As many know in America the gas prices are double what they were 10 years ago and are currently still growing higher almost reaching $4.00 a gallon. Many people say that President Barack Obama is to blame for the trending prices but when going into a deeper observation in the matter he is not. Gas prices continue to rise mainly because of: Consumer demands, automobile production, and the political strife in the oil producing countries. The growing conflict in the world demands more oil to be used, since oil is also not a renewable resource the demand gets higher as the refineries begin to run dry. No they are not dry at the moment, experts say we have about over 40 more years of oil. But it is still a cause of higher price.
Currently the president has been working toward alternative forms of energy such as electric, wind power, solar power, etc. We are currently in the age where we have to push forward towards those practices so that they can get off the drawing board and into efficient use and production. A theory is that perhaps oil companies are raising there prices because Obama is striving towards other forms of energy, but that is an unfair accusation. The people need to realize that though prices are higher than they have ever been, they did not just jump to where they are, they grew slowly over time to become what they are today.
http://www.washingtonpost.com/business/economy/voters-blame-president-for-gas-prices-experts-say-not-so-fast/2012/03/12/gIQA8fsO8R_story.html?hpid=z3
Darn straight. I can't believe how quickly some people are to place blame.
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