Thursday, March 06, 2008

Petrol-Porn: "Petrol price won’t choke consumers"

The petrol price goes up 30% year on year but we're told it's normal, volatility is normal, don't panic. By all means, don't panic, but by the same token it's very rational that we should be VERY worried. 61cents per litre translates to a lot more money for, say, a trip to Cape Town.
With oil prices hovering around $100 and the Rand hovering at R8.00 to the Dollar, another price hike is likely.

It's stupid at this stage of the game to be spewing the public mindset with this sort of false assurance. In reality we're likely to see a longer term shift (globally) towards higher non-renewable energy prices - for goal, oil and gas. This means higher electricity prices, higher fuel prices and higher prices for everything else.

As such we need to start implementing fairly radical lifestyle shifts. Anyone telling you these price changes are not worth being concerned about should go and work for an advertising agency, or somewhere the ongoing business currency is bullshitting the masses.

More.

No comments: