Oil has been on a wild ride for the past few weeks due to the credit crisis in the US. Here in Canada we have seen the prices at the pumps finally coming down, which is great news, but this should not distract us from working towards our goals of reducing harmful emissions and pursuing renewable energy sources.
The price of oil may be getting cheaper, but as we have witnessed in the past, it’s an extremely volatile commodity that we cannot rely on.
Oil has been on a wild ride for the past few weeks due to the credit crisis in the US. Here in Canada we have seen the prices at the pumps finally coming down, which is great news, but this should not distract us from working towards our goals of reducing harmful emissions and pursuing renewable energy sources.
The price of oil may be getting cheaper, but as we have witnessed in the past, it’s an extremely volatile commodity that we cannot rely on.
The “ Daily Oil Prices ” spreadsheet has been updated.