Oil Tumbling Down
Did you remember the time when petrol cost were so high that all you could hear from motorists were sighs and more sighs.. That was in July and since then, the oil prices have been making it’s tumbling down as much as 69% since. Everyone was worried in the first quarter when it first hit its $100 per barrel and in July it was $147.27.
I read the news that oil could still be making its way down further. As much as I want to have petrol costs lower, I do worry about the impact on the overall following the recent news about retrenchments too.
Ever since the oil prices rose, the goods and products for many items has gone up. But we have yet to hear the price of goods going down much. And if retrenchments and many more companies laying off workers, we do need our goods’ price to be reduced for consumers’ confidence into buying spree.









