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

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Oil and Gas Republic, an international publication covering Renewable Energy, Power & Electricity, Mining, Aviation, Oil & Gas Industry. For editorial inquiries, please email us at: oilandgasrepublic@gmail.com

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