2. Leave space How far do you drive in a week? (or, how far do your parents drive you) What kind of gas mileage does your car (your parents car) get? What is the average cost of a gallon of gas? Take a look at these numbers and figure out how much money you (your parents) spend on gas in a week and in a month. Miles driven / MPG = gallons per week (month) Gallons per week (month) * price = cost per week/month What does is all mean?

3. Old house Miles to work 29.72 one way 5 times per week rounded to 60 miles per day 300 miles a week 1200 a month Taking the girls to swim practice 3 nights a week 22 miles one way Round it to 40 miles round trip 120 miles a week 480 a month Other Driving 100 miles a week 400 miles month Mr. Kroiss’s consumption

4. Total miles 300+120+100=520 miles a week 520 * 4 = 2080 miles per month Mr. Kroiss drives a F-150 12-14 mpg (rounded 13 mpg) Gas prices have been all over so lets just use a nice round $4 per gallon 520/13=40 gallons per week 40*$4 = $160 per week $160*4=$640 per month Moral of the story, I am glad I moved closer Mr. Kroiss’s consumption

5. Go to page 718-19 Define OPEC Embargo Then—go over “The Energy Crisis”p.719 Answer the questions also answer—look at the graph on p.719 How much did the price of gas rise between 1978 and 1979? Figure the % as well as the dollar amount in 1978 and 1979. OIL AND OPEC

6. Go back to your figures from the first slides How much money were you (your parents spending on gas in a week and a month Now—adjust your costs up by the same amount as seen in the years 1978-79 In 1978 the price starts at about $1.40 and goes to about $2.15 at the peak in 1979 $.75 more or about 35 % increase over 1 year Take your totals and *.35 + to the old total Lets relate that to today

7. 520 miles per week = 40 gallons a week 2080 miles per month = 160 gallons per month Costs Old price $160 per week $64o per month New Price $160 *.35= $56 + $160 = $216 per week $640 *.35 = $224 + $640 = $864 per month Mr. Kroiss is getting a Moped

8. What impacts would this have on your life? What impacts would this have on the economy? What might be a few long term outcomes of this event? Critical Thinking