Have you seen gas prices lately??

One of your first posts were about filling your gas tank. Now, with the new gas price in the article, find how much it would cost to fill your tank. Find the difference between what you would have paid a month ago to now. One more thing - find me the lowest local gas price in Lake County!



With the new gas prices it would cost me $22.00 to fill up my gas tank. The equation I used was 10 gallons x $2.20=$22.00. With the gas prices before it cost me $34.00 to fill up my tank. The difference between the two prices is $12.00. I saved $12.00 with the lower gas prices. The lowest gas price in lake county is $1.97.



Now, although I actually don't mind filling my 12 gallon tank for $1.94 a gallon, I read the article below to learn more about why gas prices are falling. Check it out, especially paragraph 4. Write a paragraph about this article and what you learned.

I learned many things about why gas prices are falling and how the economy relates to gas prices and the consumption of gas. 60% of gas consumption is used to drive to work. I also learned that for every $1.00 decline in gas prices, U.S. consumers save $1 billion dollars. The last time gas prices declined so dramatically was in the early 1980s and the prices of gas stayed like this for a decade and a half. Something else new that I learned about China is that about 25,000 new cars hit the streets every day. I learned some interesting facts about China and the U.S.