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
Image and video hosting by TinyPic

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