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Wednesday, July 16, 2008

Why Gas Prices Are So High and What to Do About It

By John F Smith

Oil used to be a cheap consumer product. The series of oil discoveries in the Middle East during the 50's and 60's contributed a lot to the notion that crude oil, the root product of gasoline we use in cars today, will stay unlimited for eternity. Then there happens a turnaround when the realization that with the ongoing world consumption of crude oil and its by-products, the deposits of oil being drilled in deserts and oceans could not sustain the unquenchable demand for this product. Basic law of economics runs in accordance with the fact of supply and demand for crude oil. Since there is a huge demand in the market for this 'basic' product, the price on one of its by-product like gasoline gets a hike that is almost out of reach by the common consumer.

The fact that the sources of crude oil will be depleted sooner than we can imagine, the rise of prices like that of gasoline will not be abated in any coming future. This is the reason why there are many research and innovations being undertaken by scientist for alternatives to this product.

But while the work of scientists still has to produce a definite replacement for gasoline to run our cars and automotive, there are several wise tips available for the public to lessen the burden of rising gasoline expenses on their part.

Car Pooling

This method has been in practice decades ago in the sole purpose of defeating the wasteful practice of using gallons of gasoline when lesser could be enough when going to and from the work place. A community can form their own small group to plan and design a scheme where this method can be maximized to its full potential.

When there is no need to go out, just stay home

For some families, it is already a lifestyle to go out during weekends to faraway parks and spend their days there. While this is a wholesome activity for the family, it wise also to reduce this common practice to once a month so as to save for gas expenses. A quiet time together at home, watching a movie on DVD, is fun in another way. And more than that, this is a fine reason to save on gasoline expenses.

When you can walk going to a place prefer walking

Besides being a good exercise for the body-the hear particularly, walking to the store or a neighbor in the next two or three blocks is a good way to save wasteful consumption of gas. If you can walk to your destination, don't hesitate to walk going there.

Use Gas Cards

The use of gas cards to augment the ever-rising gas prices has been increasing like wild fire. Rebates of up to 5% are earned every time gas cards are used to purchase gas. These rebates are then accumulated in rewards points and usually converted into cash backs. The good thing with gas cards is you get a chance to earn double rewards. The cash backs, if used to purchase gas, also earn rebates.

Want to start saving using gas credit cards, visit www.GasCardsGalore.com.

Article Source: http://EzineArticles.com/?expert=John_F_Smith http://EzineArticles.com/?Why-Gas-Prices-Are-So-High-and-What-to-Do-About-It&id=1262046

1 comment:

Ern Banawa said...

This certainly is a good article about gas and gas consumption. There is a little bit of history in it plus the intelligent ways on how to curb nonsense use of the subject. Nice article. Very nice. This john smith is a very good writer, and probably his editor too :D