Will Cheaper Oil Save the World?
The price of oil keeps getting cheaper all the time... http://news.yahoo.com/s/nm/20081111/bs_nm/us_markets_oil The price of oil affec...
The price of oil affects the price of everything: food, dining, durable goods, travel industry, plastics, urban sprawl, just about everything.
Had the price of oil kept going higher, $5.00 a gallon and up, I would have curtailed my joy riding habits, by more staying closer to home, and on fewer days. As long as it keeps going down, I can at least still ride.
And when I ride, I usually stop somewhere for a bite to eat. And as long as I keep riding, I'll have to maintain my motorcycle and purchase new tires, oil, filters, etc. I'm still spending money.
In a world so dependent on oil for everything, it makes sense to me that we need cheap oil to get the economy back on track.