Wednesday, March 7, 2012

Rising oil prices ---- Speculators blamed for higher gas prices by some in Congress



http://www.nola.com/business/index.ssf/2012/03/keystone_xl_pipeline_proposal.html



Under the high prices of oil, will be building a pipeline 1,700-mile by a Canadian company. This line carries oil from Canada tar sands region in Alberta to Central America. Under the high prices of oil and responding the members of Congress for tried to help people from high prices of oil. The high price of oil up rose from $77.51 to $110.55 in recent days. Because of large rise of the oil the United States of America should be getting another ways to get oil for another country his oil. Canada is one of the closer countries to America. That closes help United States of America and Canada exchange commercial of goods and oil. First of all countries have oil-producing  prevent high crude oil prices must help another countries  to oil-consuming countries to buy this oil and help to stop this expensive of this oil cost a lot of money and make some countries under  pressure of this very high of using the oil . I agree the request of the countries to reduce the price of this precious of oil. Especially that is no country capable of give up the using the oil. Industrialized countries have to increase oil production in the oil and decrease the rise in crude oil prices. This increase affects the factories and cars, from that increase makes people how think to buy a car with large engine stop buy this car and try to find another car with small engine just to save some money or protect themselves from this high oil prices. This think or this fact makes the big car company loss of some money and makes some people or worker loss jobs. Big Countries must be considered for this problem and solve it and try to find act to solve it .

No comments:

Post a Comment