Gas And Oil Inflation And What Gov't Can Do
Gas and oil are now starting to affect us in all aspects of life. This is happening since the prices of both are significantly increasing and going out of control. Gas or gasoline is a non-renewable fuel made from petroleum. Petroleum is a mixture of liquid, gaseous, and solid hydrocarbon compounds found naturally underground. Refineries in the U.S. can produce about 20 gallons of gasoline from every 42-gallon barrel of crude oil that is refined. Gasoline is most used in the U.S. passenger vehicles with internal combustion engines. Americans use about 385 million gallons of gasoline every day. With about 299 million people in the U.S., that equals more than a gallon of gasoline every day for each man, woman, and child. Since the U.S. doesn’t produce enough crude oil to make all of the gasoline used by American motorists, we have to import it from other countries in order to supply the demand (Gasoline: A Petroleum Product). Some gas companies that are directly connected to supply......
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