I forget... who again killed the electric car two years ago?
Price of Oil - One year comparison:
July 15th 2007:
$73.99 (Equates to $45.9 billion USA spending a month)
July 15th 2008:
$144.75 (Equates to $89.8 billion USA spending a month) Repeating: billion extra!
Formula:
Barrels * price * 30 days = Cost of one month of oil
20.68700 * 144.75 * 30 = 89 833.2975
http://www.google.com/search?hl=en&q=20.687*143*30&btnG=Search
Oil spending today has increased in the USA by 49% in one year from $45.9 billion a month to $89.8 billion a month... ouch!
*I use figures for North America as an example. The same logic applies to everyone who uses oil!
Today, MSNBC asks the following question:
Isn’t it time to tap U.S. emergency oil reserves?
With gasoline prices showing no signs of easing, a number of readers are wondering why the U.S. doesn’t tap into the millions of barrels of crude oil it has stored up in case of an emergency. If this isn’t an emergency, they’re wondering, what is? http://ww.msnbc.msn.com/id/25643936/
Here is an article written on July 15th last year complaining about the prices at $73.99.
(Ouch again!)
http://www.washingtonpost.com/wp-dyn/content/article/2007/07/15/AR2007071501412.html?tid=informbox
1 comment:
@CourtneyWillcox im sorry but its not christmas yet honey!!
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