Barrel Of Crude Oil Over 130$ Per Barrel:

    The Energy consumption worldwide is rising daily and also the need of Crude oil rises along. The rate of consumption and demand annually worldwide is way over Production. Increasing demand of Crude Oil definitely has effect on price. America and China are worldleaders in Energy and Oil consumption. Experts believe prices haven't reached its peak yet and also to cut down prices, production will have to increase. How does this price affect the Nigerian economy and what advantages do we have in this soaring price of crude oil.
    The prices of Fuel here in Regensburg Germany are quite astonishing, ! €1.54 per liter and Diesel for 1,52 per liter.

How do these prices affect your life in your location and what measures do you imply in saving Fuel or Energy?