Search:

Israeli-American Offers Solution To South African Fuel Prices

The South African economy was expected to have a rough ride this year and it has and there is no quick fix in sight.

People were advised to be extra careful this year when spending as they will start to feel the pinch from rapidly rising prices of food and fuel , high interest rates and the effects of the Nation South African inflation which climbed above 9 percent in February for the first time in almost five years, which added to speculation the central bank may resume raising interest rates.
The Reserve Bank's four interest rate increases last year failed to bring inflation back within the 3 percent to 6 percent target range. The Rand is one of the few currencies in the world which has done worse than the dollar, decreasing by 15 percent in comparative value this year. This and a possible hike on electrical rates of 60% promise to keep inflation aloft well above that 3 to 6% .
The Reserve Bank's credibility is at stake. The inflation numbers may be too dramatic for them to do nothing.
Governor Tito Mboweni said on March 19 the rand's drop will keep inflation above the target for longer than forecast. In January, the central bank forecast the inflation rate will peak at an average of 8.5 percent in the first quarter and drop within the target by the end of the year. We seem to be still going in the wrong direction and that is only hurting credibility of the banking institution.
The inflation of the price of food is a different story, the main force which is propelling that is the international shift towards growing of crops for food to growing of the same crops for biofuel, especially in the US..
The effect of the increasing oil price on the price of gasoline has been a spike in prices. There has been a strong demand growth for oil from emerging markets such as China and India and this, in turn, has sent oil prices shooting up. .
So what can the individual man or woman in South Africa do in order to survive these turbulent financial times? This, of course, is a question with many small answers, not one big one. One can be certain, at least, of where the answer won’t come from. It won’t be from the government or the corporations or the bankers. Keep an eye out for individual innovations and grassroots movements.
WATER4GAS is offering information at a low price which folks can use in their garage or wherever to build a small device which instills hydrogen into the gasoline/air mixture that their car runs on.
With WATER4GAS you can minimumly expect to reduce your gasoline consumption by 30-50% or even more. With WATER4GAS gasoline is made usable so you can reduce your gasoline consumption.
It also helps make emissions substantially cleaner.The percentage of happy customers is about 99%! So how about you?

Article Source: http://www.articleadventure.com

Entrepreneur, songwriter, activist and consumer advocate, GARKO, shows you increase your mpg and save gas and how to improve gas mileage through hydrogen generation which is the best of the inexpensive ways to save gas For a list of current gasoline prices in your neighborhood email garko@startlingdiscoveries.info

Please Rate this Article

Not yet Rated