Source of both graphs HERE:
Friday, March 4, 2011
How much does crude oil factor into the price of gasoline? Two nice graphics break it down for you...We GOTTA get off this stuff!!
These two graphics show the significance of crude oil as an input into the productlon of a gallon of gasoline...We GOTTA get off this stuff...
Source of both graphs HERE:
Source of both graphs HERE:
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With the gas prices currently on a steady ascent the idea of finding alternative means for fuel seems very inviting. Crude oil is definantly a large percentage of our gas purchase but I don't think we can separate our purchase of gas with our purchase of curde oil with taxes as a constant. The other alternative would be to rely on alternative fuel means. However, I wonder if other sources of energy would end up costing the same or more to implent anyway. Either way, we will definantly need to buckle down for the increasing gas prices.
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