From “Chicago-area gas prices up 11% in last month” by CNN
“In the Chicago area, gas prices have risen 11 percent, or 37 cents, in the last month to an average of $3.716, according to a daily survey by motorist group AAA. U.S. gas prices have increased for 13 days in a row, rising nearly 34 cents in that time, the second-biggest price jump in the history of the gasoline market, according to the Lundburg Survey.”
Questions for Consideration
How does the rise in gas prices affect other aspects of our economy? Why is there a need to reduce our dependency on foreign oil? How are you personally affected by the increase in gas prices? What is the connection between job loss and expensive gas? Should President Obama think about tapping into our oil reserves? Why or why not?
Want to learn more?
- Oil: The supply side
- Chart: Why $4-Per-Gallon Gas Is Damn Cheap
- Their View: Energy policy: Actions speak louder than words
- Gas Price Spike: A Long-term Job-Killer?
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