Oil prices keep on plummeting, and although it’s nice for those of us who own gasoline-demanding cars, it tends to hinder sales of electric cars and the overall development of renewables to a certain extent. There is one major upside to these exceptionally low prices: the cost of food drops, which is significantly important for those without enough to eat. Oil prices are always a factor in determining the price of food, with farm machinery, fertilizer and transportation all depending on oil to function. When prices of oil go down, so do the costs of making and buying food. If there is an upside to the drop of oil prices, it is that more people will be able to eat or save money on food costs.
The huge, hidden upside to low oil prices
More of Today's Solutions
NYC food pantries are now stocking pet food for struggling households
BY THE OPTIMIST DAILY EDITORIAL TEAM If you've ever moved a bit of food off your own plate just so your dog could eat, ...
Read MoreAge-by-age Halloween tips from a board-certified pediatrician
BY THE OPTIMIST DAILY EDITORIAL TEAM Halloween might be the one night a year when the whole family ends up outside together, moving through ...
Read More3 lifestyle hacks to help you become a little happier
There is no one path to finding happiness, but there are some lifestyle changes you can make to become more receptive to happiness. Without ...
Read MoreNamibia High Court lifts ban on gay sex, a win for human rights
BY THE OPTIMIST DAILY EDITORIAL TEAM Namibia's high court has overturned a statute that criminalized gay intercourse, a huge victory for LGBTQ+ campaigners. This ...
Read More
