Coping with Surging Increase of Prices

It all started with the war threat in Middle East by the United States, though not formally documented, I see this as one reason why fuel prices are shaking. In the present, oil prices rose from nearly 130 dollars a barrel and has been an uphill climbed since then increasing nearly 15th time in less than a year. A roll back of a dollar after a surge of 3 or 4 dollars is still up afterall.

Then the chain effect followed, all means of businesses that requires fuel are up. From logistics, department stores, hypermarkets, restaurants, public vehicle fares all of these fees are up and no one is exempted from it.

Take this illustration, where you had thought fruits and vegetables are not included. They are, since they too need fuel to transport goods from origin to destination.

If a business has a million dollar worth of goods and prices rapidly inflates to a 20 percent rise. There you are, a million dollar now is only good for about eight hundred thousand worth of goods. Now you see the implication?

In this trying times everyone wants to escape with this dilemma, one of you might have thought of driving a fuel efficient car, or perhaps selling it.

But one of the most effective way I guess would probably to buy in bulk, a good way to counter attack rising prices. And the chain follows, when you do buy in bulk for instance canned goods good for a month, you can probably save four to five trips weekly on fuel. In this times, survival is the name of the game.

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2 Responses to “Coping with Surging Increase of Prices”

  1. Gas prices are killing the travel industry

  2. Thanks for your comments Debohobo.

    Exactly, I do hope that it won’t kill travel blogs though :-p

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