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How to reduce petrol and gas price.. Egg logic
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<blockquote data-quote="zank" data-source="post: 298868" data-attributes="member: 7904"><p>It is natural that everyone is concerned about the petrol price, everyone is trying to reduce, slow down, and that is good, the highway toll collection already dropping, and imagine everyone in the whole word is doing what we all try to do, yes, the demand will drop, the biggest consumption country like China already increased the price by 20 % last 2 month, that will also likely to slow down the demand, so hopefully it will all pile up to the impact of supply and demand, but unfortunately the problem of today fuel price increase is not exactly caused by the supply/demand equation, even with worldwide recession coming in big time, the price continue to rise, it is more about geopolitical issues plus commodity speculation, with so much uncertainty on US/Israel attacking Iran (4th largest oil producing country), and Iran/Venezuela (Anti-US) alignment, Nigeria (Another major producer) internal conflict, it is hard to see how the price will come down anytime soon. Until then what we can do it continue with all the initiatives of "saving" in our way of life..</p></blockquote><p></p>
[QUOTE="zank, post: 298868, member: 7904"] It is natural that everyone is concerned about the petrol price, everyone is trying to reduce, slow down, and that is good, the highway toll collection already dropping, and imagine everyone in the whole word is doing what we all try to do, yes, the demand will drop, the biggest consumption country like China already increased the price by 20 % last 2 month, that will also likely to slow down the demand, so hopefully it will all pile up to the impact of supply and demand, but unfortunately the problem of today fuel price increase is not exactly caused by the supply/demand equation, even with worldwide recession coming in big time, the price continue to rise, it is more about geopolitical issues plus commodity speculation, with so much uncertainty on US/Israel attacking Iran (4th largest oil producing country), and Iran/Venezuela (Anti-US) alignment, Nigeria (Another major producer) internal conflict, it is hard to see how the price will come down anytime soon. Until then what we can do it continue with all the initiatives of "saving" in our way of life.. [/QUOTE]
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