My Peep At Life…

December 24, 2008

What next for oil prices?

Filed under: Environment,News — @ 10:34 AM
oil rig at sunset

The recent price variations in oil have affected most people in one way or another. The high prices over the summer had many of us tightening our belts, or at least leaving the car behind when possible, whereas the current fall in prices is a very welcome change.

I have to agree with Mr Brown that these fluctuations aren’t good in the long term though, it makes it very difficult to plan any sort of budget. I wish there were more alternatives to oil, as it’s only going to get worse as the supplies dwindle. Eventually we’re going to have to use alternatives, but I doubt there will be any real shift in that direction until oil really gets prohibitively expensive.

Powered by WordPress