Current crude oil prices(2)

Consumers are also bearing the burden of the current high crude oil prices.

Citizens of many countries became accustomed to extremely cheap gasoline to fuel their trucks and sport utility vehicles.

Naturally the current near-record crude oil prices lead to equally high gasoline prices.

Fuel used to be a negligible expense.

Now it is a large budget item for cash-strapped consumers.

Although small car and hybrid car sales are climbing, both types of vehicles are dependent on high-priced fossil fuels.



By Big Mike