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Essay

Today's Rising Gas Prices

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Tina M

 

Date added:

December 8, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 935

 

Was viewed:

6388 times

 

Rating of current essay:

 
Essay content:

This isn't true. The gas shortages of the 1970's were prompted by the government's lack of faith in the industry's ability to discover and develop new reserves, not by lack of gas supply. The unfortunate impression left by the shortages of gas in the 1970's caused the people to believe that there was a small amount of gas left...
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On the contrary, the gas resource base is vast, and probably even larger than currently estimated. People are often confused by the difference in "proved reserves", those that could be economically produced with the current technology, and the total natural gas resource base. Before the 70's, oil from the Middle East was very cheap, and in North America, it was about $4 a barrel...
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General issues of this essay:
High Pump Prices: Oil Demand and Supply Factors Oil Prices To Fall Down Products, Services, and Prices in the Free Market Economy: Price Elasticity of Demand Rise & Fall Of Oil Prices In 2008 - Speculation Rising Food Prices rising gas prices The Economic Impact of Rising Oil Prices in Automotive Industry The Economic Impact of Rising Oil Prices The Impact Of Ethics In Rising Gas Prices The Impact Of Rising Oil Prices On The South African Economy In Relation To The Demand And Supply Of New Motor Vehicles rising perscription drug prices Today's Rising Gas Prices Why Gas Prices Are Rising Why Gas Prices Are Rising The Social Effect of Rising Gas Prices on The Lower Class, and Small Business Owners
 

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