Annotated Bib.



Giovanny Thompson

Professor Kelly

English 120 12:40-2:00

1 November 2012

The analysis of Gas prices in our Community

Schoen, John. “Can’t the government help with gas prices?” MSNBC, 30 Oct. 2012 Web. 1 Nov 2012 <http://www.msnbc.msn.com/id/9220783/ns/business-answer_desk/t/cant-government-help-gas-prices/> .

                                This article discusses government involvement in the cost of gas.  John makes good points and explains why gas prices rise and fall during certain points in the year, where our gas comes from and where all the extra money being made from high gas prices goes. He explains how our government involvement in the economy affects the price and quantity of gas we have in the United States.  I feel this is very important to my research paper because it explains a more liberal point of view of how to lower gas prices involving the government. I will be using a good amount of information from this article in my paper to provide my point of view and opinion on how we could possibly help with gas prices. 

 

 

Richards, Gary. “California gas prices now lower than a month ago” Mercury news, 30 Oct 2012, Web. 2 Nov. 2012 <http://www.mercurynews.com/traffic/ci_21888416/california-gas-prices-now-lower-than-month-ago>.

                                This article found on mercurynews.com, a local blog site for the San José area talks about how gas prices locally will lower over time and that the spike in prices is over. It explains how the large price in gas effects driver behavior and shows how Gary interviewed different drivers in the San José area to get opinion on gas. The people were relieved that gas has finally decided to drop due to the stabilization of the factory fires in southern California.  Knowing why and how gas prices will drop is important to my paper. Providing more information on driver opinions in my local area will provide a bigger outlook on gas prices overall. Without knowing the prospective of the driver and how it affects them, my paper wouldn’t have any point to it. 

Newman,  Rick.  “Swing-State Gas Prices Head Obama’s Way.” UsNews & World Report, 19 Oct. 2012, Web. 4 Nov. 2012 < http://www.usnews.com/news/blogs/rick-newman/2012/10/19/swing-state-gas-prices-head-obamas-way >.

                                According to rick gas prices will have an effect on the presidential election that is currently going on. Data shown by AAA, shows that the prices have fallen at least nine cents in October. This article also lists the averages of the price of gas in swing-states across the United States.  If prices keep falling Obama can convince his voters that under his leadership they’re doing better because of him and that if Mitt Romney wants to win that he will have to make a better showing in these key states. Gas also affects political races and this source shows that if people are happy with prices they can connect them to public servants like the president. This is important because gas prices can determine the future leaders of the country. People think that the incumbent’s policies are responsible for the prices of gas and if people continue to think this the incumbent’s policies will continue because they will be re-elected. This will have a big impact on my paper because future politicians can gain advantages in re-election campaigns and can affect government policies outside of gas prices due to the incumbents’ other policies.

Plumer, Brad “Why California gas prices are going Haywire” Washington post, 8 Oct. 2012, Web. 5 Nov. 2012 < http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/10/08/why-gasoline-prices-are-going-haywire-in-california/ >.

Brad discusses in his article that gas prices and taxes are significantly higher in California than the rest of the United States. He uses a graph that shows the retail average of gas in California  (red) and the rest of the United States (Blue) . He gets to the bottom of the problem by asking what happened and why did it happen. Due to a fire at a refinery in august the production of gas was grinded to a halt and the price shot up.  According to the rest of the article the best thing consumers can do is wait out the spike in gas because eventually when production of gas becomes returns the normal output the prices will stabilize.  My paper will need know why gas prices have shot up so much due to the Richmond fire refinery. My paper will also have to include on what consumers can do about the price of gas which is waiting for them to eventually stabilize. The article does a great job of explaining the complexity on the issue and explaining where the price of gas is headed.

 

Brandly, Mark “What can we do about Gasoline prices?” Mises daily, 15 Mar. 2011, Web. 5 Nov. 2012 < http://mises.org/daily/5111/What-Can-We-Do-about-Gasoline-Prices >.

                Mark makes points that say that our government should have fewer restrictions in the process of obtaining oil. Our government polices effect the price of gasoline like fighting wars and putting higher taxes on gasoline hurt consumers. He says that we should be drilling more so there is more of a supply and prices will go down. Gas sellers also anticipate higher prices in the future so they raise their prices considerably to gain a significant profit. Government should spend less money on other polices and deregulate oil production so that prices will drop and less government intervention will be needed.  This source provides more of a conservative approach to gas prices. All the information in this source shows a great point of view in contrast to my first source. By lowering or removing completely, taxes, we can get lower gas prices. My research paper will need to use both point of views to provide a broad propespective and scope in my paper. I will be using most of my information from this article and the first article in my bibliography.

 

Fong, Jocelyn. "Drilling won't lower gas prices." AMASS 16.4 (2012): 14+. Expanded Academic ASAP. Web. 15 Nov. 2012. < http://ezproxy.marin.edu:2107/ps/i.do?id=GALE%7CA294369962&v=2.1&u=kent75086&it=r&p=EAIM&sw=w >.             

Using this scholarly article is pretty important to my paper because it talks about how more oil drilling will not help the price of gas lower and that government polices don’t help the the cost either. Fong makes great points using other expert opinions and facts throughout the article and her points go along best with my stance in my research paper.

Katel, Peter. "Oil Jitters." CQ Researcher 4 Jan. 2008: 1-24. Web. 15 Nov. 2012. < http://ezproxy.marin.edu:2102/cqresearcher/document.php?id=cqresrre2008010401&type=hitlist >.

Are the days of cheap oil really gone? Peter Katel uses other countries like china as examples to  better understand energy and the economy. He says that by the year 2020 there could be shortages and maybe war over energy. I think this is a great source of information because it helps the reader in my paper understand that gas prices may never come down and that alternate energy sources could be the only solution to our future as a country.

Weeks, Jennifer. "U.S. Oil Dependence." CQ Researcher 22 June 2012: 549-72. Web. 15 Nov. 2012. < http://library.cqpress.com/cqresearcher/cqresrre2012062200 >.

Will more drilling and oil production lower the cost of fuel? Government policies are to drill more and worry about the environment later. Weeks makes a great point that will be best fitted for my paper that, the government can never realistically produce enough oil in the world economy to lower prices until other sources can become competitive as oil. She makes other great points on how each party in our government the same position on this issue that more oil production and drilling should lower the cost. This information is important to my paper because is provides a big perspective on our foreign oil dependence and that government has relatively little tools to use to try and bring prices down.

                                                                                              

"Obama Wanted Higher Gasoline Prices?" FactCheckorg. Annenberg Public Policy Center, 23 Mar. 2012. Web. 18 Dec. 2012. <http://www.factcheck.org/2012/03/obama-wanted-higher-gasoline-prices/>.

                                This is a great website for my paper because it is from a fact checking website that shows when politicians are lying to the public. They go into great details on accusations that politicians make about other candidates and even talk about how it relates to the facts.

Colman, Zack. "Hurricane Sandy to Drive Gas Prices Lower through Election Day, Rest of 2012." The Hill. N.p., 01 Nov. 2012. Web. 16 Dec. 2012. <http://thehill.com/blogs/e2-wire/e2-wire/265411-sandy-to-drive-gas-prices-lower-through-end-of-year>.

                                This article talks about hurricane sandy and how it caused a less of a demand for gas because of the outage of electricity. Mother Nature can be big factor in determining gas prices because it can disrupt the process of making oil but shows that in some circumstances that the demand for gasoline can drive the price up or down not just bad weather.

 

Walsh, Bryan. "Why Michele Bachmann’s $2-a-Gallon Gas Promise Is a Fantasy." Science Space Why Michele Bachmanns 2aGallon Gas Promise Is a Fantasy Comments. N.p., 18 Aug. 2011. Web. 16 Dec. 2012. <http://science.time.com/2011/08/18/why-michele-bachmanns-2-a-gallon-gas-promise-is-a-fantasy/>.

                                Along the campaign trail a lot of promises are made by politicians for cheaper fuel but are they realistic? This article goes into great depth and shows that what is real and what is fake about gas prices. We as voters should do our job in determining which candidates are for our needs or just want to receive more votes to get elected.

 

Wood, Robert W. "Fallen Solyndra Won Bankruptcy Battle But Faces Tax War." Forbes. Forbes Magazine, 06 Nov. 2012. Web. 15 Dec. 2012. <http://www.forbes.com/sites/robertwood/2012/11/06/fallen-solyndra-won-bankruptcy-battle-but-faces-tax-war/>.

                President Obama spent over 500 million dollars to invest in a solar panel company solyndra but it failed. The company eventually filed for bankruptcy and it became a large blemish on president Obama’s presidency. The president thought he could start up a new market so that we could eventually move away from crude oil. Even though this failed Obama had the right idea. He showed the limited power of the government has when dealing with free market issues. This will be good for my paper because it shows how complex and difficult it is to manage the price of a product that changes every day.  

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