| There is a new way to get cheap fuel that is good for | | | | the price also for the first time in history was based |
| us all. How we have gotten to this new discovery is no | | | | not on consumption but on speculation of future |
| secret. | | | | markets. |
| The truth is that the United States accounts for about | | | | It was reported that a barrel of oil was priced at |
| 44 percent of the world's gasoline consumption. We | | | | $110.20 on March 12, 2008, which was the peak of six |
| drive more cars, more often and we've become | | | | consecutive records in seven trading days. The most |
| dependent on fossil fuels about as stubbornly as a | | | | current price per barrel cost ceiling of $138.83 was set |
| drug addicted is dependent on his or her next fix. | | | | on June 6, 2008. Consumers no longer look for cheap |
| In 2003 The United States consumed over | | | | gas, but are settling for cheaper gas, meaning it's |
| 119,000,000,000 gallons of gasoline which is an absurd | | | | outlandishly high everywhere and saving .03 gallon has |
| amount of fuel to consume my any standard. Each | | | | become a marvel to behold and be apart of in our |
| day that equates to about 360 million gallons. The U.S. | | | | economy. |
| used about 138 billion gallons of gasoline in 2006. That's | | | | Alternative fuel sources research, such as on |
| when the pain and expense of our addiction began to | | | | Hydrogen as a fuel for cars and trucks has reached all |
| rear its ugly head and the search for a cheaper | | | | time highs. The use of hydrogen fuel as a supplement |
| alternative fuel source began to grow. | | | | to gasoline to run your car or truck is matching the |
| Fuel prices began to spike in 2006 but have been rising | | | | rate of gasoline prices. Hydrogen is really the last true |
| steadily since the start of 2008, especially in western | | | | cheap fuel source because it is so abundant and the |
| countries such as Canada and the USA. From that | | | | technology to separate it from water has become |
| time forward the words Cheap Gasoline or Cheap | | | | very fundamental and inexpensive to acquire. |
| Gas became extinct like the dinosaurs. | | | | Our enormous appetite for fuel, or addiction to big cars |
| From the mid 1980s to September 2003, the inflation | | | | and trucks has seemingly met its match because for |
| adjusted price of a barrel of crude oil was generally | | | | the first time in decades, due certainly to the highest |
| under $25 per barrel. During 2004 the cost increased | | | | costs of gasoline in the history of the world, Americans |
| to more than $40, then $50 per barrel. A sequence of | | | | are now using less gasoline. In the United States, |
| events pushed the price of oil to exceed $60 per | | | | gasoline consumption dropped by 0.5% in the first two |
| barrel by August 11, 2005, and yet we still continued to | | | | months of 2008 which was even higher than the .4% |
| consume gasoline at a gluttonous pace. | | | | drop in consumption back in 2007. |
| The price for a barrel of oil, for a short time, exceeded | | | | Alternative cheap fuels such as ethanol and Hydrogen |
| $75 in the middle of 2006, then fell back to $60 per | | | | hybrids can be and are being built right at home. The |
| barrel by the early part of 2007 only to jump steeply | | | | one good thing about the higher prices of gasoline is |
| to $92/barrel by October 2007 and went to $99.29 | | | | that its forcing us to use a cleaner, a more reliable and |
| per barrel for December 2007. All the way through the | | | | a more abundant fuel sources that is better for our |
| first half of 2008, oil frequently reached record high | | | | planet. After all, our planet is about 80% water and |
| prices. On February 29, 2008, oil prices peaked at over | | | | technology is finally able to tap into this cheap source |
| the century mark at $103.05 per barrel for the first time | | | | of fuel just in the nick of time. |
| in history despite there not being a gas shortage, but | | | | |