The article talks about the increase of price for oil, any why they are going up along with if they will remain at high prices. Specifically; The main reasons for high oil prices are a high demand along with inflation which to our economy, makes gas prices about a dollar higher than last years. If the united states makes a deal to fix a nuclear agreement with Iran, there is hope to lower the cost of oil because the deal with Iran involves an increase production of oil.
As of right now, I am not too phased because aaia cannot drive, and the oil price increase does not affect me greatly, but I fear that the high oil prices can ruin our economy and drive inflation levels even higher if no action is taken. I also believe that this increase of oil prices will become a pressing issue that many more people will begin to fight for, and I don’t think we should focus on methods to increase the production of oil, but rather explore new alternative energy sources that can be as effective, and economically & environmentally friendly.