Youth Politics

Here’s my source in case that comes into question:

http://www.wtrg.com/daily/crudeoilprice.html

Long time readers of this blog may remember a post I made about the price of gasoline called Three Dollar Gas Is Good!?

I had said that I would never see gas prices under two dollars ever again. Boy was I wrong.

The truth of the matter is, there were a lot of economists predicting that the price of oil would fall significantly. And significantly they did. I can buy gas for $1.59 at the pump today. That’s incredible, and only a few cents short of the prices I grew up with. So yes, I was incorrect in assuming that oil would not fall to those levels again. It’s just a testament of the power of the American people to influence global gas prices. We cut our consumption, and prices fall drastically. This of course is also heavily influenced by the current economic recession.

So what happens when the recession is over? Will gas prices jump back up again? You bet. We absolutely have to make sure that we control our consumption and not let the price of oil get out of control again. This means investing in renewable energy sources such as solar, taking more public transportation, using more fuel-efficient vehicles, and making sure we drive only when absolutely necessary. As a bonus, these measures are good for the environment too.

Have you done anything to cut consumption or have otherwise changed your consumption habits, and do you think they’ll come back to how there were years ago when the recession is over?