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Alternative Fuel
Table of Contents
Introduction
What Are Alternative Fuels
Gasoline and Oil
Why Are Gas Prices So High
Alternative Fuel Vehicles
All About Alternative Fuels
Ethanol
Methanol
Compressed Natural Gas
Electricity
Solar Power
Hydrogen
Liquefied Natural Gas
Liquefied Petroleum Gas
Biodiesel
Environmental Damage
Global Warming
Alternative Fuel According to the Numbers
What‘s Uncle Sam Doing
Conclusion
INTRODUCTION
Plus‚ with the rising price of gas‚ we have to consider the effect on our consumer goods as well. Trucking companies must pay more in fuel costs‚ and the only way for them to recoup any of that money and make even a small profit is to pass the increased cost on to the consumer. That means higher prices for things like groceries‚ clothing and other things we need and use every day.
But there is hope on the horizon. Scientists are developing alternative fuels that can help not only the environment‚ but also the consumer‘s checkbook. The new alternative fuels offer advantages in so many ways that people are really starting to take a look at these as an option over paying astronomical gasoline prices.
Unlike back in the 1970‘s when there was a gas shortage invoking memories of long lines at gas stations‚ we have plenty of gasoline. But the prices are what is of concern today. Many people blame the high price of gas on our ongoing war in the Middle East‚ but actually a majority of the oil we use to manufacture gasoline is obtained from Venezuela. The rise in price probably has more to do with the large federal‚ state and local taxes levied on each gallon of gas we pump.
So why are gas prices so high? Oil is the most precious commodity in the world. It is more valuable than gold. The price per barrel has risen dramatically even in the past year. Perhaps it has more to do with supply and demand more than anything‚ but the real fact is that federal‚ state‚ and local taxes have a lot to do with the price per gallon of gasoline. In fact‚ 19 percent of the cost of a gallon of gasoline is attributable to these taxes.
The truth of the matter is that the development of these new alternative fuels helps consumers in so many ways. That‘s why it‘s so important to know as much as you can about the options that are available when it comes to alternative fuels and how they can help YOU as a consumer and how they can help US as world citizens.
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