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... As I pulled out of the gas station with a notable dent in my wallet I remembered just a year ago when I bought my car I could fill it up for less than twenty bucks. ... I strongly wanted to know why I am paying so much, and if the prices were going to get higher or if they would ever go back down. Also, I was very motivated to explore the process in which it takes to get a gallon of gas, and how that process relates to the price per gallon.
Before I began my research I wanted to relate how gas prices effect my everyday life. I started with the most obvious, I needed gas in my car. ... From the planes I fly on, to the electricity that I use, all relates to gas prices. ... When thinking of gas prices relating into my life it’s not just my car that is a concern, it is nearly every physical possession that I own or use.
If the market for gas were to rise, and corporations and industries charged more per gallon, like they are now, then me filling up at a gas station is a small factor when considering the global aspects to this problem. When the gas prices rise, then this effects all areas of commercial, industry, and residential in which case causes all businesses to charge more for all/any items (Hannesson 84). ... This ponders the question, why do gas prices increase?
I had some ideas of my own of why prices could be so high, and why they continue to increase. First, I figured that the war with Iraq would be the main factor of high gas prices. Also, I knew that around the labor day weekend, when people are traveling, gas prices go up.
Approximate Word count = 1421
Approximate Pages = 5.7
(250 words per page double spaced)
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