Could my HolFor Utes Idea become a reality? If my dreams come true, GM and Ford will please revive the […]
Escalating Fuel Costs
The price of fossil fuels at the pump is sometimes far too high too quickly, because when the price of crude oil rises, retailers raise their prices almost immediately. This is an absurd practise because a rise in crude oil prices today will not be felt in the market for nearly a month, and governments must intervene to prevent this.
Crude oil is used to make gasoline and diesel, and countries will continue to face fuel company bullying until a viable substitute for crude oil is available via more energy efficient methods of producing bio fuels. Crude oil price increases impact energy, transportation, shipping, rail, air travel, and agriculture costs.
If only fuel prices could fall at the same rate that they rise.
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