Reflections+on+oil+price+hikes

I depend heavily for transportation. If the situation were to worsen I would need to cut down on how often I use vehicles, and maybe even cut down on the number of trips that I make. I would then probably have to start relying on the subway or public buses which are subsidized by the Chinese government and would take more time for the high oil prices to be reflected. I would have to reconsider holiday trips because the flight prices would have skyrocketed and most importantly I would probably not get my chance to play inter-school tournaments. If the situation were to worsen I would have to cut down on the dependence of imported goods varying from food to consumer goods. Increase in oil prices would mean inflate food prices in China and with the economic crisis present that has resulted in the laying off of thousands of Chinese workers. My parents would probably get paranoid about the possibility of some public unrest and they would give me a curfew.  **__Week 2 __** My greatest dependence on oil is for transportation. Other aspects of my life that may be affected by the high oil prices would be my demand for consumer goods that are imported. Even though some of the goods may be manufactured within China, they still have to be transported from their industries which are scattered in different Chinese cities other than Beijing. My greatest worry is the food prices that will continue to augment; that means that Eurest is going to be charging me more for lunch. I might have to start packing some lunch if the Eurest prices go any higher. The fresh fruits and vegetables that are imported from neighboring Asian countries will cost more and I might have to switch the genetically modified fruits produced in China. I don’t think that electricity would be necessarily affected by the oil shortage, because most of the power plants within China use coal. My alternative to not being able to use a car means, that I am going to have to more often use my bicycle. But I am not worried about using Beijing taxis because they are subsidized by the government.  
 * __Week 1 __**