Are you looking for grammatical corrections? If so, oil, gas, month, and price should not be capitalized (unless they're the first word in the sentence).
I would change this sentence to:
"Oil and gas continue to be major contributors to the stability or instability of both the larger economies such as those of the United States, Germany, and Japan and the third world
nations as well."
This sentence is a little better as:
"The economy is seriously affected when gas and oil prices are on the rise; however, finding a solution is no easy task when dealing with such a complex global issue."
The economy is influenced by many factors that determine its surplus or deficit. Throughout the last several decades, we have seen the world’s dependency on Oil and Gas, which are among two of the most important resources.<~~lower-case "o" and "g" unless you are naming actual companies; also this is a fragment, not a complete sentence. Finish the thought, please. As the demand for oil and gas grows, the American family spends an average of $200 to $300 in gasoline every Month<~~lower-case "m". Oil and gas continue to be a major contributor to the stability or instability, of Both<~~delete the word "both" the larger economies<~~add comma such as the United States, Germany, Japan, and the third world nations around the world as well<~~The last part of this sentence doesn't make sense. Please rethink it all. The economy gets seriously affected<~~"gets seriously affected"? very slang-y there! How can you rephrase with more formality? when gas and oil Prices<~~?? are on the rise; however, finding a solution is no easy task when dealing with such complexed<~~?? global issue<~~should be "issues"?.
The passage discusses the factors that influence the economy, specifically the impact of oil and gas prices. The rising demand for oil and gas has resulted in an increase in prices, which affects the stability or instability of larger economies, as well as third world nations. The passage mentions current events such as the war in Iraq, instability in Nigeria, and conflicts between Venezuela and the US as catalysts for the increase in oil prices. These events contribute to the decrease in production and increase in demand, further affecting the economy. Additionally, issues such as the falling American dollar, credit woes, and the ability of OPEC to meet production levels also play a role in the oil price problem. The passage suggests that the United States needs to allocate resources and time to reduce its dependency on foreign oil by developing alternative energy sources. It mentions the possibility of drilling in the Arctic National Wildlife Refuge, but also highlights the potential negative impacts on species and habitat. Overall, the passage emphasizes the complex nature of the issue and the lack of a definitive solution.