, more often than not, the electricity used for charging is supplied by traditional coal fired power plants. The real question then is whether the source and amount of energy required to build and supply an electric car with power is actually cleaner and more economical than a traditional combustion automobile. As it turns out, the answer is both unexpected and fairly complicated. In order to assess whether the use of

Gas is something we need in our day-to-day life to operate vehicles that bring us places we need to go. Without gas we can't go on living our normal lives. Sadly the prices of gas are not pleasant to the consumers at times, but we have to deal with it. Around the year 2012 gas was a staggering $ 3.60 average and was $4.00 at time, the people were asking the government to mandate gas prices. Although if the government were to mandate gas prices, the prices would be more appealing to the consumers, but not for the long run.

In this speech I have explored the history where they are today, and what is to come of electric cars. The electric car will get you to where you want to be without polluting the air. As Jay Leno once stated after driving the Tesla electric car, “If this is the future, I’m not that

Once upon a time Americans hopped into their cars on warm spring days and took long drives to admire the beauty of nature. Teenagers took joy rides around town to meet friends and rode from one “hot spot” to another. Those were the days when gas prices were affordable to the average American. Over the past few years, gas prices in the United States have been on the rise. What is causing the increase in gas prices?

Davenport, Coral. “Oil Pipeline Presents Dilemma for Obama.” National Journal. Gale Opposing Viewpoints In Context. (2011) Web. 16 Mar. 2012.

courteously present their electric car and entice you to commit to them with their “Gasoline cars are bad for the environment, so go electric...”. It’s not as if one time is enough, either! They show it the first time: okay it catches my attention. Oh wait. There it is again. And again. And again. I’m sick of it! You see, what these self-proclaimed environmentalists don’t observe is that the gasoline-powered automobiles have no proper solution yet. The electric vehicle is simply a gimmick that has been actively conning consumers for years. Yet none of us consumers have batted an eye and reconsidered this evolving movement? Most of us are idiots.

According to Singers(August 24,2017), ITEP’S (July, 2017), (July, 2017),(August 2011), and(December 2011), higher sales and gas tax in Connecticut have consequences and a solution proposed to reduce tax burden on low income family. Based on the readings and my understanding of this topic, I conclude that increasing sales and gas taxes in Connecticut to fix a budget crisis will be financially harmful to low income families and needs to be address with the new policy. Singer(August 24,2017), pointed out that, Connecticut legislators are deciding to increase the sales tax from its current level to 6.85 percent to fix a budget deficit, estimated to reach $3.5 billion in two years and improve state aid to towns. Based on Tax Foundation studies,

In today’s society, everyone seems to be in a rush. Convenience trumps nearly anything and everything. The closest and the promptest option is the one we often lean toward, regardless of the consequence or cost. One of the biggest convenience items within the 21st Century is gasoline. Regardless of the price, we often purchase this item at the most suitable site and time, especially when we are in desperate need of the item. Gasoline companies are alert that convenience is ideal; therefore, they alter gas prices to obtain the greatest amount of business.

The Energy Information Administration of the Department of Energy began tracking weekly gasoline prices in 1990 by means of a survey of 800 service stations around the country. The average retail price for unleaded gasoline posted its fourth record high during the week of June 12, 2000, increasing 5 cents a gallon to an average of $1.681. The price at the pump is higher than the same period last year by 56 cents and has risen 16.2 cents over the past month (Anonymous, 2000).

At some point in everyone’s lives, we are affected by the rising gas prices in today’s economy. Natural gas is not a renewable resource, since there is a fixed amount of it trapped in the Earth. However, many people carry the misconception that there is a very limited amount of natural gas, and that we may use all of it up. This isn’t true. The gas shortages of the 1970's were prompted by the government’s lack of faith in the industry’s ability to discover and develop new reserves, not by lack of gas supply. The unfortunate impression left by the shortages of gas in the 1970's caused the people to believe that there was a small amount of gas left. On the contrary, the gas resource base is vast, and probably even

Cars and truck account for 20% of all U.S. global warming emissions, where more than 24 pounds per gallon of carbon dioxide and other global warming gases come right out of the car’s tailpipe (“Union of Concerned scientists”). This frightening statistic is part of the reason why the federal government has put in place many policies and incentives such as the Clean Air Act, The National Program for greenhouse gas emissions, Catalytic Converter Federal Laws, and incentives of $12,000 in California to get people to upgrade to more fuel-efficient cars. With such programs and incentives put in places, it is also important that car companies such as Toyota and Ford also take action to further cut pollution rates. They have done so by

With billions of dollars invested and hundreds of thousands of Americans employed (Department of Commerce, n.d.), the automobile industry has a vast influence in the United States. Since the time Henry Ford developed the assembly line production (Statista, n.d.) the industry has grown into a global market with no signs of slowing down. Top car companies are constantly searching for new innovations to set them apart from their competitors. Among those companies is Volkswagen (VW). A company which strides in emissions and fuel efficiency turned, not only to be false, but caused a severe amount of damage (Ewing, 2016).

While many automakers continue to manufacture different types of electric automobiles, the question that needs to be answered is whether the market will fully embrace the new energy automobiles. Market forecast for the electric vehicles is expected to be approximately 13 million by the year 2020(Lewis). However, other companies forecast give a figure less than five million. The forecast has not been consistent unlike the market forecast for gasoline driven vehicles, which have proofed o double year after year. Market certainty is what matters, as manufacturers would like to produce products that do not stagnate in their stores but rather sale faster so they can maximize profit (Goldberg).

 It wasn’t until the early 1970’s that car manufacturers saw a need to restrict the pollutants from their automobiles.  Thus came the advancements of new emission controlling components in the vehicles.  There was the catalytic converter which changed carbon dioxide into carbon monoxide, this change still resulted in pollution but significantly decreased the harm done.  Next came EGR which is Exhaust Gas Recirculation and forces unburned gas from the exhaust back into the engine making the car far more fuel efficient and environmentally friendly.  Unfortunately the next thing to follow was a serious toning down of the power of the engines.  The earlier thoughts were that bigger and more powerful were better, however these types of cars sent pollution caused by automobiles into an exponential growth.  The internal combustion engine vehicles that are on the road right now account for the vast majority of the air pollution around the world.  The electric vehicles, however, have zero emissions.  If this proposal is passed, then the condition of the urban airways will be

The US consumed 142 billion gallons of gasoline in 2007 and the tax applied on it is 18. 4 cents on one gallon. All around the US, there are around 162,000 retail gasoline outlets. With the price of crude oil hovering around $100 a barrel, it is no wonder that concern is growing about the gas prices being so high. After all, modern economies are kept moving by this lifeblood. For instance, in the United States alone personal vehicles consume more than 140 billion gallons of diesel fuel and gasoline per year.However, there are several factors that contribute to the gas prices being so high. Given below are a few of them. Increasing Demand for Oil One of the main catalysts for the incessant rise in gas prices has been one of the most