The
USA consumes 400 million gallons of gasoline every day. This with the burgeoning demand from developing
nations such as China for gas, has pushed gas prices to record highs, and
having an all-pervasive and on-balance a damaging effect on the US economy.
Gas
prices in the USA/Canada
often vary significantly between gas stations and supermarket gas pumps. In
many areas, gas prices can vary by 20-30 cents per gallon or maybe at times
even more within a small area. This makes that most motorists in the USA/Canada are shopping around to find
the best deals on gas, but
are still paying a lot more for it.
High
gas prices make people stop and think about their commute. This
will affect the US economy by reducing value of properties in outer
commuting zones around the cities, and depress rural property values.
Analysts
were predicting a gallon of regular to climb as high as $4.50 a gallon in
California by Easter 2011.
But these same analysts are saying
that if you think gasoline is expensive now, just wait until next year!
A combination of growing
global-demand and rising U.S. fuel exports could send gasoline prices
to further record highs in 2012, analysts say.
The effects of such big cost hikes will reduce available spending money for all those
on average wages and below who need to travel significant distances in their
cars, and this will further depress
the US economy when this cash gets diverted away from a myriad of local
spending decisions affecting local businesses from restaurants to children’s
shoe shops.
Cars now are more fuel-efficient than they were in
the 90s, so car owners can reduce your spending on gas by choosing fuel
efficient vehicles. This is making US
car manufacturers and car importers develop and extend their low fuel
vehicle ranges. But, US car
manufacturers have been slower than others, such as the Japanese
marques, to develop some of the most innovatory fuel efficient vehicles such as
the hybrid engine vehicles. This will
tend to raise car imports to the detriment of the US economy until the US manufacturers catch-up.
It is
not all bad news though. Companies that own oilfield reserves
will be seeing the value of their resources growing, and businesses
that are connected with the renewable energy
market are growing rapidly right across the range of renewable energy
sources from wind, to thermal energy, and of course that most popular of renewable sources which is solar.
Renewable energy companies are
growing fast and employing increased numbers of staff.
1.
USA/Canada
are shopping around to find the best deals on gas.
Present Continuous Tense
2.
But are still
paying a lot more for it.
Present Continuous Tense
3.
Analysts are
saying that if you think gasoline is expensive now.
Present Continuous Tense
4.
This is making
US car manufacturers.
Present Continuous Tense
5.
Energy market
are growing rapidly right across the range.
Present Continuous Tense
6.
Renewable
energy companies are growing fast and employing increased numbers of staff.
Present Continuous Tense
7.
Analysts were
predicting a gallon of regular to climb as high as $4.50 a gallon in California.
Past Continuous Tense
8.
This will
affect the US economy.
Simple Future Tense
9.
Big cost
hikes will reduce available spending money for all.
Simple Future Tense
10.
This will
further depress the US economy.
Simple Future Tense
11.
This will
tend to raise car imports.
Simple Future Tense
12.
It is not all
bad news though.
Simple Present Tenses
13.
Companies
that own oilfield reserves will be seeing the value of their resources.
Future Continuous Tense
14.
Car
manufacturers have been slower.
Present Perfect Continuous
15.
The USA
consumes 400 million gallons of gasoline every day.
Present Tenses
16.
Gas prices in
the USA/Canada.
Present Tenses
17.
The US
economy until the US manufacturers catch-up.
Past Tenses
18.
A combination
of growing global-demand and rising U.S.
Present Continous Tenses
19.
High gas
prices make people stop and think about their commute.
Past Tenses
20.
Of renewable
sources which is solar.
Present Tenses
