Oil price impacts globally

Discussion in 'Business and Finance' started by THALLON, Dec 30, 2015.

  1. http://www.msn.com/en-au/money/mark...ices-on-oil-powers/ar-BBo3IQw?ocid=spartanntp
    This all came about by the US pursuing an independence from foreign oil imports,
    and if US environmental policy goes all out on electric cars, solar power, wind and battery storage
    it will be the death bell for some middle east economies that have sucked long and hard on
    US cash for oil for decades.
    Of course some of those countries, mostly Islamic, never seemed to have a clue how to run an economy so may fall to revolution?
    And if Japan ever invents a mass production robot capable of making shirts and plastic toys etc
    it will be the death of both China and India and any other country that relies on slave labour for
    manufacturing. Essentially robots will mean manufacturing will move to a local area rather then foreign and that may mean the end of international shipping?

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