Gas Cost Analysis

Good Essays
gas and oil costs changed and additionally they have made everything else go up in expense. The normal expense for fundamental things and the way that people are living is influenced by these expanding costs. In this paper I will analyze the different ways that these expenses are impacting standard life. The way that everyone has changed things in there life would be transportation and business costs.

Gas Prices have changed an impressive measure consistently and it is from every angle growing in cost and that it is not going to change. As demonstrated by Foreman (2008), in 1981 the cost for every gallon was $1.35 and now the cost is between $2.84 to $3.23 . A part of the reasons that the cost of gas is going up is an aftereffect of the expanding
…show more content…
Taking the vehicle just costs around $15 dollars a month "( Pass and

arrangement information, 2008)" and people can ride on it the same number of times as they need to in a

month. This is an OK way for people to extra money and will have the ability to live without having to

stress over how they are going to get a round. Auto pooling is a remarkable way to deal with have the ability to spare cash on

gas and trade and out expansion for people to have the ability to take up with each other. There is in like manner other

techniques for saving money, that is to walk and ride a bike.

Gas and Oil Prices 4

The growing expenses in reliably life are going up and is making it harder for LOW INCOME

families. The cost of fundamental supply 's are going up and is making it hard for families that simply have a set

measure of money a month to pay there bills, buy sustenance, pay for gas, and the rest for them to live.

With these costs going up it is making it harder for elderly individuals to have the ability to live there

standard lives. Case in point the cost of milk has gone from "$.85 in 1980 ( Romans, 2007)"
…show more content…
Gas and Oil Prices 5

The calling that I am in being a thought supplier costs me heaps of money. The reason is that I

am voyaging no under 60 miles a day for work. I have to take my clients to their

courses of action, to buy sustenance and what ever else that they require. So I am topping off my auto at

least a couple occasions such as perfect timing. Which costs me around two hundred dollars every two

weeks and with this it costs me heaps of money. My occupation just pays by the mile when I have a client

in the auto, so they don 't pay for me to drive 40 miles a day to see one client, which isn 't right.

That leaves my pay check and I make over the most minimal pay allowed by law in spite of all that it doesn 't help.

In this paper I have discussed and found that the expanding costs of gas and oil costs have raised

costs in customary life. The effects of this are crucial for all to see and for everyone, to be

prepared to appreciate it. Everything that was talked about in this paper is stuff that families need to

oversee conventional. I believe this article has served to shad light onto this subject and had any kind of

Related Documents

  • Decent Essays

    They are more likely to sell their body parts than someone who is financially comfortable. Even now when it is illegal to sell your organs, gangs still take advantage of poor people. A researcher named Syed Naqi and his team have traveled around the world and interviewed organ sellers. While in Pakistan they interviewed 239 people. They found that 62% of them earned between $10-$30 USD every month.…

    • 1744 Words
    • 7 Pages
    Decent Essays
  • Decent Essays

    Minimum Wage Solution

    • 952 Words
    • 4 Pages

    Furthermore, the minimum wage worker only makes $15,080 before taxes, working a year round, full shift (Wing, 1). The difference between these two figures is truly monumental, and shows the harsh rewards for long hours of work. It is clear that employees with families must receive more compensation in order to supply their family with daily necessities. However, an independent can live off minimum wage with strict budgeting (Halligan, 1). Because it has been attempted and proven to be efficient, we know that certain members of the population may fill the spots within smaller companies giving lesser pay, and therefore provide individuals jobs while still benefitting the…

    • 952 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    Health Care Is Unfair

    • 710 Words
    • 3 Pages

    My father is a prime example. He is in the higher poverty class because he owns his business and brings in too much money to get insurance. He literally has to pay $1600 a month to get insurance if he wants it, or he will pay a fine each year not being insured. Even know he pays $1600 a month he will still have a deductible to meet. Either way he is getting tacked.…

    • 710 Words
    • 3 Pages
    Decent Essays
  • Decent Essays

    Motorcycle Risk

    • 1251 Words
    • 5 Pages

    According to my friend, if he bought a bike he would only have to pay twenty dollars a month to pay for his insurance compared to those who pay a hundred or more for their car. Not only that but it only cost 180 dollars to have absolute full coverage for the motorcycle ranging from tipping the bike over to having a lightning strike hit a tree near the bike and actually hit the bike. Crazy as that sounds they do have that option. Bikes are also very cheap. I wouldn’t have to worry about paying it off compared to a car where I won’t be able to pay it off even if a decade has past.…

    • 1251 Words
    • 5 Pages
    Decent Essays
  • Decent Essays

    My husband and I just know the second National Great Depression will soon become a reality. With the way fuel prices are climbing, other things we need to survive will soon have their prices rise along with fuel. We are taking steps to prepare for this. My husband and I make a total of $2,300 per month. That is not too bad in the part of the country we live in, but as gas and other expenses continue to rise, we seem to have less and less money per month.…

    • 3304 Words
    • 14 Pages
    Decent Essays
  • Decent Essays

    Initially Jenny is happy about her decision. She is able to pay the mechanic and get back to work. Then the deal that Jenny was sure would go through falls apart. The pay day company is taking $250 dolars from her account each month but with an interest rate of over 95%, Jenny realizes thst she will have to pay this monthly fee for ten years to satisfy the debt! Not only that, the "extra" she borrowed is sitting in her savings account earning 2% interest but all the while she is paying 95% interest on it.…

    • 2125 Words
    • 9 Pages
    Decent Essays
  • Decent Essays

    Raising Minimum Wage Laws

    • 1503 Words
    • 7 Pages

    As gas prices go up, people need more money to purchase the gas. If minimum wage workers can 't afford their gas to even get to work on time, they will be in jeopardy of losing their jobs due to rising prices with rising demand along with the improvement of our economy. When the economy grows stronger people earning minimum wage need increased…

    • 1503 Words
    • 7 Pages
    Decent Essays
  • Decent Essays

    College tuition has gone up every year since 1978, forcing the student to take the loan than any other previous generation to go to college. If the student starts tagging on the prices of the books, room and board, dining, clothing, car maintenance, gas and other expenses, it becomes nearly impossible to attain a college education. The Federal government needs to raise the minimum wage. Raising the wage rate is helpful for the students because recent wage rate does not cover the whole cost of the study also students also take the loan, family support to fulfill their…

    • 1438 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    What are your major stressors, at home and at work and/or school? For me my major stressor at home is money. I make decent money and so far I have been blessed to be able to pay my bills. I recently bought a new car, I did need a new car but I stress about the payment each month. With the car payment my money is a little tighter and I stress that there will be a month with unexpected expenses and I will be unable to make my payment.…

    • 1566 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    Ethical Issues Of Peak Oil

    • 1165 Words
    • 5 Pages

    2007, pg. 202). As the world is so reliant on this finite resource it is a crucial problem that needs to be addressed with a sense of urgency. Peak oil will force the change in which society operates and will have a dramatic influence on the economic condition of the world as it has had in previous years. The demand for oil globally is going to be forever increasing unless alternatives are found.…

    • 1165 Words
    • 5 Pages
    Decent Essays