Rising Gas Prices By Mitch Simon

The use of solar energy has not been opened up because the oil industry does not own the sun. ~Ralph Nader

The use of solar energy has not been opened up because the oil industry does not own the sun.

~Ralph Nader

So How did this all Start? 1978-1981 Gas prices were steady until Ronald Regan stepped into office and ended federal regulation of oil companies. Then: about $1.50/gallon Now: about $4.00/gallon

1978-1981

Gas prices were steady until Ronald Regan stepped into office and ended federal regulation of oil companies.

Then: about $1.50/gallon

Now: about $4.00/gallon

The Initial Impact Didn’t really have a huge impact initially The concern grew more and more over time People thought that prices would eventually decrease

Didn’t really have a huge impact initially

The concern grew more and more over time

People thought that prices would eventually decrease

Impact on Today’s Society Effects a vast amount of companies Is making people rethink their options Causing some companies to lay off more workers Making people more aware

Effects a vast amount of companies

Is making people rethink their options

Causing some companies to lay off more workers

Making people more aware

Causes of Rising Gas Prices in Today’s Society Global Supply vs. Demand for Crude Oil Taxes Conflict in The Middle East (Iran, Iraq) Lack of Federal Regulation

Global Supply vs. Demand for Crude Oil

Taxes

Conflict in The Middle East (Iran, Iraq)

Lack of Federal Regulation

Gas Prices Video

How Can We Help and Save Money? Purchasing vehicles that receive a high rate of miles per gallon Using other means of transportation Not driving as much and only driving when you need to

Purchasing vehicles that receive a high rate of miles per gallon

Using other means of transportation

Not driving as much and only driving when you need to

So What should the new administration do? There is very little they can do but some ways could include: Reducing or eliminating their federal tax Regulating the oil companies and how much they charge for a gallon of gas Drilling in available areas with a large amount of oil

There is very little they can do but some ways could include:

Reducing or eliminating their federal tax

Regulating the oil companies and how much they charge for a gallon of gas

Drilling in available areas with a large amount of oil

What's in for the future? If Something is Done: Newer Modes of Transportation Alternative Fuels that the everyday person could afford Gas Prices would be decrease and remain at a reasonable price If trends continue without change: Gas Prices will hit higher record prices The Economy will suffer Citizens will be forced to rethink their options

If Something is Done:

Newer Modes of Transportation

Alternative Fuels that the everyday person could afford

Gas Prices would be decrease and remain at a reasonable price

If trends continue without change:

Gas Prices will hit higher record prices

The Economy will suffer

Citizens will be forced to rethink their options

What Do I Think? I Strongly believe that the following is definitely needed: Regulation of Oil Possible alternative fuels that aren't expensive To Not get involved with Iran Drilling in Accessible areas

I Strongly believe that the following is definitely needed:

Regulation of Oil

Possible alternative fuels that aren't expensive

To Not get involved with Iran

Drilling in Accessible areas