El oil price At the international level, it has been increasing for several months due to political and social problems, which cause crude oil to increase its price and this reaches consumers.
Individuals in a large part of the planet pay more for fuel, electricity and even food. Since these are moved long distances by boat or trucks that consume fossil fuel and therefore food also increases when the price of oil rises.
It is a great negative chain reaction, since social groups with fewer resources are the most affected because they do not have the capacity to absorb these increases, so they become poorer.
It also negatively affects the economic development of societies since they cannot produce due to the high price of raw materials or products necessary for their production.
When the price of oil rises, poor people become poorer, the opposite of renewable energies that help people to leave their state of poverty.
A few dollars higher or lower than crude determine whether or not some people will be able to eat because of the price of food since if they rise they will not be able to buy it.
El oil marginalizes those who are poor and renewable energy they integrate people with fewer resources into society and allow them to develop their economic activities, have electricity, etc.
Countries and companies argue over oil but do not care about the social consequences it causes in the underdeveloped world.
In the oil business only a few benefit, while in the renewable energy business it favors all social sectors.
The replacement of oil must be as soon as possible so that the poor do not remain hostage to the price and continue to affect their lives.
Could we maintain our standard of living, if the price of oil will increase continuously?