What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.
What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.
I am aware that some oil is in some way used for pretty much everything. But oil is also not the primary cost for almost anything. So double fuel costs won’t even double the cost of the product.
I would like to say I hope it will encourage people to seek more environmental options, but it happens every single time. Omg petrol is expensive we shouldn’t be so reliant on it. Oh its cheaper again now, lets not bother with those wind turbines because I don’t like the look of them.