Fuel Economics - The PM's warning, price hikes, war & subsidies stolen

Описание: In this video we will talk about fuel prices, fuel subsidies and the economics of it all. Fuel prices went up only 2.7% since the war started, and its because of government subsidies. The problem is that fuel, although soley improrted by the EPSE, gets stolen while its being transported and even once it reaches fuel stations, and sold at prices higher than what is set by MOTRI. We will pay for this one way or another, and only the thieves get rich. Our dependence on imported fuel is not sustainable, and measures like driving the adaption of vehicles that rely on Energy we produce locally, like electricity and natural gas and also discouraging the use of low milage cars that consume a lot of fuel are steps in the right direction. The fuel price and supply shock that was instigated by the US-Isreal Vs Iran war is a stern reminder that we should build our capacity and produce things locally rather than be import dependent.