What! Low oil prices also have these sequelae?

Although oil prices have rebounded in recent days, the situation of oversupply has not improved much. Unless oil producers can control each other to reduce production, low oil prices will continue for a long time. The discussion of the impact of low oil prices on the world economy has long been full of enthusiasm, but the unexpected impact of low oil prices is rarely known.

First of all, low oil prices may not be good for our body, at least in the United States! According to the Financial Times, Charles Courtemanche, a professor at Georgia State University in the United States, showed that whether the price of gasoline in the United States is high or not is inversely proportional to the waistline of the people. Because the price of oil is high, it reduces people's willingness to drive, preferring to walk or take public transportation instead. In addition to saving money, it obviously consumes more heat. On the other hand, the money saved by low oil prices is more likely to be spent on outings. When you go in and out, low oil prices are obviously not good for your weight.

On the other hand, low oil prices are not good for environmental protection, because the cost of renewable energy such as solar energy has been declining, but the price of oil in the face of waist and waist is still not competitive. The low oil drop poses a threat to the well-known renewable energy and is even more deadly for the edible oil recycling industry. The edible oil recovery used in the restaurant has always been the main source of biodiesel, and it is an environmentally friendly and widely used renewable energy source. However, oil prices are low, and it is no longer profitable to recycle edible oil to refine biodiesel.

In the past, manufacturers in the United States would help the restaurant to recycle free of charge. At the peak of the oil price, the restaurant would even pay $3 per gallon to recycle the cooking oil. Now the restaurant owner has to pay for the shipping fee. According to estimates, the biodiesel industry lost as much as $130 million in 2015. In response to the US government's intention to amend the law to force the use of biodiesel in the fuel, the US Congress also agreed to extend the tax reduction policy for biodiesel.

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