Tuesday, March 1, 2011

Badum-tsss!

As many of you fine citizens of the world have noticed, the price of oil has been steadily rising the past few weeks. Well you can thank North Africa for this price rise in oil. Thanks to political unrest and civil disorder, Libya has canceled all exports and imports going out and in to their country, until peace is reached. Oil price per barrel went up to $100, causing about a 10%-15% increase in gas prices. So far, there isn't a set time where the prices will return to "normal". Peace looks like a distant dream out in North Africa, so keep saving your pocket change, you might just need it one day to fill your car up to go that extra mile!

20 comments:

  1. man those countrys are having serious crysis, don't blame them just because we are very used to drive our cars. drive a bike, took the train, bus, electric cars or wathever you find more satisfying to your needs.

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  2. yeah man although its great that the citizens are taking control, its not so great for our wallets :[

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  3. So, this is why I can't afford lunch anymore! Goddammit!

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  4. I discussed this in my economics class, sucks dude

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  5. Aw man, time to break out the bike for anything close, no more needless driving

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  6. good thing i still have my bike

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  7. this is why we cant have nice things

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  8. did a big project on shell: nigeria.

    its brutal. :S

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  9. And that's why I now walk or bike everywere

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  10. Save money for renting a car when you'll really need it!
    *riding his bike*

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  11. I have noticed the increase near me

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  12. haha we were talking about this in school. I always take the subway anyways though.

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  13. Gas price increase is always a terrible thing..

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