Please be mindful that although most statistics in this article may refer to pounds sterling readers in other countries will realize that the increasing costs of fuel from the pumps affects them too wherever they are resident.
We are now in mid 2008, last year's predictions of high prices for foods, higher energy bills, rising fuel prices and general belt tightening have now been proven not to be scare mongering but real life fact; and all put together its not gone down at all well with us.
Life for everyone has changed in some little way, whether you have decided not to buy that certain little food delicacy you enjoyed because its now too pricey or, instead of turning up the heating you are having to put on extra jumpers and cardigans to save on energy bills the general belt tightening is happening and and is a fact of life that is with us NOW.
How much higher prices will go is unknown but there is a breaking point for everything, so when that maximum peak is reached demand will begin to decline, when that decline sets in it will affect all products and services across the board and unless serious action is swiftly undertaken it will lead to those dreaded words - Stagnation and Stagflation.
Regarding those last two words I enclose the following for info:-Stagflation is a macroeconomics term used to describe a period of inflation combined with stagnation (that is, slow economic growth and rising unemployment), generally including recession.
The portmanteau term "stagflation" is generally attributed to United Kingdom Conservative MP and later Chancellor of the Exchequer Iain Macleod , who coined the term in a speech to Parliament in 1965. Economists today offer two main explanations of stagflation.
First, stagflation can occur when an economy is slowed by an unfavorable supply shock, such as an increase in the price of oil in an oil importing country, which tends to raise prices at the same time that it slows the economy by making production less profitable. Second, both stagnation (recession) and inflation can be caused by inappropriate macroeconomic policies. For example, central banks can cause inflation by permitting excessive growth of the money [(source Wikipedia)
Taking into account the world situation today does not the above ring a bell? What about that old adage "what goes around comes around". Today we have the huge hike in the price of oil combined with the world banking credit problem caused by U.S. banks miss-selling worthless bonds to the rest of the worlds banks and financial institutions ( how responsible or savvy were those bankers and money men who bought those bonds then, should they now still be in their jobs?)
There is no one big clear answer to all of the above economic problems but on the motor fuel consumption side there is a solution.
First lets consider some facts. Here in the UK for every 1pound sterling spent on fuel the government puts 85pence of our hard earned money into its own cash box. Last year 81Billion pounds sterling was spent on motor fuel in the UK and our oh so friendly government who pledge undying affection to the national population before every election trousered 51Billion pounds of our hard earned cash; that is on top of the income tax, national insurance contributions (a tax by another name), capital gains, stamp duty, etc. etc. etc. that gets ripped out of our pockets.
If the government is committed to imposing such a punitive level of taxation on fuel, effectively making life very difficult for certain sections of society, we surely must see evidence of what it is using these tax revenues for.
When bad times happen in our lives we always tend to look around to find a way to ease our problems, to reduce the worry and the hardship. Luckily, very luckily for us we all have an opportunity now with regard to fuel prices to turn the tables, take matters into our own hands and really have the Last Laugh.
Laugh, why should we laugh? Well simply because matters outside our control have forced us to think outside the box. If the matters which are of great concern to us financially were not there we'd stick with the status quo, but now we are forced to act differently.
In the UK the present average price per litre of petrol is 1pound 30pence (US $2.50 so we in the UK already have the US$10 gallon, how would you US citizens react to that?)
How much would UK citizens relish the thought of only paying the equivalent of 90pence per litre, or say even 60pence per litre. Like it? As they say today "how does that grab you" -60pence per litre!!.
Yes it is possible, so who is laughing now? Not only could you be paying that price but you would be saving the difference into your own pocket and the big plus to it all is that you would be helping the environment.
How is all this achieved you ask, answer - by fitting a water to fuel conversion kit to your vehicle. In simple terms the "water added" is converted into hho or Browns gas and is added to the normal fuel of the vehicle.
Its not new technology, its been around for 90 years or so, and as its in the public domain no person or company owns a patent on it. In addition to the greatly improved fuel economy please also consider the other huge benefits of this system.
1) Greatly reduced carbon gas emissions from the exhaust thus contributing to a cleaner environment and a lessening of global warming. 2) In using this system it enables your vehicle to effectively steam clean itself internally which makes it more efficient and creates less wear on internal parts. 3) Your vehicle runs quieter and smoother.
Yes a water to fuel conversion system is a proven method of achieving all of the above and in these hard sombre times it really can give us the Last Laugh.
Bill is now retired but as a keen motorist has driven on most continents of the world and has a keen interest in environmental issues, these account for only a couple of his many varied interests. For further info on the Water4gas fuel conversion system please visit..http://www.the-car-hub.co.uk/