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Fuel prices
and credit crisis
The credit crisis has been going on for
some time now. To put the crisis simply, banks encouraged
potential homeowners to purchase above their heads, and now the
owners are falling desperately behind on their mortgage payments. The majority of
homeowners are doing just fine. But those who have been connected
with the dreaded subprime loans have found themselves drowning in
a sea of never-ending interest. Subprime loans have frozen the credit markets,
sent stock markets spiraling downward, and left the U.S. economy on the
brink of the worst recession in over 50 years.
The fuel crisis is more evident to the majority as we
watch every gas station in town raise their prices weekly. Only 20
short years ago, we were disgusted at the $1.08 per gallon gas
prices. How could they charge us over a dollar for gas!? Now we long
for those days to return as gas prices soar to over $4 a gallon.
Sadly, there is much more talk about what the fuel crisis actual is
than there are solutions to fix the problem. Everyone loves to spout
their conspiracy theory, claiming that it's the fault of
republicans, big oil is taking over the world, they're trying to
intentionally break the back of American, etc. The truth is, we're
simply running out of oil in the world.
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It is true that there could be more done to
explore means of alternative fuel, but common sense doesn't
seem to resonate with a government trying to pull itself out
of crisis, out of a war, and put itself back in favor with the
American public. As citizens, all we're currently able to do
is save money, try to stay away from shoddy situations that
put us further in debt, and keep on keeping on. If the
historic standard stays true and the days of old do repeat
themselves, then we can all expect to climb out of this hole.
America has bounced back from worse recessions, depressions,
wars, and any other crisis we've dealt with.
Until the people we entrust with the running of
our country correct this problem, we're left to fend for
ourselves. In order to save money on gas, you should try
walking or riding a bike, taking the bus, joining a carpool,
etc. If at all possible, try to reduce your commute. Do
everything you need to do in one trip: grocery shop, pick up
the kids, pay the bills, etc. If you're going to a shopping
center or in town, park the car in a safe location and walk.
Other things you can do to save money on gas
include finding the cheapest prices around (obviously), apply
for a gas card, join a loyalty club, use the recommended gas
for your automobile, and always fill your gas tank at night.
During the day, the heat causes the gas to bubble and you're
getting less than you pay for.
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