Gas prices in the U.S. are continually rising. The original price of gas went up about $10 last month in China. Last year we as country were paying $250 million less than we are now. Gas prices usually do rise in the coming spring season, but continuing to buy from outside countries is just putting a bigger price on oil. Our economy is facing some serious hard times, which is keeping
“For the oil industry, higher prices are naturally good news. Industry executives said they would encourage investment in Alaska and the Gulf of Mexico, and offset the impact of low natural gas prices.”
This is very good news to here. On my last research paper, I wrote about the oil deprivation in the United States. It looks like we are beginning to realize how expensive oil is getting from our outside sources. We are now looking into using our own resources and even giving more Americans a chance for new jobs.