British pensioners who cannot afford to heat their homes. European hauliers and fishermen whose livelihoods are under threat. Palestinians forced to fill up their cars with olive oil. Americans asked to go down to a four-day week. All around the world, in a multitude of ways, the soaring price of oil is hurting rich and poor alike. For the lucky ones, it is simply a matter of changing their lifestyle. But those most vulnerable to the price of oil have been driven on to the streets in angry protests, which raise a fundamental question: what can we do to survive in a world where a barrel of oil costs $127 (£64)? Great Britain The rise in the oil price could not come at a worse time for Gordon Brown. After a week that has seen hauliers blocking roads and air passengers facing higher surcharges, yesterday it was the impact on fuel bills that came to the fore. The Prime Minister’s attempt to ease the pain felt by pensioners and low-income families from rising fuel bills was dismissed as a ‘sticking plaster to hold back a catastrophe’. It consists mainly of advice on coping with the cost of […]
Sunday, June 1st, 2008
Shocked! How the Oil Crisis Has Hit the World
Author: ANDY MCSMITH, JEROME TAYLOR and NIGEL MORRIS
Source: The Independent (U.K.)
Publication Date: Saturday, 31 May 2008
Link: Shocked! How the Oil Crisis Has Hit the World
Source: The Independent (U.K.)
Publication Date: Saturday, 31 May 2008
Link: Shocked! How the Oil Crisis Has Hit the World
Stephan: