Here is my teachers thought on gas prices:
Gasoline Prices
The price of regular gasoline may reach $4.00 per gallon in some parts of the United States this summer. That's good news in one respect. At prices above $4.00 per gallon (crude prices above $70) OPEC will face serious competition from other forms of fossil fuel (tar sands in Alberta) and alternative energy sources (nuclear, wind and solar). The United States will finally be taking baby steps away from dependence on oil in the politically messy Persian Gulf. OPEC need not worry as the Chinese and Indians will suck up as much oil as they can produce over the next 40 years. Finally the geo-political problems of the US that are related to dependence on oil will begin to subside. In as little as one generation we may be nearly free of dependence on oil from the Persian Gulf.
The price of regular gasoline may reach $4.00 per gallon in some parts of the United States this summer. That's good news in one respect. At prices above $4.00 per gallon (crude prices above $70) OPEC will face serious competition from other forms of fossil fuel (tar sands in Alberta) and alternative energy sources (nuclear, wind and solar). The United States will finally be taking baby steps away from dependence on oil in the politically messy Persian Gulf. OPEC need not worry as the Chinese and Indians will suck up as much oil as they can produce over the next 40 years. Finally the geo-political problems of the US that are related to dependence on oil will begin to subside. In as little as one generation we may be nearly free of dependence on oil from the Persian Gulf.
1 comment:
i agree, the problem is it doesn't benefit me directly...
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