This essay is about why gas prices change. It includes background information on petroleum as well as the way the gas economy works.
Title: This essay is about why gas prices change. It includes background information on petroleum as well as the way the gas economy works.
Category: /Business & Economy/Economics
Details: Words: 1420 | Pages: 5 (approximately 235 words/page)
This essay is about why gas prices change. It includes background information on petroleum as well as the way the gas economy works.
Category: /Business & Economy/Economics
Details: Words: 1420 | Pages: 5 (approximately 235 words/page)
Why Do Gas Prices Change?
When thinking of modern technology, it is hard to think of anything that does not require some type of oil to power it. As a society, we are completely dependent on oil. Oil was formed millions of years from the remains of animals and plants in a marine environment. Layers of mud covered the remains while heat and pressure helped turn the remains into crude oil, or petroleum. The word "…showed first 75 words of 1420 total…
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…showed last 75 words of 1420 total…EIA Short Term Energy Outlook. Department of Energy. April 27, 2002. <http://www.eia.doe.gov/emeu/steo/pub/special/SummOut/2002/Summogas2002.pdf>.
Trench, Cheryl J. Oil Market Basics. EIA's Petroleum Division. 2001. Energy Information Administration. April 19, 2002.
<http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/oil_market_basics/default.htm>.
Transportation Prices. April 4, 2002. Statistical Abstract of the United States. April 30, 2002. <http://www.census.gov/statab/www/part4.html#prices>.
