Energy investment win-win for nation
While the economy has contracted and families have been forced to cut back on the luxuries of life, gasoline consumption is simply not a product that families can do without. With children who need to get to school and soccer practice, and work to attend to, a car is a requirement and therefore, gasoline is a requirement.
To make matters worse, just 10 years ago (2002), the average cost for a gallon of unleaded gasoline was $1.47. On my way to work the other morning, the cost for a gallon of unleaded gasoline was $3.52.
So while families have had to continue to cut back on their lifestyle, gas prices have only continued to rise, making their financial situation more difficult. And yet, the topic of energy is on the backburner. During the presidential debates, the topic of energy was only briefly mentioned.
Both candidates continue to preach about “job creation” and “helping the middle class.” The best way to help the middle class is to invest in energy infrastructure. By doing so, the economy will grow as more people go to work in the energy sector, and the prices of energy will contract as the supply increases. Win, win.