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Fight Back Against Rising Oil Prices!

By: ronb107

Oil Prices Have Risen 25% in the First Quater:

In the first quarter of this year, crude oil has increased 25%. The media states that this is a result of the exploding demand for energy by both China and India, and also the reduction in the supply of crude oil from Iraq and Nigeria.

Supply and Demand Account for Some of the Price Increase:

While the news reports are true, it only accounts for a small portion of the increase in the price of crude oil. Global data indicates that the actual consumption of crude oil is down, and the global supply of oil is up. In the last quarter of '07, crude consumption dropped from 87 million barrels daily to 86 million barrels. And during this same period, the global supply of oil increased from 85 million to 87 million barrels. Economics theory states that when demand drops and supply increases, the price should drop.

But this is not what happened. During this period, crude oil prices sharply increase.

Commodity Trading is Causing the Sharp Rise in Oil Prices:

How does commodity trading play a role in raising oil prices? Partly the volatility in Venezuela and Nigeria are having an impact. But predominantly it is the surge in money from the stock markets and real estate that are flowing into the commodities market; specifically, the oil. Traders then bid the price up to reap huge profits.

In addition, the decline in the dollar is contributing to the rise in prices. Because oil is pegged to the dollar, OPEC raises the price of crude to maintain its profit margin. With prices declining in real estate and stocks, money is flowing into commodities such as oil and gold futures. This is resulting in a bidding war and a potential bubble.

What is the Outcome?

Prices for oil will continue up until the commodities market for crude oil declines. When this will occur is uncertain. When it does occur, it is uncertain just how severe the drop will be.

How can we fight back? Current technology provides an answer to high gasoline prices; technology that will reduce gas consumption by significantly increasing the mpg of your vehicle.

We Can Fight High Gas Prices:

Within the next few years, car manufacturers will be introducing high-mileage cars. But there's no need to wait or to pay a premium for the next generation of cars. Techonology exists today that provides an inexpensive way to reduce our consumption of gasoline by increasing significantly gas mileage. And, there is no need for any expensive modifications or adjustments to the engine.

The technology available today is electrolysis. Electrolysis is the process of converting water to a combustible gas called oxyhydrogen (HHO). This gas has 3x the BTUs of gasoline, which means it's an excellent energy source.

This system is completely safe because the oxyhydrogen is only generated on-demand and is fed to the engine immediately. There is no fuel cell required to store dangerous hydrogen as occurs in the Hydrogen Fuel Cell car.

An additional bonus is that the gas when burned is converted back to water. This not only reduces pollution, but also benefits the engine by reducing carbon build-up in the cylinders.

Depending on your vehicle and driving habits, you could realize a 50% or better improvement in gas mileage. This could result in thousands of dollars saved each year in gas expenses.

Based on the same principal as the Hybrid car, this system captures wasted energy and recycles it. And like the Hybrid car, dramatic increases in gas mileage can be obtained. Wasted energy occurs whenever the engine is running and the vehicle is not moving, or when coasting down a hill.

Article Source: http://www.particlearticles.com

Read more about Gas Prices Going Up or to learn more about this technology, and how it can be easily and cheaply installed on your vehicle, go to How to Run My Car On Water.

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