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WORLD OIL, CURRENCY, AND LABOR MARKETS

According to Trading Economics "Crude Oil Production in Colombia increased to 955 BBL/D/1K in March from 951 BBL/D/1K in February of 2016. Crude Oil Production in Colombia averaged 698.89 BBL/D/1K from 1994 until 2016, reaching an all time high of 1035.00 BBL/D/1K in January of 2015 and a record low of 356.00 BBL/D/1K in May of 1994."

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As we can see in the chart, the production of oil in Colombia is decreasing and this means that the price of the gasoline increase. this problem affect Green Road in the invest that we have to do, because we move our shop in a truck so we are going to pay more for moving Green Road in different places.

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References:

http://www.tradingeconomics.com/colombia/crude-oil-production

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