Israeli-American Offers Solution To South African Gas 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 , lofty interest rates and the inflation which rose above nine percent in February, the highest in the last 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's 15 percent slump against the dollar this year and a proposed 60 percent increase in electricity costs threatens to keep inflation above the target.
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. Since the central bank predicted that the interest rate would start dropping down within acceptable range after the first quarter of 2008 and we seem to be going in the opposite direction that is not helping the Reserve’s reputation or credibility
The main reason for the current food inflation is a high global demand for wheat products, which puts an upward bias on local food prices. Other factors include grains, biofuel production and the demand for protein feed.
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 providing information at a low price which people can use at home to build a small device which infuses hydrogen into the fuel/air mixture that their automobile runs on.
With WATER4GAS you can reasonably expect to improve your MPG by thirty to fifty percent or significantly more. With W4G gasoline is made consumable so you can improve your MPG.
It also helps make emissions substantially cleaner.Happy members number about 99%! Isn’t it your turn now?

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

Ozzie Freedom, Water4Gas founder, is a "computer geek" and all his knowledge about cars is from hand-on experimentation rather than "schooling". Discover one of the best ways to boost your MPG

Please Rate this Article

Not yet Rated

Click the XML Icon Above to Receive Politics Articles Via RSS!

Additional Articles From - Home | Politics

How to Decide Which Presidential Canidate to Vote For - By : Beverly Gartland
T. Boone Pickens, Visionary or Profiteer? - By : Klaus H Hemsath
Race to the US Presidency: How to Deal with a Multicultural Generation - By : Daryl Green
Should Jose Medellin Be Executed? - By : Brian Cuban
Obama Change in Campaign Tactics May Prove Fatal - By :
Politics: I’m Gonna Run for Office - By : Eric Le Grande
High priced gasoline is not the PROBLEM. High priced gasoline is the SOLUTION! - By : David Rosenak
Halt Global Warming by Stopping Fossil Fuel Combustion - By : Klaus H Hemsath
The Kyoto Protocol - A-Z of Global Warming - By : Simon Rosser
Michelle Obama – Her Story - By : Terry Fisher

	Print This Article
	Post Comment
	Add To Favorites
	Email to Friends
	Ezine Ready

Submit Articles
Member Login
Top Authors
Most Popular Articles
Submission Guidelines
Article RSS Feeds
Blog