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Fuel Cap

Submitted by jchicks on February 26, 2006

Category: Social Issues
Words: 1823 | Pages: 8
Views: 257
Popularity Rank: 54,815
Average Member Grade: N/A (Add a Comment / Grade this Paper)

A Price Cap for Fuel: American's Ultimate Cost

With the rising global awareness of the United States, the increase in expense of crude oil has shown a chink in the nation's armor. Most analysts agree that the nation is headed for serious trouble in transportation, due to the fact that the number of vehicles on the road has increased, along with the number of barrels of oil that the U.S. consumes on a yearly basis. Though consumers are obviously directly affected by these higher prices, they are feeling the pinch indirectly as well. Diesel fuel, known as costing less than unleaded gas, can be seen as more expensive at any street corner filling station. The projections filed by the Energy Information Administration all see increases in the future, through our propane heating bills, in the stores where shipping costs increase with the diesel prices, and in our family budgets as the cost of gasoline soars with the summer months. The answer to end all of this is a governmental cap on the price of gasoline and diesel fuel, which allows consumers the safety of a guarantee against price hikes and pump gouging by individual station owners.
The indirect affect of increasing fuel costs is seen on market shelves all across the nation. This is the result of the higher cost that shippers must pay in freight charges being handed down to consumers. Just last week, diesel prices rose 5.4 cents. That brought the national average cost to $2.303. This is a full 32.0 cent increase in a full eight weeks.1 When shoppers browse the fresh produce aisle the increased price of milk, eggs, cheese and other perishables are not due to the shortage of farm animals, but are due to the recent hike in diesel fuel. The same is seen in the higher prices of all materials being shipped across the country. For instance the price of a new car is being affected, not because the car is possibly more gas efficient, but because the delivery charge has doubled. Recently...

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