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Because the people in the war wouldn't give us oil.
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∙ 12y ago
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What are oil bonds?
Government owned oil companies in India suffer losses as the prices of petroleum products are administered by the government. Even when the oil prices increase the government is not in a position to rise the prices automatically due to fear of loss of popularity. So the government issued oil bonds to cover the losses or to put it simply the loss was covered by the government without paying a single rupee from its funds. The oil companies can raise loans against the bonds but can they cash the same is a moot question.
Would it be advantageous to borrow money if you expected prices to rise?
If you expect prices to rise when borrowing money it depends on if the interest rate is smaller than the rate of inflation. If the interest rate is smaller than it could be advantageous.
Why do gaz prices rise?
Due to the overconsumption. When the demand increases the price also increases.
What is a rise in prices brought about by an increase in the ratio of currency and credit to the goods available?
inflation
Why do market prices go up?
Prices can rise for various reasons. However, they usually go up when demand increases, or if there is a condition that causes a scarcity of resources.
Who is gaining from the rise in oil and gas prices?
the government
What happens when oil prices rise?
Blush thank boo
How much are fuel prices expected to rise this summer?
A driving factor in the rise is the Gulf oil crisis. Prices are expected to rise at least 7% over the summer.
How does rising oil price affect the price of polyester resin?
as polyester resin is a bi-product of oil so if the prices of oil rise then it is definite that the polyster resin price will also rise.
If crude oil prices are valued in American dollars and the British Pound is now worth two dollars why hasn't there been a drop in the price of petrol and oil-related products in the UK?
The recent rise in oil prices has been much greater than the rise in the value of the GB pound against the US dollar. Without the change in the exchange rate the rise in oil prices in pounds would have been even greater.
When oil and energy prices rise the economy tends to experience what type of inflation?
natural inflation
What caused energy prices to rise during Carter's presidency?
An oil embargo against the United States
What are societal changes that affect the family?
prices rise gas goes up oil rises in price
How much did crude oil prices rise in 2008?
The highest that the crude oil prices ever hit was USD$147. You can read about it and the reasons why the prices went that high here : http://english.aljazeera.net/focus/2008/09/200898133143509358.html
Why did the oil exporting countries form OPEC and what effects did the subsequent rise in oil prices in the 1970s have on the Third World?
the oil exporting countries of the middle east formed OPEC in 1960 because of the Suez crisis and the oil prices rose as production decreased
What causes Price rise in a particular market?
Generally prices rise when the is increased demand for a product (oil/petrol for example) or when there is a restriction in the supply (eg houses).
When prices rise what happens to income?
When prices rise, income buys less.
