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Consumption Rate Of Oil

Oil and gasoline prices had been a problem since individual vehicles had actually entered the market. After the Katrina United States current economic growth is not even sustainable under the recent oil price surge. Even though the Department of Energy does not feel that oil prices are high enough to cause a recession, the consequence of high energy costs cannot go unaddressed.
Government has to start looking and actually spending money on solutions to this consumption problem immediately. This is the biggest problem driving United States economy to inflation.
It is proven by a fact that reducing the biggest consumption in the market would affect the aggregate demand graphs which would directly affect the economy negatively. So there should be other options to reduce the recession. Isn't it true that finding new energy sources to take the place of oil use would reduce this problem?

High Oil Consumption in U.S. Constraining Supply
By Joseph D. Villalon

OPEC raised the......


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Approximate Word Count: 2202
Approximate Pages: 9 (250 words per double-spaced page)

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