Monday, February 13, 2006

Rising Gas Prices

One of the most popular topics of conversating in the US has been Gas prices. The US experienced hikes in gas prices largely in the past because of Hurricane Katrina. It was interesting to see that the British are also experiencing a rise in gas prices. After reading this article, it makes one wonder if the increases had to do with the destruction caused by Hurricane Katrina or because of a global shortage. As the article states, Britain's reserves meet only 4% of annual demand. Perhaps we should focus more effort on new ways of fueling our cars.

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