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Essay

Oil and Gas Prices

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Randa G

 

Date added:

January 17, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1338

 

Was viewed:

7613 times

 

Rating of current essay:

 
Essay content:

The strongest of these factors is the oil and gas industry, which with rising oil and gas prices affect the American economy. With the current high costs of oil and gas in the United States, the oil and gas prices have a tremendous effect on the American economy. One of the factors that determine if the economy is strong is when there are large amounts of oil in the United States reserves, and an increase of active drilling for crude oil...
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When the United States has more reserves and is actively drilling for more oil is when the prices of gas and oil start to fall. People are able to use more oil and gas, because the United States has more oil which helps keep the cost down on gas and oil. When oil and gas prices fall people can save more money on the cost of fuel; therefore people have more money to purchase other items, which in turn helps the economy...
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