Gas

A common question regarding the price of gasoline is why is the price still over $3 when we are producing so much more oil and the answer is that the price of oil is set on the world market. The increase in production here in the US has been offset by an increase in demand in the rest of the world. If we had not increased our output through fracking the price would be much higher. The easiest way to lower the price of gas is to have a substitute fuel such as natural gas. If we converter all semi-trucks to natural gas we would eliminate our need for Saudi oil and the price would come down. It requires the instillation of natural gas pumps at all truck stops. The cost of all of this would be less than what the government has wasted on wind and solar experiments that have gone bankrupt. In spite of this the march toward natural gas is inexorable because of free market forces. The changes are already underway as we move from coal power plants to natural gas and semis will follow.