Infographic: The Fossil Fuelled Economy

The infographic explores how and why the price of oil has changed over time and how this have had a huge effect to our daily lives and on the global economy as a whole.

The research we carried out showed that the fluctuating oil prices meant that Americans on average saved $1,100 per household when the oil prices decreased by 57% in a year.

The graphic also explores whether cheaper oil encourages more people to buy a new car and how the tourism industry gets affected by oil prices.

Contributor:  Jennifer Forbes – Vouchercloud

Click on the Next Button to Continue Reading
Obineme Ndubuisi Micheal, Technical | Creative and Senior News Writer, covering the entire value chain of the Energy Industry. Our publication covers the entire value chain of Renewable/Energy, Power, Mining, To get in touch, email: oilandgasrepublic@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.