Upholstery to Airlines: Unstable Oil Prices Affecting Many Industries
16th November, 2005
Airlines sure. But upholstery? Oil prices can affect a larger part of the economy than is usually thought of. The reality is that a large part of manufacturing (such as plastics) rely on petrochemicals to actually make their products. Upholstery is one of these industries. “Many furniture manufacturers are seeing across the board increases in foam costs which are a primary raw material needed in the manufacturing of upholstery fabrics,” said David Nelson of Theupholsteryguide.com.
To some people, it sounds like a repeat of the 1970s. The stock market fluctuations, the lines for gasoline (which, thankfully have abated for now), and the slow influx of alternative energy solutions make it seem like we are in a time warp. However, a lot of industries can’t switch from petrochemicals even if the alternatives’ technology was far more advanced.
Industries that are staples of the economy, such as injection molding, use oil based raw materials as inputs to make common industrial items that are needed around the economy. You can’t make a solar panel into a box of garbage bags.
With oil prices now down from their close to $70 mark, a lot people are wondering in which direction oil prices could go in the near future. Airlines need expensive fuel to run their aircraft, but a lot of people don’t realize that petrochemicals play a huge part in manufacturing too. And these companies need oil to make their products: no matter what the cost.
About The Upholstery Guide
TheUpholsteryGuide.com was launched in November 2005 to provide information to consumers and business people about upholstery. Theupholsteryguide.com features articles, news, and resources about upholstery and it’s use in modern industry. David Nelson indicated that TheUpholsteryGuide.com plans on adding several new articles and tutorials about upholstery in the upcoming weeks.