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 lesson that focuses on OPEC and...
At the Gas Pump
Given the price of crude oil, gasoline, and diesel for the past several years, pupils plot the data to determine whether a correlation exists. Learners determine a regression line and predict the price of gasoline and diesel in the...
What is the total cost? Provided with seven problems, pupils determine the total cost for utilities. Scholars determine the amount of the utility used and determine the cost based upon the given unit rate. The resource is part of a prep...
Royal Society of Chemistry
The United States consumes more oil than any other country, and its residents use 50 percent of that for transportation. Scholars match eight fractions of crude oil to their applications. Then, they fill in three logic puzzles reviewing...
Gasoline Use Around the World
Students contribute their own personal gasoline consumption data with other schools. They share thoughts and opinions on fossil fuels, its effects and what they can do in an effort to conserve natural resources.
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...
Why Do Gasoline Prices React to Things That Have Not Happened?
Students 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.
In this filling up worksheet, learners 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...
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...
In this petroleum products worksheet, students find 11 products that contain petroleum by unscrambling the letters and taking out the letters that spell "petroleum" from the scramble. They also are given a challenge to find 2 two-word...
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.