Welcome to our Presentation

THE REAL QUESTION ABOUT OIL SHOULD IT BE CHEAP

PAYING FOR THE PAST

High price basically a problem Expensive energy is good for long-term Cheap oil price causes bad impact Tax should impose in a certain level

KEEPING MORE WEALTH AT HOME

Reduce the flood of currency

Essential to boost investment

Gross domestic product Change production causes high price Oil price impact on vehicle

PRICE CHANGING FIRM SITUATION

What happened to Amite Foundry & Machine

LONG TERM UNCERTAINTIES

Year 1980 2007 Price ($ per barrel) $103 $120

2008 July

$147

Movement toward low demand Impact of low demand & increased supply

Uncertainty of the oil price

Carbon dioxide emission will be decreased Will increase productivity

TAKE THE TRAIN

A dramatic way to impose tax

Shifting from private transport to train

Process is slow but probability of success is high

THANKS TO ALL