Friday, March 14, 2008

Gas prices up again

Gas prices up again
By: Tyler Graves


As of yesterday, gas prices have jumped up another 10 cents. Does fuel have an economical impact on consumer goods and products? Apparently President Bush claims that the high gas prices have nothing to do with our so called “economic slowdown”. Fuel prices are making it harder and harder for consumers to buy wants and needs. Just the other day I talked to a lady at work that said she was moving back to Denver just because she can’t afford to pay for gas to commute forward and backward to work. She claimed to have a high mileage economy car with 30 plus miles to the gallon and it still wasn’t enough. With inflation not being able to keep up with gas prices, consumers are buying less and less and practically working just to put fuel in their vehicles and pay for necessities. The other day, I heard that President Bush went to OPEC asking them to produce more oil, and OPEC turned around and said ‘all of the other countries are doing just fine with there oil consumption procedures, why is America having such a problem?” Either way, come to find out, Bush took 30 million barrels of oil out of the oil reserves and said he would replenish them and guess what, he never did! Ironically, American auto makers are now freaking out because the Japanese auto makers are making all of the fuel efficient and non oil consuming vehicles. Supposedly by 2009 Honda is sending over 250,000 hydrogen fuel cars that run off of solid nitrogen and give off nothing but 100 percent pure water. So apparently, the U.S. isn’t already in a recession and obviously we aren’t going to change our ways till it’s too late.