Sunday, March 6, 2011

Suez Canal


Today, the Suez canal is controlled by Egypt. The Suez canal is a very busy means of travel, in just the month of January, 2,970 ships passed through the canal. The canal is said to be the shortest connection between the east and west. The Suez canal also saves ships travelling longer distances, it saves time, and it also reduces shipping expenses which saves consumers and businesses money. Today, in a world where gas prices can go up five cents in just one day, the Suez canal is more important than ever. Since 1/3 of all oil passes through the canal, the price of both oil and gas would sky rocket if the Suez canal no longer exsisted.

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