Science Common Sense
664 - How does the price of oil affect everyday products?
Imagine a big web that connects many things we use every day. When the price of oil changes, it affects many products in the following ways:
- Food and drinks: Oil is used for transportation, so when oil prices go up, food prices might increase because it's more expensive to move food from farms to stores.
- Toys and clothes: Manufacturers use oil for making products, packaging, and shipping. If oil prices rise, these costs are added to the products' prices.
- Plastic items: Oil is used to make plastic, so items like toys, water bottles, and other household items might cost more if oil prices go up.
- Air travel and transportation: When oil prices increase, airlines, buses, and trucks might raise their prices to cover their increased fuel costs.
These changes can happen slowly and might be small, but they can affect many things we buy or use every day.