The Importance of Gasoline

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The Importance of Gasoline

As the driver pulls up next to the gas station to fill his car up with gas, he sees a small piece of paper with writing on it taped to the old rusty gas pump. Surprised, he gets out of the car to read the paper, “Due to the gasoline shortage, we will not be selling gas at this time.” According to the EIA.gov website, there are over 200 million vehicles being used today, and gasoline is the number one transportation fuel used in the United States. We can safely say that gasoline is a pretty important. If there was a shortage of gasoline, it would have a huge effect on this country. First a gas shortage would affect the price of fuel and then suburbs would become less attractive; it would also increase the use of cars that are less expensive to fuel and the use of public transportations.

The first effect of a gas shortage would be an increase in the price of fuel in this country. Ever since the year 2001 there has been a trend of gas prices increasing. According to an article written by K. Bonsor and E. Grabianowski titled “How Gas Works”, in May of 2008 the average price of gasoline was over four dollars per gallon and increased almost every month after. A gasoline would raise the price of gas even more than usual. There are two main reasons why a gas shortage would make the price of fuel increase. The first reason is supply and demand. When there is low supply and high demand, the price of fuel will increase. If there is a high supply of fuel and a low demand of fuel the price of fuel would generally decrease. A gas shortage would have an effect on the supply of fuel by lowering the amount available. This would then increase the price of fuel. The othe...

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... on us. First a Gas shortage would raise the price of fuel, then it would affect where we would live. A gas shortage would also affect what kind of transportation we would use. A shortage of gas would raise the price of fuel because of supply and demand, and because of the monopoly the O.P.E.C. has on oil distribution. Then a gas shortage would also have an effect on the amount of people living in suburbia because they would not be able to afford to commute from the suburbs to the city every day. A gas shortage would also force us to use cars that are less expensive to fuel. Since the price for charging an electric vehicle is as inexpensive as forty five dollars every month, an electric car would be a perfect alternative to regular gasoline powered car. Finally the gas shortage would increase the use of public transportation. Cities would see an increase of people

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