Friday, December 21, 2007

HIGHER OIL PRICE 2008

Oil is a main factor in everyday live, just imagine a country without oil supply. Crude oil is now dropping in quantity and prices are stake high by the day.
It is focast that the world oil per drum is increasing to above $100 USD. Researchers . economist and poltician are predicting another world economic turmoil jsut like in 1997.

It is unjust to say how bad it will turn out to be, but it is expected as the worst ever. Almost all the country in the world is relying on American currency and when US Dollar is dropping by the day it means trouble. The us goverment is spending too much money and that impact is major to all small company.

At the same time fuel are becoming scares and this make the situation even more worse then ever. It is a nightmare to just wake up and suddenly everthing goes wrong. Salary still the same, prices goes up to the ceiling and production cost rises. Every thing will sure go up, pressure of money will be prudent among people of the normal income. For those who earn more for living is considered safe but still effected by the enonomic turmoil.

Just wait and see what will happen or you can take major step and get ready for the rought situation ahead.

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