Oil Demand and Supply
It is no secret that oil is a natural resource that will continuous to deplete and in no time, become scarce. This scarcity primarily threatens the general public because of the general rule in economics that when supplies are limited, then the prices of commodities soar up the sky. People with cars and motorcycles should now start thinking of ways on how lessen their fuel consumption because this can help prolong the oil resources in the world.
There are rumors that water will soon become the fuel of automobiles rather than oil. Well, it has been forever since I first heard this but there not even a single water powered automobile released in the market. One good move that I’ve seen is the promotion of electric powered automobiles. The only problem with such cars is that on rich people can afford their selling price. I hope there would someday be something that can be both affordable and environmental friendly fuel alternatives in the near future.