next nonprogress report

Once again, I forgot to do anything…. Woops. I’ll be sure to really work on it this weekend. Stay tuned for the next update.

Progress after tuesday--- A MUST READ

Last night I was actually lucky enough to find a history channel special about oil prices. It seems that not only is OPEC holding down its production, but also the major refiners here in the states, like Exxon-mobile, haven’t increased their refining capabilities in quite a few years. This means that if even one major refinery is shut down of any period of time, the system here in the states cannot effectively handle it and the price at the pump will most likely jump.
While it might not directly pertain to my research, I also thought that the special had some interesting insights on how to get more gas for your dollar. For instance, if you can fuel up your car in the evening when it is cooler, there will be more gas in the gallon you pump because the temperature causes the gas to condense and the pumps do not take this into account when it gives out the gas. Conversly, you shouldn’t fill up during the heat of the day because the gas you are pumping will give you fewer miles.

Progress after Mon

Today I looked up the average cost increase of a barrel of oil over the past few years from the 1940’s. After world war two, the inflation-adjusted price for a barrel of oil was 24 dollars and twenty cents. Now, the cost is riding just under one hundred dollars a barrel. From 2003 to the current price, there has been a seventy-four dollar increase.
Tomorrow I will investigate why exactly this price jump has occurred, and why it has happened so violently in recent years.

progress after fri

I’m not going to lie. I haven’t looked up anything past what I already know. I thought about it, but then I realized it was ten thirty at night and I went to bed instead. I hope that sometime in the coming week or next weekend at the latest I will really be able to sit down and work at this project.
My current plan looks like this, Mon-Thurs, research. Fri and Sat, slack off. Sun write my paper. Cross you fingers for me.