Friday, January 16, 2015

The End of Falling Gas Prices is in Sight- Market Watch

The End of Falling Gas Prices is in Sight

Economists have recently been speaking of the halt of falling gas prices in the US that have, lately, become a gift to consumers. With a national average of $2.08 a gallon, the nation is seeing prices that haven't been this low in years. Although the falling prices are not new news for anyone not living under a rock, the stopping of the decrease seems to be a surprise, and disappointment, to all.

Along with the expansion period for the gasoline prices after it hit its trough, the prices will rise even greater because the month of February has a tendency to bring more expensive prices, because of maintenance of the refineries during the winter months. Economists are worried that gas prices will go higher than expected and maybe hit the other side of the extremes. Although oil companies are in mourning lately, consumers have been on cloud nine filling up as much of their tanks as they can and an extreme shift in price can really put a dent in consumer confidence.

I understand that the gasoline market shifts back and forth from low prices to high and a rise again in prices is inevitable, but as a fellow consumer, I have to feel some remorse and I'm sure others can relate. I am personally worried about consumer confidence in this topic. It could put a dent in the high confidence we currently have and cause people to buy less of other goods. Of course, this is all part of an economy, but the coming months may be rough for consumers demanding gasoline.

Utility Providing Renewable Energy To Super Bowl- Think Progress

Utility Providing Renewable Energy To Super Bowl

Although the outcome of the game is unpredictable, the upcoming Super Bowl in Arizona has one characteristic that is definitive: the Arizona stadium will be run on complete renewable energy. The Salt River Project administrators who worked on the stadium have just announced, officially, that the game will be powered off of solar power. The next step in alternative energy is being completed.

The stadium is built so that the exterior walls are completely covered with solar panels that adjust with the way the sun is positioned. Because of this feat, the Salt River Project will begin to move to residential homes and expand its cutting edge resources to the more general public. With this advancement, I can see a bright future for energy usage among not only residential properties, but also large-scale infrastructures.

I find this information quite uplifting under the circumstances of our world's depleting resources. The fact that we, as a country, have the technology to power a stadium with hundreds of thousands of fans with completely renewable energy is a step in the right direction. We know what we have to do and we are doing just that. I have hope. The next step is to apply this technology to residential buildings and have this way of consuming energy the norm in today's ever changing society.