Recently, gas prices have increased by significant amounts in a matter of days, and when you live 100+ miles from family it's a challenge to be able to afford the ride home for Easter. The stress in the Middle East is a main reason for driving gas prices up but also the oil stress in the world is driving the prices as well. As a future chemical engineer of the petroleum field I know there is significant amounts of oil left. The problem isn't with how much oil is left but with how to get to the oil that is left. In the U.S. alone there are millions of barrels of oil and natural gas left but some are in ANWR (a national reserve in Alaska) and other reserves are embedded deep in layers of rock. Technology is advancing and it is making it easier to tap these reserves, but the fact that the U.S. decides to use foreign oil first over their own reserves is causing a rise in gas prices that not everyone is prepared for. Major cities and suburbs are more prepared than cities such as Oklahoma City because of public transportation systems that span across the cities. Oklahoma City is one of the largest cities in terms of area (not population) and does not have a good public transportation system. Many people commute to and from work and own 2 or more cars. Filling up the tanks of those cars could soon cause some changes in OKC or the way we fuel our cars.
Now I'm not saying any of this is happening immediately, but it could happen a little sooner than we think. So what do we do when we decide to tap the U.S. oil and natural gas reserves? By the time we do tap the reserves will it be enough to satisfy the ever increasing demand for oil?
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Scary to think of the ramifications oil has on lives, careers and our future...I agree, sooner will come sooner than we think. Tashi Delek! (many blessings)
I wish we had more controll over that.