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Now we are forced to seek oil from foreign countries. The problem now is that the economy, being as it is, has forced the price per barrel to go up, in turn making the price of gas go up. With the dramatic rise in gas prices, the American people have started to change habits in order to save a penny here and there. Even businesses have to make adjustment in order to keep a workforce. Will the high price of gas change the American way of life?
American Consumption
Today, the United States is the largest consumer of oil in the world. On average, the United States consumes 20.7 million barrels of oil a day (EIA, 2008) but we are the world’s third largest producer of oil (EIA, 2008)...
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