Home

Advertisement

Customise

What · is · a · world · without · oil · like?


Mitchtrix

Recent Entries · Archive · Friends · User Info

* * *

So we've made it to the 2nd day of the crisis, and still very little has happened in the UK.

 

But a crisis in the US has in the past had a big effect on UK fuel prices in the past. At the moment they’re sitting at around 93p per litre in my hometown. This is slowly creeping up, and having read this article about the effects on fuel prices after the Katrina crisis it’s only time before we get hit by the impending crash.

 

http://www.guardian.co.uk/oil/story/0,11319,1561313,00.html

 

Also, at the end of the article it raises the issues of the massive fuel duty we find ourselves paying in the UK. If the price of oil is going to rise and rise, surely if the UK wants to keep “on the road” then the government will have to lower these duty prices. But lower duty means lower revenue.

 

The budget in this country is already stretched to breaking point. Which services will suffer if there is a massive loss in duty revenue?

 

Will the health service go? Defence? Public Transport? Education? Policing? Surely none of these can go, but what if they have too?

 

And if this crisis does leads to riots which are so often seen in other countries when massive incidents occur then surely we are going to have to increase our spending on Policing and Military to try and keep the population alive.

 

It’s definitely a dark time ahead, a time for TOTAL lifestyle change!

 

Be green!

 

Michael x
Current Mood:
contemplative contemplative
* * *

Advertisement

Customise