In the article, “Crisis at the Pump ” (McGraw Hill) I learned that gas prices have been going up lately. As of March 6th – 12th, 2022 the gas prices in the United States hit a record high average of $4.17 a gallon.Increasing by 55 cents in just a single week. The gas prices went up for reasons like Russia’s invasion of Ukraine has caused the U.S. to ban imports of crude oil from Russia meaning a smaller supply here, which raises our prices. Global gas prices have been rising as the population continues to respond to expanding COVID vaccination. The severe drop in gas demand during the earliest months of pandemic caused OPEC and oil producing nations to cut production.
I think a lot of people are mad but can’t do anything about the gas prices. I saw a lot of people on tik tok making jokes riding a bike or a horse because gas is too expensive but it’s the reality. We are struggling with this pandemic, Putin’s war till this day. It’s very crazy how much we are paying for gas. I saw some places reaching up to 8 dollars.
What things needs to be done to calm or bring the gas prices down?