There is a saying that goes “when you’re ready to start driving, you’ll have to pay for fuel”. That is true for gas as well as the cost of oil. I just wrote an article on the cost of oil and how it affects the price of gas. I’m going to post a link to it at the bottom of this post.
Gas prices have been on a downward trend since 2009 and last summer a price spike was seen in the USA. However, the surge in oil prices in October and November of this year hasn’t had any effect on oil-related prices. Gas prices in the USA on average are now the highest in the world. This is partly because the USA has the highest crude oil production in the world, so its natural gas production is even higher than it was before.
The reason for the increased gas prices is the shale gas boom that has occurred in recent years. The shale gas boom is made up of a number of different gas-producing areas like Texas, North Dakota, Pennsylvania and Ohio. This has led to a lot of natural gas being produced in the USA, and some of this production has gone to Europe. This has resulted in a lot of gas being pushed into the UK and Europe.
While the shale gas boom has been happening in the US, it has also spread to Europe, specifically Italy, Spain, Greece and Ireland. This is the reason for the gas price increase. The cost has doubled, as the shale gas boom is pushing the price up even more.
While the shale gas boom has been happening, it’s also spread to Europe, specifically Italy, Spain, Greece and Ireland. This is the reason for the gas price increase. The shale gas boom is pushing the price up even more.
Gas prices are based on the price of a barrel of oil. Gas prices are now up to $16 per gallon in Italy, $17 in Spain, $19 in Greece, and $15 in Ireland. This is because gas is a very dirty fuel. The fracking process releases natural gas which is the cheapest fuel to use. This is why the fracking industry is booming in the US and Europe.
The new US gas bill, signed by President Obama in September 2014, states that the state gas tax will increase to 4.2 cents per gallon (about $9.50 per gallon) beginning January 1, 2016. This is the same rate as before.
In addition to the price hike, the bill also increases the number of “flexible” gas stations, or sites that will pump gas at a lower rate, from about 350 to 750 by 2016. The bill also allows states to decide that certain cars can be used as “flexible” fueling stations.
While this is a good thing, I don’t think this will have a huge impact on price. The US gas price has been going up for quite a long time in general, so if this bill actually has any effect it will surely only be in a small way.
For most people, gas is a pretty minor part of their monthly budget. That said, if gas prices continue to rise in the future, the increased number of flexible gas stations will undoubtedly have an effect on the price of gas. As we’ve already seen, some flexible gas stations have been built, so it’s entirely possible that the number of gas stations could increase to a point where they start to have a negative impact on gas prices.