Saturday, June 15, 2013

Gas Prices

Oil. It's something we Americans use every day. Be it for our cars or for other purposes, it plays an integral part in our lives. However, it seems there is a monopoly on how to get it. We only seem to want to get it from overseas, which leads to gas prices soaring, as the oil prices per barrel skyrockets. We can't even trade to get this item. The nations that produce it know that since we need oil in our lives, we will pay whatever price it is to get it. They specialize in this market. Is it unjust that they charge such outrageous prices for what they produce? Absolutely. But until we achieve other means of energy that will power not just a few things that are in our lives, but EVERYTHING in our lives, we cannot stop needing oil. Therefore, we will continue paying their ridiculous prices. The oil nations have us in what can be surely described as a stranglehold and we slowly try to find a way out of it, be it other sources of fuel such as E-80, which is made from corn or electric power, which is becoming more and more common. Still, oil is the main source needed to power the majority of things we use and we will still be needing to pay for it for a few more years.

1 comment:

Larry Eubanks said...

No monopoly here.