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We can reduce gas prices now!

We can reduce gas prices now!. “Kilometers are shorter than miles. Save gas, take your next trip in kilometers.”  ~ George Carlin. Nettie Cash of Dallas GA has had to cut back on her medication in order to afford to buy gas.

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We can reduce gas prices now!

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  1. We can reduce gas prices now!

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

  3. 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. Gas prices affect… Everyone

  4. Sara’s part about elasticity Gas prices don’t affect demand

  5. Golf Movies Hiking What are some things you like to do? What will YOU need to give up?

  6. Gas has significantly increased

  7. THE PROBLEM IS THAT GAS PRICES ARE TOO HIGH FOR THE AVERAGE CONSUMER Here are some immediate solutions for this problem:

  8. Speculative Trading

  9. Strategically release some of the 727 million barrels from the United States reserve into the market. Strategic Petroleum Reserve

  10. 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. These events all lowered prices for the consumers at the pump

  11. This would help reduce the impacts of speculative trading.

  12. Federal 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. Taxes on Gasoline

  13. 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. Limits on Domestic Drilling

  14. 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. Solution Drill Baby Drill!

  15. 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. Environmental Concerns

  16. Call to action we can implement NOW!

  17. Contact your representatives What can you do now?

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

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