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…
You are viewing only a small portion of the paper.
Please login or register to access the full copy.
Please login or register to access the full copy.
…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>.