Mountain State University
English week 3 identification 3
November 13, 2011
The cause for higher ve rentable oil prices
The medias attention is last focused on oil prices. Back in declination year 2010 we saw the highest splash prices for the month of December in our nations history. This past summer of 2011 consumers were hit more than harder than in the summer of 2008 when the prices were above $4/ congius there atomic number 18 ten things we all need to know near high blow prices and Osamas oil policy
ga bushelne prices are skyrocketing under President Obama. President Obama has crippled house servant oil exploration. President Obama has shut down the existing oil drilling infrastructure in the united states. The Obama permitorium is costing the politics much needed r scourue. The gulf accounts for more than 25% of national oil production.
The Obama administration has been held in contempt of court. Jobs are being killed by Obamas oil prices Jobs are just out rectify being killed and the economy is getting worse. And by decreasing our national supply increase foreign dependence. Renewable energy is non the answer to the Mideast turmoil.
And for the record the middle east is not the sole cause of rising oil prices.
High oil prices are usually caused by high prices for crude oil which accounts for 55% of the price of gasoline. Distribution and taxes also influences the remaining 45% of gas prices also in May 2011 as oil prices dropped gas prices stayed high.
In the summer of 2008 gas prices did rise to $4/gallon as oil prices skyrocketed to $145 a barrel even though demand and supply were fairly constant. But comparable most commodities on the market oil prices have go through wide price swings between those times of great...If you want to get a full essay, order it on our website: Ordercustompaper.com
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