Fuel Crisis

Today we bought yet another bike. This one is for our youngest. It was a real scramble to get it today as we arrived from Roermond quite late in the afternoon and made it before shops closing at 5 pm.

The first few shops near our home simply didn't have stock of boy's bikes. But we managed to get this one - looks quite nice. Faris now wants to go to school on the bike this week, with the proviso that my missus come along to send him as well!

Since our daughters started going to school on bike or train, our fuel bill has gone down a lot. Normally we have to fill our tanks full for the week which is about 80 euros. Nowadays we only use a quarter tanks each week.

Today RON95 pump price was 1.66 Euro per litre. That is equivalent to B$3.55 cents per litre – 7 times more expensive than back home. As all over the world are being hit by the fuel crunch, many governments have started to hike their fuel prices and reduce government subsidies. Other things will follow such as electricity tariffs, food prices, flights and so on. The most hit are the poor and those who are living on the margin. Wonder what it would be like by the end year for these people.