How will the Gulf oil spill affect imported foods and gasoline prices?
Gas prices here went up 10 to 15 cents per gallon already, yesterday.
All food and gasoline will increase in price as usual. But the cost of what we eat and how much we drive or use oil is really not the most devastating situation affecting us when thinking about that oil spill disaster! Check out my HUB and discover what one of the most scary issues caused by the oil spill really is. Go to: http://hubpages.com/hub/ImportanceOfPlankton
Sadly, the short term price of gasoline will go up, but many more important factors, such as the rate of growth in china , and whether we will see continued economic recovery in this country, and europe will drive these prices long term. The deep water drilling moratorium has some up in arms, but if you can live with perhaps 20,000 workers unemployed, deep water drilling accounts for less than 5 days of oil usage in the U.S. in a years time. And NPR told me something that I didn't know yesterday which is that Canada is now our largest oil trading partner, and as bad as the Gulf Oil spill is the Canada Tar Sands are also an enviromental nightmare. Check out www.petropolis-film.com.
See my hub http://hubpages.com/hub/High-Food-and-Gasoline-Prices for the U.S. and suggestions on how to save.
by KFlippin 9 years ago
"Red tape keeps prized oil-fighting skimmers from Gulf, coastline"Published: Monday, June 28, 2010, 10:29 PM Chris Kirkham, The Times-Picayune Excerpts from the Article (Link to full article below):"As oil oozes inland, tainting marshes and fouling beaches, local...
by James L 9 years ago
Is anyone else seriously worried about the BP oil leak in the Gulf of Mexico?I've been staying on top of all the news reports and findings as well as researching the effects of previous oil spills and it seem the more I learn the more unsettling this whole situation becomes.
by tobey100 9 years ago
The Gulf oil spill is bad. For that matter any oil spill is bad. I am not a rabid environmentalist but I do believe we need to protect the wildlife we have left as well as our beaches and wetlands. To a point. Let's not get carried away. Chris Matthews actually called...
by SparklingJewel 9 years ago
http://blog.alexanderhiggins.com/2010/0 … capping-2/ Scroll down on above site and look at these ! GREAT YouTube's on Oil Spill. 1. Please Check it out. . . 2. ARTICLE by Dr. James...
by Research Analyst 9 years ago
How will the price of seafood be affected by the gulf oil spill?
by Don W 9 years ago
Would a free market have prevented this from happening?I'm guessing the libertarian argument would be that the failings of state regulation was a contributing factor. Those failings stemming from the fact that the regulators were in bed (figuratively and literally) with those regulated. Whereas...
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