INCREASING INTERNATIONAL OIL PRICES

Potential determinants of increasing Global Oil Prices

Potential Causes Of increasing international Oil Prices throughout roughly The Past 36 Months

Consumers currently have observed cost rises for transport (98% of power spent for street and transport - superior types of transport 12) , food shop pieces, electrical power (Many electric plants are fueled by crude oil or natural gas), and numerous other consumable items and services: Certainly the cost of crude oil will have a domino result through-out the U.S (Miller, 2010). Finances and constraint upon disposable / discretionary income (Miller, 2010).

Circumstances leverage the cost of crude oil:

Cost ...