Wednesday, February 23, 2011

Unrest in middle east means high gas prices for US

Each morning on my way to school I pass a 76 gas station and a Chevron the prices seemed to keep rising every time I passed by. The reason for it is all the unrest in the middle east. Specifically Libya. Even though such a small percent of of the US's oil actually comes from Libya, price per barrel pass $100 this week. The price per barrel of crude oil hasn't gone into triple digits since October of 2008. Being senior with a car,this issue seems a lot more pressing to me than is was when gas prices went soaring 2 years ago. Many of us pay for our own gas, so now with rising gas prices we need to be more conscious of how much we use our cars and also try and carpool as much as possible. The school parking lot has about 3-5 parking spaces reserved for people who carpool to school,so be courteous and don't take the spaces unless you actually carpool to school. Also disclaimer** I'm not abdicating that you carpool if your under 18 and haven't gotten your year yet.

Now that Obama has officially come out and said its time for Gadhafi to step down as leader, the unrest in Libya will soon die down enough that oil production returns to normal.

1 comment:

Joshua Chan said...

Man, looking at this picture now, everyone would LOVE to see these gas prices. Instead, the average unleaded gas prices ranges from $4.10-$4.25 today. It's just really unfortunate to see the ongoing crisis in Libya has frustrated many Americans with gas prices. The gas station prices near my home goes up two to three cents almost every week or two!!! Even though the situation in Libya has been tuned down, America continues to see gas prices slowly increase throughout the country.