Monday, February 25, 2013

February highs for gas prices

As I predicted, gas prices in America have soared to all-time seasonal highs. According to AAA spokesman John Townsend, ‘February “is the most expensive we’ve seen gasoline in the dead of winter.”

Despite vehicles becoming more fuel-efficient and more people growing conscious of the miles they're driving, the bills just aren't reflecting this progress. In a study performed by the U.S. Department of Energy, the typical American family spends roughly $3,000 a year on gas. This includes heating the house. Driving to work. Things that, if re-imagined, could be accomplished just the same via alternative energy sources.

In February, the national average for gasoline rose to $3.80 a gallon. (On the West Coast of California, it's more like $4.00 plus) This price depends on a number of factors, of which the American Institute for Energy Research has broken down into four basic components:

1. World markets
2. Refining costs
3. Taxes
4. And distribution markup.

Saudi Arabia produces 700,000 fewer barrels now compared to a year ago. As a result, market competition between Iran and Iraq has increased. Add to that the current civil uprising in Syria, another major crude oil producer, and it's no wonder why, with the American government's dependency on foreign oil, people are paying the price. There are even talks of America raising the national gas tax, which has been stable at 18.4 cents per gallon for almost twenty years. 

It seems like everything costs more these days. From diapers to highways, as the costs of raw materials rises, so too will taxes. If history has proven one point: it's that citizens have rarely given into increased taxation without some sort of push back. Families are already struggling to survive and cannot afford to pay more for gasoline. IT'S TIME FOR AN ALTERNATIVE.

And not just a hypothetical one, either. We need real solutions, like the one offered by NRGLab. Their crystal technology produces natural electricity that's not only green and good for the environment, but good for the American wallet as well. Because times are tough. The government needs to stop offering temporary solutions to structural issues (like the gas tax hike), and repair the structure from the foundation up. 

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