Price of oil
Sir, —With reference to your editorial “Steadying the price of oil” (June 21) I fear a continuing complacency by New Zealanders toward the imminent oil shortage. The Saudis are to be commended for holding a further rise in the oil price in face of the declining value of the United States dollar and an increase in world inflation. However, it is just putting off the evil day when we will not be able to afford our present consumption. The real urgency of inevitable oil shortages is not being impressed on us as
it should be. Money that is being saved while the price is stable should be directed towards research of renewable energy sources to a much greater degree. All of us should be preparing now for the effect of prohibitive oil prices and acute shortages.—Yours, etc., C. A. FLANAGAN. June 21, 1978. j
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19780623.2.124.2
Bibliographic details
Press, 23 June 1978, Page 12
Word Count
147Price of oil Press, 23 June 1978, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.