Wednesday, August 7, 2019

The Issues on Rising Gas Prices Research Paper Example | Topics and Well Written Essays - 1750 words

The Issues on Rising Gas Prices - Research Paper Example As gas price increases continue to burden the people of the country, various groups and individuals have come up with their own analyses regarding its causes. The polarization of American society in terms of politics though has greatly tainted such analyses. Apparently, the purpose is to make the gas price increase issue another weapon for advancing political causes. The lack of in-depth analysis and the tendency to immediately react to the issue without taking the necessary research has led to a very superficial understanding of the origins of gas price increases. There is the belief that â€Å"the major causes of high gas prices include the increased demand for oil in places like China and India, high gasoline taxes, civil unrest in Venezuela, the war in the Middle East, political instability in Nigeria, and too few refineries in the US†. A quick glance at this list of supposed causes would lead one to believe that gas price increases are largely triggered by external condit ions. Dart also the points out that environmental regulations and opposition to oil exploration in certain parts of Alaska and the Gulf of Mexico are additional reasons why gas prices are increasing. Higher demand in the midst of low supply may indeed pull up the prices. It is also easy to recognize the fact that if Dart’s perspective of the major causes of gas price increase is to be believed, a host of other problems may also arise. It is clear that wrong analysis of problems can lead to wrong solutions, which may be more disastrous than the issue that these may be meant to resolve.

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