Wednesday, July 05, 2006

The Impact of Oil

http://www.channelnewsasia.com/stories/eastasia/view/217156/1/.html
AND
http://www.channelnewsasia.com/stories/afp_asiapacific/view/217166/1/.html

4 July 2006

This is indeed disturbing as it reflects the impact that oil prices have on the social aspect of things. Though many may think that the rise in oil prices has an impact that is mainly economical and not social, these articles show but a couple of the effects that the fluctuating oil prices have on us average citizens around the world. Taxi fares are rising, but the customers don't seem to be complaining. However, surprisingly the taxi drivers themselves seem to have a thing or two to say about it. One would think that they would be happy with the fare hike as this benefits them, but it seems that they'd rather be given petrol money than that little bit of extra fare.

In the second article, we can see how a shortage of fuel due to high prices (they are unable to pay for the fuel thus they cannot buy enough) compromises the security of mariners, as without the patrolling forces pirates are able to attack and loot defenceless merchant ships. Even worse off are those affected ships which were bound for regions which required aid, as those in crisis-stricken regions would suffer.

There is not much that can be done for these situations, however we as average citizens can do our part by conserving oil and fuel, for example by taking public transport instead of driving or not using electricity when it is not required.

1 Comments:

At 8:44 PM, Blogger silvanix said...

i feel sorry for the poor taxi drivers. the fare hike is meant to help them to buy the more expensive diesel fuel, but the problem is nobody wants to ride a cab if it means they have to fork out extra cash.. unless they are stinking rich of course. after that it is pointless for the fare hike because there are less people who take taxis anyway. i reckon they should try another way to make people take cabs if they really want more customers.

also, to keep fuel consumption down, i do agree that we need to cut down on our electricity use. especially because SIngapore has no hydroelectric or geothermal power stations to rely on. singapore river doesn't flow fast enough for that. so as much as we all hate to admit it, we need to cut down on our beloved air conditioning and think of building better school buildings where there is better ventilation and less air conditioning is needed. after all, students in past generations have survived without air conditioning so it should not be a problem for us. (please dont hit me for saying that)

 

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