Have you ever been to the gas station and thought to yourself "why are these gas prices so high"? You may have even thought about cutting back some of your driving. When gas goes up it seems like the whole world may have turned their backs on you. In fact, Americans have an unquenchable thirst for gasoline. You could look at the amount of traffic on roads and highways, and you'll see that if a severe gas shortage were to happen it would cripple the United States into shambles. It has been proven that Americans drive nearly 3 trillion miles per year. Although many things could cause gas prices to go up. You never probably thought to think deeply about why gas prices are going up, but I’m going to tell you some of the main reasons why gas prices could go up. OPEC controls a large portion of the supply of oil. OPEC producing countries consist of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela. If you noticed the United States aren't apart of that list. The reason why is because the United States would have a hard time with abiding by OPEC rules .We could stay on the outside without being a member of OPEC ; without OPEC cutting production and it …show more content…
Including the states Louisiana, Mississippi and Alabama. This natural disaster cost more than 100$ billion in damage including gas prices suddenly got jacked up. Katrina hammered out almost about 95 percent of oil production in the Gulf. That was a key supply point for the U.S. about a quarter of domestic oil comes from the region. With most of our oil productions shut down we couldn’t get the money we needed to keep gas prices reasonable. So what else was there to do? Jack up gas prices to get that infrastructure and companies back up to get our