On 94.7 yesterday they were just giving through the financial indicators. The oil price which seemed to be sinking under $100 suddenly skipped back up $4. This is SCARY! With the price close to its all time high, if it can so easily skip upwards, it means it can easily skip even higher.
The implications for every $1 increase in the fuel price are important. It means everything else becomes less affordable, principally food. And even if you live in Rosebank and you reckon you can handle these little increases, many can't. Those who can't may resort to foul means to get what they want, and you might start to see them in a parking lot near you.
So these price increases really are everyone's problem.
1 comment:
a pipekline was bombed in Iraq. maybe that had something to do with it
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