Why do gas price increased?
Why do gas price increased?
The following article presents the history on gas price. If you have a particular interest in gas price, then this informative short is required reading.
It's really a good idea to probe a little deeper into the subject of gas price. What you learn may give you the confidence you need to venture into new areas.
Oil shortages cause high oil prices cause high gas prices. Cheney predicted Iraqi output would return to 3 million barrels per day by the end of 2003. It never made it back to pre-war levels and was below 1.5M barrels/day in January according to the Wall Street Journal and the Associated Press.
The oil experts talk about Iraq pushing the price up, but no one knows by how much. For comparison, the Dept. of Energy tells us that total world output is expected to grow by 0.8M barrels/day in 2006 which is this year.
Take time to consider the points presented above. What you learn may help you to understand more about the gas and oil price history.
The following article presents the history on gas price. If you have a particular interest in gas price, then this informative short is required reading.
It's really a good idea to probe a little deeper into the subject of gas price. What you learn may give you the confidence you need to venture into new areas.
Oil shortages cause high oil prices cause high gas prices. Cheney predicted Iraqi output would return to 3 million barrels per day by the end of 2003. It never made it back to pre-war levels and was below 1.5M barrels/day in January according to the Wall Street Journal and the Associated Press.
The oil experts talk about Iraq pushing the price up, but no one knows by how much. For comparison, the Dept. of Energy tells us that total world output is expected to grow by 0.8M barrels/day in 2006 which is this year.
Take time to consider the points presented above. What you learn may help you to understand more about the gas and oil price history.
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