Essay on U.s. Energy Information Administration

788 Words Feb 23rd, 2016 4 Pages
According to the U.S. Energy information Administration, it was estimated that in 2014, the United States had used around 136.78 billion gallons of gasoline (eia.gov). Based on this statistic alone, it can be inferred that gasoline is a crucial resource, which has a high demand, as gasoline is used on a daily basis to power vehicles, homes, and many other things. In recent years, gasoline prices have undergone massive influxes, whereas the prices either rose or fell on some noticeable level, and as of this month, gas prices have been falling nationally. Through this essay, one will be able to understand why I chose the topic of gasoline, how I collected my data, and whether or not there was a noticeable trend in gas prices based on the region the price was captured in. Thinking back to when I was younger, I could recall a time when gas prices nationally were anywhere from $1.00 to $1.25 per gallon. Fast-forward several years later, to around 2014, gas prices soared to an all-time high at around $3.30 to $6.00 a gallon. Currently, gas prices are beginning to plummet to an average of around $1.00 and $2.00 a gallon. I decided to do my project on the average gas prices around the United States, as I was curious why these prices were rising and falling, and wanted to see whether this was something that was occurring nationally, or if it was something that was happening on the east coast. Politicians are always talking about the gas supply and stating that prices could rise or…

Related Documents