Yes Essay

542 WordsOct 3, 20083 Pages
Colton Scott 07.20.08 Eng101-2DND Essay 9 Gas Effects Everything Rising gas prices in America have had a substantial toll on how Americans live. In 1990 gas prices ranged at about a dollar and a half per gallon. Now, in 2008, gas prices range around four dollars a gallon. Many people complain that these rising gas prices effects how much they travel, but it effects more than that. Prices in gas have changed how much food cost since the transportation of these goods needs gas. This rising tide has also sent the price of rubber and plastic product soaring. Yet, the biggest problem due to these prices is car sales. Transportation of food in America is mainly by semi-trucks or trains. With the cost of diesel gas almost breaking five and a half dollars per gallon, many companies cannot afford to transport their product. The expectation of this effect can only be that the economy will almost literally die; if people don’t first. Everyday food is only one product that is mass transported around the world. With the addition to the rest of the products that are transported this world’s economy seems doomed. Besides gasoline there are many major uses of petroleum – everything from cosmetics to ballpoint pens, nylons, and even the waxes in chewing gum. The Labor Department reported that wholesale prices jumped by 1.8. That is why the effect of high oil prices is now spreading well beyond the pump. This means less money in consumers' pockets in the months ahead. Escalating food costs could present a greater problem than soaring oil prices for the national economy because the average household spends three times as much for food as for gasoline. Food accounts for about 13 percent of household spending compared with about 4 percent for gas. But it also goes beyond consumers. For example, the price of asphalt is up 65 percent so far this year. This may mean bumpier

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