The petrol price increased not only to the poor countries but also happened to the more developed and rich countries. From this reasonly oil price increased the people from the richer countries also felt the pinch, everyone start to protest. While those from the poor countries suffered even more.
There is always a price linkage, when the oil price increased it will also jack-up the cost on the transportation, daily consumer products, services and more. From our existing income there is no chance to cope to the fast leaping of price raises. The standard of living became more difficult, the poor became poorer.
The value of monies will depreciate, consumer buying power will decrease.
Petrol play a very important role in our live because most of our machineries runs on it. We were controlled by this raw material source. How to overcome this matter? If we able to find other source as an alternative then there might be a hope to bring down the price. Anyhow live still have to go on.
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