Oil and Gas Shortage Cause and Effect Essay by Write Fine

Oil and Gas Shortage
A look at the causes and effects of the oil and gas shortage in the United States.
# 112728 | 1,407 words | 8 sources | APA | 2009 | US
Published on Mar 05, 2009 in Economics (National)

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The paper discusses the oil and gas shortage in the United States and the effects this has had on the American economy. The paper attributes the rise in the cost of oil to the improved standards of living and limited natural resources, a weakening American dollar, speculative operations on the international market, the regulations implemented by the Organization of the Petroleum Exporting Countries (OPEC) and the conflicts in the Middle East.

Oil and Gas Shortage within the United States
Causes of Oil and Gas Shortage

Sample of Sources Used:

  • Leonard, A., 2008, The Story of Stuff, http://storyofstuff.ethicalbrand.org/ last accessed on May 30, 2008
  • Wallace, E., May 13, 2008, The Reason for High Oil Prices, Business Week, http://www.businessweek.com/lifestyle/content/may2008/bw20080513_720178.htm?campaign_id=rss_topStories last accessed on May 30, 2008
  • Xuequan, M., April 18, 2008, Weak Dollar Not Sole Reason for High Oil Prices, Xinhua News Agency, http://news.xinhuanet.com/english/2008-04/18/content_7999121.htm last accessed on May 30, 2008
  • 2004, Why are Oil Prices so High?, BBC News, http://news.bbc.co.uk/2/hi/business/3708951.stm last accessed on May 30, 2008
  • 2007, International Natural Gas and Liquefied Natural Gas (LNG) Imports and Exports, Energy Information Administration, http://www.eia.doe.gov/emeu/international/gastrade.html last accessed on May 30, 2008

Cite this Cause and Effect Essay:

APA Format

Oil and Gas Shortage (2009, March 05) Retrieved February 06, 2023, from https://www.academon.com/cause-and-effect-essay/oil-and-gas-shortage-112728/

MLA Format

"Oil and Gas Shortage" 05 March 2009. Web. 06 February. 2023. <https://www.academon.com/cause-and-effect-essay/oil-and-gas-shortage-112728/>