Oil prices increasing again

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tongyun

Offshore Agent
Well, oil prices in the United States are increasing again. What kind of impact do you think this will have on an already poor economy? I suspect that if prices continue to move upward, it will stall any recovery that might be in progress.
 

Mockingbird

Offshore Agent
I would tend to agree, seems odd don't it? no hurricanes to blame nothing really. seems like everything is falling apart at the seems in the good ole us of a
 

Machida

Offshore Agent
I heard that news too! It is a good thing that I don’t own any car or work outside my home.


I am expecting that this will make things even worse. The goods will be much higher than before.
 

Mockingbird

Offshore Agent
Had to stop and get gas today, the price is up 39 cents in less then a month, here there are several taxes added to the cost that go up as the price goes up. Will it never end?
 

crimson

Offshore Agent
Increasing in gasoline will never stop. As the demand of gasoline increase the price will increase. I think all we can do is lessen the usage of it. Carpool, use public transportation makes it much cheaper.
 

Machida

Offshore Agent
This is the reason why scientist is developing an alternative source of fuel. Some are even developing an electric car but I think that it has a long way to go before we could use it.
 

crimson

Offshore Agent
Machida said:
This is the reason why scientist is developing an alternative source of fuel. Some are even developing an electric car but I think that it has a long way to go before we could use it.
True Scientists are developing alternative fuel, I watch once in discovery channel about used cooking oil can be developed as an alternative fuel. As far as electric car goes, I guess this is a bit expensive but I guess will see what happens in the future.
 
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Machida

Offshore Agent
@Crimson


I believe that you are pertaining to biodiesel when you said something about the cooking oil. It is already been used here in my country. Some police are collecting cooking oil and then they would mix it with diesel to form the biodiesel.
 

MiltonStone

Corporate Services
Mentor Group Gold
Yeah cooking oil is widly know to be good fuel for your diesel car, it is just not legal in many countries and your car will smells like McDonalds.
 

Machida

Offshore Agent
I watched something about a motorbike that is running on pure electric power. They are able to run up to 100 miles. I don’t really know the full details since I saw it the global news and network which I have watched it from never really gives the full report about it.
 

andrew25

Offshore Agent
The oil prices would always increases as the last reserves are being exploited. It is high time that we switch to green energy and to reduce our dependency on fossil fuels. We need to be self sufficient in energy with in a short time in future.
 

Mockingbird

Offshore Agent
We all could go back to walking and horses. But seriously there are many places in the U.S that could be more bicycle friendly, you can get run over here
 

princee18

Offshore Agent
Now a days Oil is the very essencial thing for any human being. Doesnt amtter to drive car or motor bike. It is used in our day to day life. Oil prices are increaing gradually so It will obviously going to make tough life for normal people, amd going to affect public transportation too.
 

danny0278

Offshore Agent
I completely agree with you. I am worried about the general transportation, because when oil prises increase then it affects state the most. It tends to increase in vegetables, grocery and even in transportation charges.
 

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