Oil Price and Inflation

Mt Friend Rishi wrote an article in ET [http://epaper.timesofindia.com/Repository/ml.asp?Ref=RVRCRy8yMDA2LzA2LzAzI0FyMDE4MDI=&Mode=Gif&Locale=english-skin-custom]

and I am jotting down couple of points on my mind. Read on...


If you earn more,you ought to be prepared to spend more. I agree to disagree with you. I would certainly spend more no doubt about it. The force-spend is making me spend more with the upshooting Oil prices and therefore the other items, they call quintessentials.

Stay calm,breathe easier, I am taking a different perspective.

With the increasing gas prices, My aunt says the gas price in the US has doubled in the last two years, pay hike being a mere 15 %, the people to panic are the automanfacturers to match up their targets. Automanfacturers are pumping more money into research to find an alternative for Gas . More the research and channelized energies, better are the chances to invent a new source.