Gas Prices

Paper Summary:

The purpose of this paper is to introduce, discuss and analyze the topic of gasoline prices in the United States and offer some insight as to why they are so high. Specifically, it answers the question "Do Americans really have a right to complain?" It also discusses European gas prices, and why they are higher than America's, as well as some alternative fuels that might help ease gas prices in the United States.

From the Paper:

"American gas prices may be higher than we have ever encountered before, but they are much lower than gas prices around the world. American drivers are spoiled. They tend to drive large, inefficient vehicles, and then rant about the high price of gasoline. They drive long distances for work and play, using more gasoline per capita than residents of many foreign countries. American drivers also rely heavily on their vehicles, rather than using more efficient and fuel-friendly alternatives, like carpooling or public transportation. We depend too much on foreign oil, a resource that is non-renewable. We need to develop more alternatives to our dependence on gasoline by researching more efficient fuels and automobiles, like the hybrids that have recently been developed by Honda and Toyota, which use a mixture of gasoline and electricity to provide better gas mileage while using less gasoline. Our dependency on oil must stop, or one day, our children will wake up to world without gasoline."

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