The Petroleum

The prophecies about petroleum seem to be complying. The price of the barrel stays above US $130 and it is generating innumerable conflicts. For worse, there is no alternative fuels that can replace oil in the short term, and while from OPEC is blamed speculators, pushing upward the price of the barrel when from supply and demand do not justify. It seems that biofuels are not the solution to the energy issue but a new problem, shown with the great debate that have generated worldwide and accusations that receive, be the cause of the rising world price of food situation that is also generating conflicts both or more serious that the caused by the rise in the price of oil itself. In Europe the level reached by the price of a barrel of oil is generating numerous disorders. In Spain specifically, the situation is the most difficult of the euro zone. In the month of may, inflation in Spain in his Interannual variation reached 4.6%.

This is not only a problem for the living conditions of the Spaniards, but also for the competitiveness of its economy. To get an idea of the worrying thing is the data of inflation, the level reached by the same, has no record since 1995. Clear that the oil price is one of the main responsible for this phenomenon. It seems that the inflation rate moved above 4% there, and intends to stay, since this is the fourth month in which is located above this value. But the problem in Spain is not rising prices itself, but the unleashing of other conflict situations that this same generates. It is so, product of the strong rise in the price of fuel, a group of truckers sector comes forward carrying a large strike and already has claimed one life. This strike is the worst faced by Jose Luis Rodriguez Zapatero since he assumed the Government of Spain in March 2004.