Gas Tops $3.50, With Little Hope for Relief

The above headline of this article by Jad Mouawad of The New York Times announces very dire circumstances.  Gas and oil prices are only going up.  This is not reason to complain more, ask for a tax relief, or conjure away for the oil producers to decrease their prices.  The need here is for more people to continue seeking more alternatives to gas consumption.  The article also points out a small bright side: Americans are using less oil.

In the United States, the combination of steadily rising gasoline prices and a slowing economy has cut into gasoline consumption. As a result, demand for gasoline is headed for its first annual drop in 17 years, according to forecasts by the Energy Information Administration, an Energy Department agency.

This year, American drivers are expected to use an average of 9.26 million barrels of gasoline a day, compared with 9.29 million barrels a day in 2007. While so modest a decline, about 0.3 percent, does not sound like much, gasoline demand typically increases by 1 to 2 percent a year.

If you’re interested in decreasing your oil consumption, see these tips from Al Gore’s web site, Climate Crisis.

The other items worthy of note in this article are the immediate causes of this price hike:

  • a Nigerian rebel group had blown up pipelines in the Niger Delta
  • An earlier attack on a pipeline, last week, forced Royal Dutch Shell to curtail exports by 169,000 barrels a day.
  • a Japanese oil tanker was damaged Monday when it was attacked by a small boat off the coast of Yemen, the tanker’s owner, Nippon Yusen, said. The tanker, the Takayama, was hit by a projectile.

Rebels and pirates.  These events read like something out of a futuristic apocalypse movie like Mad Max or Waterworld. Maybe considering how these hitherto dreamed of as only fictional events will force people to action.  The fact that it already has to a certain extent encourages optimism, I just hope the change goes down before we end up living like the inhabitants of Arrakis.

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~ by jaredran on April 21, 2008.

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