You would almost have to be a hermit in this day and age not to be aware of the significant increase in gas prices in the US during the last few years. This is true even for people who don’t drive or don’t own their own gasoline powered vehicles because even if they haven’t experienced “future shock” when they fill up their empty gas tanks, they are still feeling the ramifications of higher gasoline prices.

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Over the last 30 years, the volume of fuel imports brought into the US has grown to more than threefold to keep up with the gas and oil consumption habits of Americans. Even with gasoline prices up to all-time highs, the US still needs to import 12 million barrels of crude on a daily basis to augment domestic supplies, in order to provide the fuels that Americans burn up on the roads.

The 12 million barrels of imported oil makes up a bit more than half of the 20 million barrels of crude oil that is consumed each day across the country. The vast majority of the fuels produced are used to power various types of transportation modes that rely on fossil fuel and the largest portion of transportation fuel consumption is attributed to consumers who use the gasoline to power their favorite vehicles. Unfortunately, the faster the United States increases it usage of and reliance on oil and gas, the faster the oil reserves of the planet will be depleted.

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It has been said that Americans have had a long and intense love affair with the automobile, ever since they were first introduced to the marketplace. However, in the last few years, prices at the pumps have steadily increased and it has gotten increasingly expensive to keep a gas tank full, making the love affair cool off a bit for some. Industry experts predict that gasoline prices will stay high, and possibly go higher, leaving people with a need to find a way to get accustomed to this newer, high price of gasoline.

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