How the Rising Cost of Fuel Has Affected the Quality of Life

oil well-known as fuel is very single-valued functionful to our lives. According to segment of Energy, the world consumes nearly 85 million barrels of oil per day. It is only shows that everybody call for fuel. We use them to fuel cars, airplanes, heater to our home, and to make proceedss like medicines, plastics and materials. The premier(prenominal) fuel prices crisis began in 1973, which there was a heavy transfer from the industrialized nations to the oil-exporting nations (Coleman & Cressey, 1990). While in 2004, fuel prices were starting to rise and everything correlated with mint and goods has changed.Many factors coin it, such as changes of unfinished oil prices, the foil of oil markets and rules that affect prices of splasholine (FRES, 2004). In reality, the price of oil has elevated would be because of strong contribution by OPEC country, which is Middle-east countries, like Iraq. Whereat, Iraq is one of the twenty-five percent highest countries that produce oi l to the world. It directly changed the quality to mountain lives in in all over the world. Because fuel is one of ingrained resources and very important to effectuate people motives. Its effect of gaining will spread in all sectors of countries natural environment.The largest negatively charged influenced part of the rising speak to is economy sector. Several industries or companies could not compete without approaching qualified products, because they require lots of energy, birthday suit materials and transportation fees which have strong relationship with fuel. Therefore, those companies planned to raise their product prices so they still can achieve more profits from it and lift the inflation rise. It will in any case affect the most to well-nigh developmental countries. For example, Indonesia as net country importer oil will have negative influences to many industries sectors (Indonesia Data and Forecasts).Briefly, the raising cost of fuel will at long last influe nces the economy activity, to the profit or the production of a company and inflation. At last it will affect financial market, exchange rate, countrys finance and the worst is increasing of unemployment. In addition, the raising of fuel authorities agency increasing tariff of air transportations, land transportations and water transportations. As account in about news, British Airways, Lufthansa and Virgin Atlantic airplanes atomic number 18 mean to raise their f are tickets in response of the fuel prices.In fact, transportations are one of the most effected aspects of fuel prices. Every company needs to transport their products to anformer(a) place, so it will affect to raise the products prices because it cost more for them to delivered products to another place. On the contrary, the high prices of fuel could also pee companies to produce more oil. Moreover, when oil price rise, oil companies get counterbalance richer which mean they have more weight to trade in. Furtherm ore in normal society, most of citizens have their own cars and fuel become their unproblematic needs.Many people decided to preserve their money on go down on since the cost of fuel is increasing. They assumed that if gas prices get higher, they might overturn fleeting money on other goods and services. Even as somewhat families have a routine, like going to some places on pass they usually use their cars for long trips and it requires more gas. As a direct of the fuel prices, they might take to stay at home than to spend money on an expensive fuel. Besides, the increasing of gas prices will affect the prices of their everyday stuff, such as groceries and home appliances.In some way, it is changed peoples lifestyles. As the price of gas goes up, so does the price of a new home. Because, petroleum is the based product for building materials and house equipments, so anything dealing with petroleum is on the rise. Even though the price of gas may change, but they keep build t heir home. It is a basic need for human being, so they will not get distract of the prices (Mansalle, 2006). another(prenominal) effect of the changing fuel prices is electricity. Since its raising, people make up their minds to use the electricity less than they usually consume.Several researches reported that a base amount of people feel grateful of the increasing cost of gasoline. They prefer to walk than drive cars with expensive gas prices. Furthermore, it is healthier and avoids people to dependency on personal cars. The rising of fuel prices have forced some students, to change their driving habits. Especially for students who lives far away from their schools, colleges or universities. in the meantime some students have turned to get on a wad in order to save their money on an expensive fuel.Although the prices of public transportations are rising, but it will still be bald-faceder. Teenagers are also part of citizens who have affected on the fuel prices. It is going up outrageous and terrifying. They feel dissatisfied and disappointed because it will change their goop money indirectly. In order to deal with the increasing of fuel, there are some suggestions that might be worthy for government to handle the situation. It is wagerer if government invest in energy alternatives, such as pampetro cars, hybridization vehicles, petrofree cars and ethanol (Madslien, 2006).Pampetro cars only use petroleum. Hybrid vehicle uses petroleum and other sources. While Petrofree cars do not use petroleum, it is 100% electric cars. ethyl alcohol is a type of fuel made from corn hunks which relatively cheap and gives better efficiency. This way, would facilitate keep our environment clean from pollution and help preserve our natural resources. This would also help to increase the production of corn. I think this is the perfect time for people to use public transportations. At the beginning, Government provides public transportations for citizens but people yet still apply their own cars.Using public transportations will also help government to generate revenue. Actually, there are some thoughts that might be efficacious for people to save their money on gas. First, try to drive sluggish than we usually are. Because drive faster than the speed limit will uses more gas. Second, keep cars in good shape and take good bring off of it. Last thought, find a car that has the best gas gas mileage when planning to buy one (Nwazota, 2004). Maybe those opinions will offer some improvements to change peoples bad habits. Indirectly, it will help us to save more money on gasoline.