06 September 2008

Crude Oil Price Drops.

http://news.bbc.co.uk/2/hi/business/7601496.stm

As for my country, Indonesia, it doesn't matter. Crude Oil here is managed by our government, and as a result, the gasoline price didn't soar to the sky like on another countries. However, spike on oil price affected our national balance as well...it's rather unavoidable.

Interestingly, the recent oil drops won't affect our balance. Because the blow was too severe, and it will take quite a long time to recover from the latest oil price inflation. Ah well...

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