scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,779
There are many potential solutions to the gas and oil situation in the world today Of all these solutions however there is one which is within reach and is already taking the market by storm It is in our economys best interest that actions are taken to find an alternative to gas powered cars That alternative has been realized and it is called the hybrid car Im going to look at the gas problem and look into why it is an economic problem Im going to look into hybrid cars and discuss why they are a viable logical and economic solution I am going to look further into hybrids how they work and look at the advantages and disadvantages to the consumer and the economy We will then finish off by looking at the tentative future economy as it relates to the car market hybrid cars and gasoline As can be seen in figure 1 next page in recent months gas prices at the consumer level have reached all time highs as adjusted per inflation In the chart you can see that in September 2005 an all time nominal gas price of 303 was reached As you can see in figure 1 there are two descriptions of price nominal and inflation adjusted The term nominal price refers to the actual price of gasoline to the consumer In other words the nominal price is the price that gasoline users would find on the big sign at their local gas station The adjusted price refers to the price of gasoline in the value of money in that time era Adjusted price is the real price of gasoline and in essence can be used as a measuring tool for how big of a dent the price of gas hits the wallet If you examine the nominal price you can see that in general it gradually increases over time We all know this to be true in that the
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA