What will happen if the oil prices rise again to unexpected price?
The oil prices is rising again and again. Most of our daily process relies on oil. Will there be rise on properties, market, food . What can we do to prepare for this hike?
The oil prices is rising again and again. Most of our daily process relies on oil. Will there be rise on properties, market, food . What can we do to prepare for this hike?
August 26th, 2009 at 10:03 pm
Bike to work, eliminate urban sprawl, drive cars that use cleaner energy or are more fuel efficient or use hybrid whatever… And yes the increase in fuel prices will have a trickledown effect on everything because everything in the market relies on fossil fuels. As far as what we can do to prepare for this..? Increase the rate of your personal earnings faster than the rate of future inflation or learn to become frugal with everything. In either case, we’re going to have to get used to the realization that we can’t keep living the way have been and either we learn this lesson on our own or we have the outside forces of the world economy make us learn that lesson.
August 26th, 2009 at 10:03 pm
You will pay more.
August 26th, 2009 at 10:03 pm
a lot of cars being parked?
August 26th, 2009 at 10:03 pm
then i think we should all start to ride bikes to work/school or anywhere else we need to go lol
August 26th, 2009 at 10:03 pm
bare and grin it, sounds like another depression is on the way.
August 26th, 2009 at 10:03 pm
We will become a healthier country because we’ll be riding bicycles and walking. Imagine a thinner and cleaner America.