Federal Reserve Bank
Higher Gasoline Prices: Temporary or Time to Buy a Hybrid?
Gasoline prices garner a lot of attention in the United States. What can explain a temporary decline in gasoline consumption, and how do gasoline prices spur innovation in the energy and automotive industries?
Curated OER
The Price of Gasoline: What's Behind It?
When gasoline is in high demand and on short supply, OPEC can raise the price to turn a significant profit. Help learners understand the economics behind demand, profit motive, and monopolies with a instructional activity that focuses on...
Curated OER
Filling Up-Gasoline
In this fuel sources worksheet, students calculate the E85 alternative fuel costs per gallon compared to the cost of gasoline. Students complete a table to show the comparison prices. They create a triple line graph to show the...
Curated OER
Gas Prices Keep Rising
Students discuss rising gas prices, then read a news article about how the increase in fuel cost may affect other prices. In this economics and current events lesson, the teacher introduces the article with a discussion and vocabulary...
Curated OER
Why Do Gasoline Prices React to Things That Have Not Happened?
Young scholars investigate how the price of gas is determined. In this economics lesson, students analyze supply and demand and seasonal demand, create tables and graphs and reflect on consumer expectations.
PBL Pathways
Gas Prices
How can math help your vehicle run better? Complete an interesting project-based learning task with your classes to determine the cheapest approach to mixing the ideal octane level of gasoline. Scholars create and solve a system of...
Curated OER
Pumped Up Gas Prices
Students calculate gas prices. In this transportation lesson, students tally the mileage and gas costs of their car for one months. They figure out how much was spent on gas and create a graph showing average gas prices over time.
Curated OER
Charting Historical Gas Prices
Students investigate the historical and current prices of a gallon of gasoline. Using an online tool, they calculate the inflation-adjusted cost of gasoline over the years, and create a graph to demonstrate the actual cost vs. the...
Curated OER
Pumped Up Gas Prices
Learners investigate the concepts of differing gas prices and how they are set in different geographical areas. They conduct research about the economic concepts of supply and demand and predict the outcomes upon the prices of gasoline.
Curated OER
Cartoons for the Classroom: Between the Lines, Gas Pains...Again
In this current events worksheet, learners analyze a political cartoon about the increase in gasoline prices and respond to 3 talking point questions.
Curated OER
It's Gas, Gas, Gas
Students examine America's dependence on oil. They read an article, research how gas prices are established, and create and conduct a survey regarding people's knowledge of gas and gas prices.
Curated OER
Filling Up
In this filling up worksheet, students calculate the E85 per gasoline-gallon equivalent price to the E85 price per gallon to complete a chart of "alternative fuel". They use the data along with the price per gallon of gasoline to plot...
Curated OER
Cartoons for the Classroom: Campaigns and Gas Pains
In this current events worksheet, students analyze a political cartoon about gasoline prices and respond to 3 talking point questions.
Curated OER
What Did It Cost 100 Years Ago?
Students compare prices of good across the century in order to introduce the topic of inflation. They undertand the concepts of inflation and Consumer Price Index (CPI), use online calculators to figure the approximate cost of goods...
Curated OER
Running On Empty
Students research causes of rising gasoline prices. They collect data on fluctuating gasoline prices and analyze the data using Excel. They write comparative essays supporting their results and create PowerPoint presentations to present...
Curated OER
The Price is Right?
Twelfth graders read "A Primer on Gasoline Prices" and complete a worksheet on the price of gas. They discuss supply and demand and what a consumer can do about prices at the pump.
Carolina K-12
Battle Behind the Pumps
After considering the role that gasoline plays in our lives and our dependence on it as a society, learners participate in a reading activity discussing why oil prices are increasing. They will then simulate being members of a committee...
Curated OER
Over a Barrel
Students examine oil reliance in Britain and around the world. In this oil crisis lesson plan, students discuss how oil is produced and consider the supply left in the world. Students also examine the influences of oil prices and...
Federal Reserve Bank
Making Sense of the Ups and Downs of Prices
What are the consequences and costs of inflation? What is CPI, and how do we calculate it? This resource answers these questions in an organized and in-depth manner, and also includes a worksheet of follow-up questions designed for an...
Curated OER
Rising Gas Prices – Compounding and Inflation
Financial literacy skills and exponential models are connected by the compound interest formula in this task centered on inflation calculations. Collaborative learners get experience collecting data from the given websites and exploring...
Curated OER
Life is Starting to Change
Students investigate the tough economic times by discussing supply and demand. In this economics instructional activity, students read a news article and identify specific examples of the oil crisis that has touched their lives....
Curated OER
Lesson 9: Tracking Commodities
Over the corse of a month, small groups will monitor the price of a specific energy commodity and analyze it in relation to global and domestic events. They play a trade simulation game and create infographics showing what they've...
Curated OER
Cartoons in the Classroom: Gas Pains Again
The price of gas has increased around the country, and many political cartoons, such as this one, have used humor to get people thinking about it. With the help of three very good critical thinking prompts, learners will analyze a...
Curated OER
Sky High Fuel
In this fuel price worksheet, students examine a chart that shows fuel prices between 2001 and 2005. They compute the answers to 3 word problems in which they work with finding average. They complete an extension activity in which they...