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
Elevate your tea experience: 5 innovative ways to improve your daily brew
While the classic simplicity of tea is always comforting, there's a world of flavors waiting to be explored. If you want to add some ...
Read MoreTransforming Tylenol: a sustainable path without coal tar or crude oil
Paracetamol, the omnipresent pain reliever found in countless households worldwide, may soon radically adjust its manufacturing method. For more than a century, this medicine, ...
Read MoreSuccessful gene-hacked pig kidney transplant shows promise in xenotransplanta...
A team at Massachusetts General Hospital in Boston performed a breakthrough surgical accomplishment, transplanting a kidney from a gene-hacked pig into a 62-year-old man. ...
Read MoreUSDA implements new school meal standards to reduce added sugars
The United States Department of Agriculture (USDA) announced significant changes to school meal laws, including the first time added sugars will be banned on ...
Read More
