We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip...

18
We can reduce gas prices now!

Transcript of We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip...

Page 1: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

We can reduce gas prices now!

Page 2: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

“Kilometers are shorter than miles. Save gas, take your next trip in kilometers.”  ~ George Carlin

Page 3: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

Gas prices affect… Everyone

• Nettie Cash of Dallas GA has had to cut back on her medication in order to afford to buy gas.

• “It’s not easy,” she said. “You do what you have to do.”

• If prices continue to soar, one of your loved ones could be next.

Page 4: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

Gas prices don’t affect demand

Sara’s part about elasticity

Page 5: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

What are some things you like to do?

Golf Movies

Hiking

What will YOU need to give up?

Page 6: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

Gas has significantly increased

Page 7: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

Here are some immediate solutions for this problem:

THE PROBLEM IS THAT GAS PRICES ARE TOO HIGH FOR THE

AVERAGE CONSUMER

Page 9: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

Strategic Petroleum Reserve

Strategically release some of the 727 million barrels from the United States reserve into the market.

Page 10: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

These events all lowered prices for the consumers at the pump

If it worked before, why not now?

1990-91 (Desert Storm) 17 million barrels were released into the market.

1996-97 (Deficit Reduction) 28 million barrels were released into the market.

2005 (hurricane Katrina) 11 million barrels were released into the market.

Page 11: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

This would help reduce the impacts of speculative trading.

Page 12: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

Taxes on GasolineFederal tax on gasoline is 18.4 cents per

gallon.State taxes on gasoline is an average of

27.9 cents per gallon.Total tax on gasoline an average 48.1

cents per gallon

Temporarily reducing or suspending the gasoline taxes would help the consumer and

possibly stimulate the economy.

Page 13: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

Limits on Domestic Drilling

Dependence on foreign oil makes us susceptible to price increases caused by other countries.

We have abundant oil resources here in the United States.

Undo and release some of the United States oil resources that is tied up in bureaucracy.

Page 14: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

Solution Drill Baby Drill!

Bekkan Reserves holds an estimated 500 billion barrels. (North Dakota, Montana, Canada)

Oil Shale Reserves holds an estimated 2 trillion barrels. (Utah, Colorado, Kentucky, Mississippi)

ANWR alone holds 29 billion barrels. (Alaska’s North Slope)

Off Shore Reserves in Atlantic, Pacific, Eastern Gulf of Mexico.

Page 15: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

Environmental Concerns

Today’s drilling technologies have far less impact and leave a small footprint on the environment then years past.

Caribou populations since the Alaskan oil pipeline was completed, increased from roughly 6000 to over 23,000.

It is important that we utilize our resources while expanding and researching others.

Page 18: We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.” ~ George Carlin.

We feel these immediate solutions will ultimately contribute to our real goal of becoming independent of oil.