Just writing to tell you how thing are going with college. All my classes are going well. The only problem that I am having is with the gasoline prices here. The prices keep going up and it is hard to keep paying for gasoline. The gas prices have dramatically changed in the past three years. On average, the cost of gasoline is about a dollar thirty-seven a gallon in this area. And the price three years ago was about a dollar five a gallon. The change in price was caused by several factors. One problem is a supply shock in oil. This made it harder for oil companies to get the oil that was needed, which dropped the supply oil products Also, places that are father from the Gulf Coast have to pay a higher price for gasoline. Gulf Coast produces most of the oil that is needed to make gasoline; the price to ship the oil must also go up. The reason why the ship price goes up is because the production price went up for oil. The oil companies have to get their money back somehow. I am happy it is not the summer time or a big holiday coming up. When people have all this free time to travel it give them another reason to hike up the price because that know they can get away from it. The basic point that I am trying to show is how the supply and demand of oil has changed. Since the supply of oil has decreased and the demand of gas has increased from what it was three years ago it will show an effect in prices. Hopefully you can understand what I am talking about. Mom and Dad take care, and I will see you in a couple of weeks.
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