As the inclined visitor may see, I have added an Oil price widget to the sidebar of Carambolage. This is as much a measure of information as it is an expression of disgust and protest.
In this past year, crude oil has almost DOUBLED in price.
I don't drive, but I do fly, take public transport, eat and drink. Recently, various factors have raised the price of oil to a point where our entire supply chain is being disrupted by it. Truckers are protesting all over Europe, an outcry against a cost that used to be stable a couple of years ago.
Yes, I know we need to conserve energy, and yes the best way to do that is probably to sell less oil, thus also generating less carbon dioxide, one of the main causes for global warming. But the oil price, as it currently is, is punishing everyone for the mistakes of… well everyone els. Who are everyone, if you come to think of it. So we are being punished for our own mistakes. Fair enough.
Micro- and Macroeconomics aside, this is a bit too much of a good thing, and our standard of living is going to suffer even more in the future, with analysts and expert predicting rises above the $ 150 line, and upwards.
Just scroll down a bit an see where it's at today!