Gas
prices drop but smog remains
The
days of paying more than $2 for a gallon
of gas are over, and the crowds are cheering.
It seems the price of gas is finally falling.
Oil prices have dropped as well, so another
insane gas price hike is not expected
soon.
The
reason for the high cost of oil is its
demand. The Organization of Petroleum
Exporting Countries (OPEC) cut production
just as the demand increased. They have
since increased the production of oil
and are enjoying the higher prices for
their labor. The demand has been met,
so the prices can finally inch their way
back down. Unfortunately, they will never
be as low as they once were.
Lower
gas prices are making their way to the
fill station, but may not have reached
all gas stations yet. Beginning Labor
Day, the prices should have dropped. There
is a shortage of oil in the world because
it is a limited natural resource and if
companies do not realize this, the gas
prices will rise again.
The
demand for stock in oil companies rocketed
straight up when the prices increased.
Larger oil companies, such as Shell, were
able to offer lower gas prices and thus
make more profit, so their shares increased
more than other companies. Even Wall Street
disagrees with the current high prices,
according to the Associated Press.
Supply
and demand are not all that threaten the
price of crude oil. According to the Associated
Press, oil traders jack up the price when
oil production is threatened, say by Iraq's
pipeline attacks, Venezuelan political
strife or Russia's biggest oil producer
entering a court tax battle.
The
popularity of SUVs and trucks does not
help the gas price either. These machines
are guzzling the stuff as fast as the
Woozles drink Winnie the Pooh's honey.
With a limited resource such as oil, people
should be conserving the material by carpooling
or not driving as often. That would save
gas and pocket money. Or buy a smaller
car. Not everyone needs an SUV to drive
to the grocery store and back. Those paper
bags fit just as well in a car.
Driving
to Long Beach every day has made the Los
Angeles smog feel like an old friend,
seeing it while driving over the 22 Freeway.
The smog there is not permanent, and with
a lot of work we can reverse the smog
which is already there. The problem with
that is that we would have to collectively
stop producing more smog, and there simply
isn't profit in that idea.
People
should at least try to drive less, carpool,
and save money by purchasing a smaller
vehicle. Not only will you save money,
but you will be decreasing the emissions
your car produces and making the air a
bit better for breathing. Lung damage
and asthma are caused by breathing bad
air. Wouldn't you want your children to
avoid the inhaler?
Gas
is a limited resource, and though the
prices may finally be dropping, this does
not mean there is more oil for future
use. So next time you saddle up your Ford
Bronco, don't forget the little bit of
damage you add to our atmosphere. It's
easy to forget when you're finally paying
less than $2 for that much needed liquid.