${log.root}/lowem.log
Inflation, Investing and Everything


All | Musings | Tech | Java | Biz | Energy | Env

AddThis Feed Button
20050827 Saturday August 27, 2005

Africans hit hard by oil prices

energybulletin.net -> reuters.com :

Africans are struggling to cope with stubbornly high global oil prices which are forcing many to walk long distances to work or schools, go hungry as food prices skyrocket, and depend on candles to light their homes. Crude oil prices surged to a record $68 a barrel this week on supply concerns, raising fears of further fuel hikes in Africa where burdened families were already reeling from rises.

"I have a car that I have now parked. I cannot afford fuel because I have other needs such as paying school fees for my children, rent and food," said John Shiundu, a shopkeeper outside Nairobi's city centre.

Students have not been spared. "I have to walk for eight km to school and another eight km back home just to save some money," said Lewis Nyirenda, a college student in the Zambian capital Lusaka.

See also :

1. $68.00
2. High oil prices challenge Indonesia's economy

(2005-08-27 00:02:31 SGT) [Energy] Permalink

Comments:

Post a Comment:

Comments are closed for this entry.




Most popular blog postings on lowem.log :

1. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004
2. 2010 Honda Civic Hybrid preliminary specifications released
3. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
4. How to insert currency exchange rates into Google Spreadsheets
5. Live spot gold price quotes chart on COMEX
6. 2010 Nissan Leaf electric car specifications : 107hp, 24KWh lithium-ion batteries, 100-mile range
7. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
8. Real-time live gold and silver price quotes chart on COMEX

Featured articles on lowem.log :

1. 2010 Honda Civic Hybrid preliminary specifications released
2. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
3. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
4. Honda, GS Yuasa JV to make lithium-ion batteries for 2010/2011 Honda Civic Hybrid
5. New efficient nanotech materials may boost enhanced geothermal power systems
6. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
7. Singapore property market recovery seen as private home sales surge 52% in Jul 2009
8. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004





search
sponsored links





bookmarks

about
my profile
contact me

blogroll
biow/ken/wenn
reviewem
sgenergycrisis

sites
photo gallery
wiki

quotes
live oil prices
live gold prices

charts
live forex rates
live oil chart
live gold chart
live silver chart

historical
crude oil chart
gold chart
silver chart


navigation
decals

Featured blogger at The Energy Collective
Click for Singapore, Singapore Forecast





rss feed for lowem.log

Get Firefox!

powered by
hosted by