Name:
Speech Type: Informative
Gas Prices
I. Introduction
a. Attention Getter- I’ve been a bit happier lately and if I had to bet, I’d say you guys have been too. Now, there’s probably many different reasons why each one of you are happier but I think there’s one thing we can all agree on…we’ve all had a little more spending money at the end of week these past few months. As PBSC students, we are all well aware of commuting so I’m sure you’ve had to pump some gas recently and like me, have let out a small sigh of relief upon filling up.
b. Introduce Topic/State Thesis Statement- Gas hasn’t been this cheap in over half a decade. The national average for regular gas this week was at $2.10 compared to $3.35 a …show more content…
Subpoint- This might seem obvious but we have more money in our pockets. According to an estimate prepared for The Wall Street Journal by ClearView Energy Partner, “If crude-oil prices remain at $50 a barrel, it would result in per capita savings of roughly $575—or nearly $1,325 per U.S. household—on gas over the coming year relative to last year’s spending”. Almost an extra $600 is lot of money and its money we can put back in to our economy. ii. In depth analysis- Earlier I mentioned that the average for gas is over a dollar lower. Brett Ryan, U.S. economist at Deutsche Bank says that for “Every one-cent drop in gas prices [it] means a $1 billion annual decline in energy spending by Americans iii. According to date from the Federal Reserve, credit card balances declined at a pace they hadn’t seen in over a year. Not to mention retail and restaurants saw a growth late in the year they hadn’t seen in 7 years. It’s clear that the extra money is definitely benefiting us consumers.
TRANSTION: This is where it gets tricky, as it clearly benefits us, other countries around the world are being hurt by these prices.
c. Third Point- Not only do gas prices affect us here in America but it also has a global effect everywhere else.
i. Subpoint- Countries that depend on the export of oil as there economy are all suffering greatly right now. Countries like Russia, Venezuela and Iran all depend on