|
Price of Addiction ### to Foreign Oil |
|
PEAK_RATE_LESS_CURRENT_RATE
gallons/day
Current world oil production rate difference below peak. |
| Oil production | OIL_PRODUCED | gallons (since page opened) |
| Peak production rate | PEAK_RATE | gallons/day (PEAK_MONTH) |
| Current production rate | CURRENT_RATE | gallons/day |
| Difference | PEAK_RATE_LESS_CURRENT_RATE | gallons/day |
Gasoline is the bloodline that keeps America moving and tracking gas prices can feel like a roller coaster ride. They're down a little one month, up the next, and then they shoot up more than 50 percent in a year. Plus, they're different depending on where you look. Other countries and even other states and cities can have very different gas prices from your local Gas-N-Go. To the average person, it probably seems as though there's little rhyme or reason to how gas prices are determined. In this article, we will look at the forces that impact the price of gas at the pump, and we'll find out where your gas money actually goes.
mericans have an insatiable thirst for gasoline. Just look at the amount of traffic on roads and highways, and you'll see that a severe gas shortage would practically cripple the United States. Americans drive nearly 3 trillion miles per year, according to the Motor and Equipment Manufacturer's Association (MEMA). That's about 820 trips from the sun to Pluto and back.