Many analysts expect oil prices to rise higher in coming months, possibly above last month's records, partially due to the plans that the Fed has to continue lowering rates. Lower rates equates to higher inflation and rising prices. The reported minutes from the March 2008 meeting of the Federal Reserve, just released, indicated a split in opinion about the decision to cut the key federal funds rate by three-quarters of a percentage point, and that they are worried about the severity of the economic slowdown.
The unprecedented price per barrel of crude oil now has also driven diesel prices higher and higher. This past month the national average was within two cents of the record that was set the previous month
"We'll set a new record this week probably in the $4.05 to $4.10 a gallon neighborhood," said Tom Kloza, publisher and chief oil analyst at the Oil Price Information Service in Wall, N.J.
Explanations as to why the gas prices are suddenly increasing rapidly include;
The higher costs of a barrel of oil is a major factor.
Gas prices always climb in the Spring months, inevitably . People do more driving and the oil companies use this as a justification to raise prices, claiming that the surpluses are being depleted more heavily.
But here is a main factor to factor in with a lot more emphasis than the ups and downs of gas prices as such.
An automobile 100 years ago got 40% better fuel efficiency than in 2008. That is criminal incompetence and a huge scam and you no longer need to be the effect of it.
In fact you can even have fun while declaring your independence!
The evil twin brother to that one is that, as any informed mechanic can confirm, your car only consumes properly about twenty to twenty five% of the gas that you put into it! And, worse than that, on newer cars, the computer is actually fixed to make sure that it doesn't get any higher than the oil companies want it to get.
The greatest number of people just sit and suffer and cope while not taking any effective action because they don’t consider they can do anything. In other words, they are in apathy. Some do remember the spirit of courage, independence and adventure which originally made this country great and many of these people are turning to Water4Gas as a solution to fight back on an individual level against the rising cost of oil and gasoline.
WATER4GAS is sharing information for a nominal fee which consumers can use at home to build a small gizmo which infuses hydrogen into the gasoline/air mixture that their car or truck runs on.
What this does is make bite sized particles out of the particles that the engine uses as fuel. So the system is able to use much more of it.
With WATER4GAS you can reasonably expect to lower your gas usage by 30-50% or even more. Those goblets must have been pretty "blankin'" huge in some systems before. But with WATER4GAS they are made consumable so you can lower your gas usage.
It also helps make emissions significantly cleaner.
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