Antonette Powers Mountain State University English week 3 recognition 3 November 13, 2011 The repay down for higher ve rentable oil charges The medias at gotion is last focused on oil prices. impale in declination year 2010 we saw the highest splash prices for the month of December in our nations history. This past pass 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 do in prices and Osamas oil policy ga bushelne prices are skyrocketing nether President Obama. President Obama has crippled house servant oil exploration. President Obama has shut down the existing oil drill infrastructure in the united states. The Obama permitorium is costing the politics lots needed r scourue. The gulf accounts for more than 25% of subject field oil production. The Obama administration has been held in contempt of court. Jobs are universe killed by Obamas oil prices Jobs are just out vivify being killed and the economy is getting worse. And by decreasing our subject supply increase foreign dependence. Renewable energy is non the make out to the Mideast turmoil.
And for the record the middle east is not the sole cause o f rising oil prices. High oi! l prices are commonly caused by high prices for crude oil which accounts for 55% of the price of gasoline. Distribution and taxes similarly 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 around commodities on the market oil prices have go through and through wide price swings between those times of great...If you want to get a full essay, order it on our website:
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