Nowadays, you would heard people say how expensive the gasoline if even though it’s already that cheap. If you don’t recall about a couple of months ago our gasoline prices had went down. Now the energy agency predicts that the gas prices will drop even lower than it is now. It will be the lowest in the last six years. Now, everybody will know where this is heading. Cheaper gas prices equal greater gas usage. Iran stored at least 30 million barrels of oil and “If current negotiations result in oil-related sanctions against Iran being lifted”, then that we will have more oil here available in the U.S. For some people this is a great new, but for others who are nature lovers, not so much.
New technology is being develop as you know it. There are things like hybrid car, recyclable materials in machinery, and other green technologies. With the gas prices going down, who cares about those expensive items? Soon enough the efforts that we have tried all this time to reduce the unhealthy chemicals that are releasing into the air will become nothing. Imagine years of effort will be for nothing because of the decrease in gas prices.
The more people know that there is a lot of oil saved up the more they will use it. It will continue doing so until that moment again when there is not much oil left in the stock. Until then I hope found new sources to supply our power.