High Gas Prices

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Title: High Gas Prices

Essay Details:

Subject: Social Issues

Author: Ryan M

Date: February 25, 2015

Level: University

Grade: A

Length: 4 / 1121

Essay text:

Oil gives mobility, provides energy for homes and workplaces, and offers benefits from oil-based products, like plastic. "In 1993, our dependency for foreign oil was 46-percent. In 2000, it was 56-percent and projected to be 65-percent by 2020" which shows our enormous need for oil. (Hutchinson. 2000) Many are unaware of the affects high taxes have on gasoline prices. "Federal taxes account for nearly 20 cents per gallon of gasoline sold. State and local taxes bring the total to 42 cents per gallon. Analysts estimate consumers would save a whopping $67 billion in one year if gas taxes were eliminated...

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