If you are in South Africa and you are having a bigger problem lately making ends meet, you are not alone. Sorry to tell you, but it is going to get worse before it gets better.
Indicators include that the Rand and the US dollar are both in decline, oil is traded in the US dollar and the price of petrol in South Africa is steadily rising.
A reason why the weak Rand is an indicator of future financial troubles is that the market factors dont have an immediate effect on the price of oil and other things, there is a lag of about six months to a year when you really feel the sting of it.
This is also a result of the fact that oil is purchased in futures. There is a whole series of actions over roughly a six to twelve month period between the expensive oil getting shipped by the supplier from the field and then getting.
The various negative factors such as the weak Rand, the war,nike shox nz eu (http://www.sportsshoesuk.com/nike-shox-trainers-shoesuk_62), weather anamolies, layoffs and so forth are going to hit us at the pump NEXT YEAR!
Oil trading is standardized by using a single currency, and no surprise that the US dollar is chosen for this, as 49% of the worlds fuel consumption is made up of the USA. Now keep in mind that the US is only 1/24th of the worlds population, and you will start to see the economic power the US actually has, its not just talk,five fingers canada (http://www.fivefingerscanada.com/), these guy mean business.
So,nike sb trainers (http://www.sportsshoesuk.com/nike-dunk-trainers-men-shoesuk_37), if the dollar declines then it costs less for other countries to buy oil so they try to buy it up more quickly but this results in an increase in demand and that drives the price up. Simple economics.
When one thinks about fuel and South Africa they often think of SASOL but SASOL accounts for less than 1/5th of the total South African fuel demand
Caltex is the major supplier of South Africas petrol,uggs canada (http://www.uggscanadaonlinesale.com/), and they distribute semi-refined oil to other petrol companys refineries. There is difference in petrol from one company to the next but the core is the same Caltex oil.
The different companies have different techniques and chemicals that they add to the petrol so that is why they can advertise as being different, or better, that one another.
So with the new understanding of the oil industry in South Africa and of the problems it is facing one might ask what are the alternatives? The Prius from Toyota is an engine that is powered with hydrogen and we have had that for a decade. There is also a green-friendly engine that BMW has been working out the bugs on for some time now and which recently hit the roads. In fact, i cant think of any major car company worth their salt NOT working on a greener engine for many years now. These various solutions are not as easy as individual car owners doing modifications on their car engines to facilitate a different fuel solution than the one that the manufacturer originally installed.
One needs to look to individual pioneers and grassroots movements to find any real solutions.
It also helps make emissions substantially cleaner.The percentage of happy customers is about 99%! So how about you?
Water4gas = A Solution To Next Years Oil Prices