Libya is the 12th largest producer of crude oil in the world.
The fact that there is currently political unrest in that part of the world should be of GREAT concern to just about everyone.
With ogasoline prices set to surpass $5.00 per gallon soon, we call all expect to feel the pinch....
Even if you don't drive, the prices of all commodities will rise due to the trickle-down effect.
Everything from subway rides to flights, to grocery shopping will take a huge hit... and so will our pocketbooks!
I will keep an eye on this situation as it unfolds and continue to express my opinion on the matter.
Looking forward to your opinions!
The fact that there is currently political unrest in that part of the world should be of GREAT concern to just about everyone.
With ogasoline prices set to surpass $5.00 per gallon soon, we call all expect to feel the pinch....
Even if you don't drive, the prices of all commodities will rise due to the trickle-down effect.
Everything from subway rides to flights, to grocery shopping will take a huge hit... and so will our pocketbooks!
I will keep an eye on this situation as it unfolds and continue to express my opinion on the matter.
Looking forward to your opinions!
No comments:
Post a Comment