Points to remember before you participate in this discussion:
|Jithin said: (Oct 13, 2017)|
|When we see the price of oil globally and compare it with INDIA, it's very much surprising. Globally oil price is falling. But in India, it's raising, now government selected daily change in oil price. But I feel its useless, why the government Not putting crude oil and oil products under GST. Still, the charging us excise duty on oil, government Reduced 2rs excise duty on oil and told it will be a loss of 26000cr annually for government Showing that like they did a big favor to us. INDIA is also a developing nation like our neighboring countries if we see the oil price of their country it's reasonable. So, in my opinion, oil must bring under GST to control its pricing.|
|Neerav Singh Nirbhay said: (Oct 4, 2017)|
|This is the major issue today the rising price of oil which has become an important part of our life. It is not good to be dependent on using oil as fuel. There are also some alternate options like using e-bikes, e-cars, cycles, using public transports, sharing vehicles etc. But there needs a great management to manage taxes imposed on it by various means by central and state governments which is the main reason for hiking prices. GST like initiatives may help it to deal in it. And people awareness will play a major role in dealing oil pricing management.|
|Karamjeet Singh said: (Oct 2, 2017)|
|Best way to deal with high oil prices are carpools, use of alternative source of e-bikes, bicycles, and the cheapest mode is by using govt transport.
Prices depend on the demand and supply criteria and lesser the demand lesser the price.
In the recent scenario even though the price of per barrel has declined but the state is not ready to reduce the taxes as this is the only source they are attacking to set off the losses the state has incurred with the implementation of GST.
|Sanam said: (Sep 29, 2017)|
|Hi good morning everyone,
According to me, Nature having lots of other resources, which can be used as optional for Oil and other rare resources.
Solar system (Unlimited source), Electricity which can create unlimited by using wind power (unlimited source), water power (Unlimited source).
If we use the optional resources then only we can save the rare resource like oil and gases of an earth.
|Krishna Kumar said: (Aug 5, 2017)|
Oil prices are purely depended on demand and supply. If demand is more, the supply will become low then cost of oil prices will rise. Buy central government can control the price of oil. For example, if government Wants to raise the oil prices, instead of hiking the oil prices they can hike the price in railways, gas, cigarette, alcohol, etc. Especially they can hike in cigarette and alcohol. Because these two are demandable than petrol.
People should know how to use oil. For example, government Drivers, if they stop the bus in the red signal, they don't switch off the engine they keep it on till the single becomes green. This is also one kind of wasting the oil.
|Ashok said: (Jul 27, 2017)|
|Hello, first of all,
I want to say that oil is essential to everyone. Use of oil is kept on increasing. Oil is a renewable energy. As a citizen of our country, we have to save the oil. Oil is needed for our vehicles. Even public transport needs oil. Oil like petrol, diesel etc is very essential. Generators run because of oils. We can avoid using two wheelers or four wheelers, inverter consumes huge oil. If it continues, the demand of oil will be very high and there will be no oil in future. We need to save it. Oil is too very dangerous when 1 spark of fire touches the oil, it will burst. Many accidents occurred because of this and many too lost their lives. So I request everyone to be very careful while using and use it limitedly.
|Vanika said: (Jun 30, 2017)|
|Hello fellow members.
In my opinion, consumption of oil will increase with increase in production and growth of the economy and reducing the imports or reducing our consumption of it may not prove to be very helpful. Thus, in order to deal with high oil prices India can make strategic alliances with the cartel to obtain oil at cheaper prices moreover it can barter it with some service or good. Moreover, price rigging and corruption are the main reasons behind the high prices apart from the forces of demand and supply.
India should go for alternate sources of energy and invent technology for using bio-waste instead of oil, it will be the cheapest and help India in waste management as well. Moreover, solar energy or hydro energy should be put to a better use.
|Anamika said: (Jun 23, 2017)|
The rise of oil prices is due to the increased imports. Various kinds of taxes are levied on it and the prices ultimately get hiked. Also in our country, there is high demand for oils for various purposes and low supply of it. So, in order to decrease its price we need to decrease our consumption which will decrease the demand and hence there will be a balance in demand supply. Firstly we need to be conscious of our usage of oils. Do not keep the engine on when not driving, Use alternate sources of energy, try walking or cycling for smaller distances, try using public transports, make a habit of carpooling. If we maintain all these habits then we can dream about prices of oils to go down. Thank you.
|Swapnil Suryawanshi said: (Jun 16, 2017)|
|In my point of view, India is imposing the crude petrol from countries like Iran and UAE WHICH are abundant of petrol. Crude oil is available in not much higher price but When Indian petroleum company imported it there are many taxes levy on it. Also company include labour cost production cost transportation cost on it and finally we get price at high price. Here times comes when Demand is more and supply is less as there are very less purging company available in our country. To tackle this situation we must use alternate source of energy like ethanol biogas as conductor of our vehicle. We can also tackle it by using bicycle to go to small distances, avoid using extra petrol when we have no work.|
|Marepally Bixam said: (Jun 16, 2017)|
|My dear friends, Inorder to deal with high oil prices we have to reduce our oil imports. That means we have to reduce our consumptions. Otherwise we should invent some other source of fuel. Unless and until we reduce our consumption we can't deal with high prices in oil.|
|Neeraj said: (Jun 3, 2017)|
As we all know that what is the role of demand & supply as demand goes up and supply goes down so usually prices go up. Just like this situation takes place because of "demand and supply". Day by day demand of such oil is increasing the stock because of multiple reasons like increasing numbers of vehicles and there are many other machineries which are useful for work only with help of oil. So if we really want to reduce the demand of such oil so there is need to work on it so that we can stop the hike of prices till a level. So the following stages would be effective to use. 1. Turn off your engine when the traffic light turns red. 2. Don't keep start your engine when your vehicle is not moving. 3. Going in your own vehicle when there is need to go with. 4. Use public transports as much as possible to go from one place to other. 5. Don't try to use extra machinery, use as per need. So with the help of these steps, we can reduce the oil demand in the market.
Using CNG gas is also a kind of power through which we can run our vehicles on the roads. So using CNG we can also control the hike in prices.
|Surbhi Sharma said: (May 16, 2017)|
|India imports 80% of its oil consumption from Arab countries every year. The oil reservoir is very less in India but our population is very high. So we can't fulfil the demand of oil of our country so, it should be better to save oil as much as we can save. Use
1) PUBLIC TRANSPORT.
2) USE BICYCLES.
3) USE COMPANIES VEHICLES TO GO HOME TOGETHER WITH OTHER EMPLOYEES.
4) IF MORE MEMBERS ARE GOING OUT AT SAME TIME THEN USE SINGLE VEHICLES AND DROP EACH OTHER.
5) DO NOT ALLOW CHILDREN TO RIDE BIKES INSTEAD OF CYCLES.
6) USE THOSE VEHICLES WHICH USES LESS OIL AND WHICH ARE NOT TOO OLD.
7) DO REGULAR SERVICING TO OUR CARS AND BIKES.
These are the small steps to same oil.
|Soniya Choudhary said: (May 13, 2017)|
|India is the biggest importer of oil and our revenue is not sufficient to cover all these things. This is the reason of hiking in oil prices. So to maintain oil prices in India, we need to reduce our consumption of oil.
1. Start to use alternatives of oil. Many countries like America, Brazil are using ethanol instead of oil for transportation. Oil resources are also limited in nature, therefore it will be helpful to maintain the resources of oil.
2. Instead of own vehicles, we should try to use public transport and bicycle for our daily curriculum.
3. Start to promote electric and solar vehicles for using because these are renewable sources.
So every person should be concerned with the government for dealing the high oil prices.
|Aman Sharma said: (May 9, 2017)|
This is Aman Sharma here.
Simply we need to make some powerful rules for dealing with these problems which are-.
A) Make one rule which is based on age as we are following that the eligible age for voting is 18 years, so the government needs to compulsory it for driving or riding also.
Because we have seen that small -small kids are going to school with the bike instead of using cycle.
B) Unnecessarily, the goverment put charges on petroleum product while importing due to this when it approaches near to public it automatically gets on high rate. So we want actual charge sheet from the government to know the actual price after taxation.
C) We need to categorized the cities on the basis of consumption of petroleum products, and according to that conduct awareness program by central & state government for awareness and also about more n more use bicycle. For short distance.
D) Using of vehicle-based on battery, operating machinary work through electric, solar systems & hydro power can reduce this problem to some extent.
|Ravi said: (Mar 25, 2017)|
|Firstly, hello everybody.
Our topic is "how to react high price petroleum oil?".
All know oil in non-renewable product. Some year later oil should not be produced. So save oil and also as near place drive only bicycle as well as possible. Its effect is low consuming oil and save the environment (pollution free environment).
|Akash said: (Mar 8, 2017)|
As the statics say by world bank that India export 80% of crude oil. To buy that much oil we need exchange our money into dollar that makes rupee weak against dollar. This makes an impact at every commodity in India.
To dealing with this problem there are 2 ways.
First, we have to use less machine that uses more crude oil but it's like a wind which gonna that blow no one good because it's going to slow down of production process by this way our GDP also fall.
The second way is we need to try to increase our export so which will GDP but only export is not gonna help us on this problem we need try new approaches to which help us make energy.
|Ajith said: (Feb 11, 2017)|
In my point, government order to more tax in two-wheeler and four-wheeler vehicle.
Then more public transport using the transport and using the bicycle in walking distance it is good exercise of our life. Oils are increasing main reason is corruption, and our economy problem.
|S.Nantheesh Kumar said: (Feb 2, 2017)|
Don't waste oils without purpose and Introduce Bio-fuel hydropower and solar energy in place of oils.
Walk and use the bicycle for short distance.
We need to use high mileage bikes and public transport for reducing this problem. We need to use battery charge.
Use CNG vehicles.
|Ramana.Nv said: (Jan 18, 2017)|
Nowadays, most of the people are using vehicles even they routine works also, so automatically fuel consumption is increasing day to day life.
Our government of India pays much amount of money to foreign countries and to import the oil. Oil is non-renble oils so insure cost of the oil is more and demand is more. Availability of the oil source is less.
So don't waste oils without purpose and introduce biodiesel, hydro power and solar energy in place of oils.
Thank you all.
|Shivaramreddy said: (Dec 22, 2016)|
|In my point of view.
If oil prices increase automatically the transport charges will be increase at that time electric scooters, metro trains, bicycles are the better way to travel until the prices will become low and gas cars are also useful at that situation this thing will be better deal if oil prize increases.
|Neha said: (Dec 20, 2016)|
I think it's a major concern and the need of the hour to regulate the oil prices and this can be done only when we are aware of the fact that less usage results into a decrease in prices. So start using public transport, start pooling! The days are not far when prices will slash! This is good if seen from other aspects as well.
|Soumya said: (Dec 20, 2016)|
|Oil price can't be dealt with unless we take collective effort and a collective effort can b only possible if each and everyone take measure like using public transports which at times less luxurious but it will lead to better life in future in terms of availability and relevance of oil to each and every people at a minimal and an affordable rate.|
|Pramod Kumar said: (Dec 19, 2016)|
|To reduce the oil there are so many options. Now these time crude oil will be going to reduce so we think tp alternative idea like that electric power, solar power, biofuel and to make such kind of eco-friendly uses like that CNG. And another reduces the oil we prefer the public transport, share with his journey, used to bicycle answer walking if possible up to certain limit. So there are reduce the fuel consumption. It will definitely to reduce the cost.|
|Srikar said: (Dec 19, 2016)|
|Yes, alternatives like metro train services, bicycles and electric vehicles should be used for public transport.
Electric automobile manufacturing and utilization should be encouraged. By decrease in usage of oil prices my fall gradually.
After oil prices fall down people should continue to use alternatives so that prices don't go high again.
|Kiran said: (Dec 10, 2016)|
|Try to give an better infrastructure to the scientist for to development the solar system by the government not by creating any political pressure.|
|Kiran said: (Dec 10, 2016)|
Try to improve a habit of riding a cycle for short distance which parallel creates an environmental friendly to and at the same time less amount of consumption of oil be maintained. Because we already knew that more amount of oil be used when we ride a bike in local area, one of the reason is traffic and many more.
|Ashwini Mogal said: (Dec 6, 2016)|
|We must use the oil daily in less amount as compared to we use earlier.|
|Santosh Pant said: (Dec 6, 2016)|
As we all know that India is one of the high oil importing country. That's why nowadays we are facing the problem of hike in oil prices. Currently, the quantity of crude oil decreases day by day, if demand remains same it will automatically increase the price of purified oil. To reduce this price currently, there is no option left unless we think about alternate of oil. Like solar power, electric vehicle.
So my point is that we need to cut down the usage of oil by,
1. Use of public transport rather than using own vehicle.
2. Use of eco-friendly vehicles that is running CNG is also a good option to remove oil consumption.
3. The government has to make a law in such a way that every individual family should have limited vehicle.
4. The government should encourage scientists and researchers in order to make vehicles largely based on electricity & solar energy consumption.
5. Every individual of society has to use a bicycle or public transport services for shorter distance let say 5km this should be made as a law then almost 20% to 30% of fuel-importing will reduce in such way & this will also help to improve our health.
|Akshay said: (Dec 6, 2016)|
|We should consume less oil by not using oil. We should use CNG either than oil. Because it's impossible to control oil consumption at this stage. And we can't control our population so we can do this from my point of view.|
|Ronak said: (Dec 5, 2016)|
|I think its not about we uses or not, our less usage of oil is short term solution. This problem will going to raise in future also. The one and only better option is to find alternatives.|
|Deepak said: (Dec 4, 2016)|
|High oil prices mean higher burden on government as it will not able to reduce its fiscal deficit. So govt has to reduce its infrastructure spending to overcome this burden. And from that consumer spending and jobs will be affected.|
|Shubham Kumar said: (Dec 3, 2016)|
|I think to deal with high oil price we start to look for an alternative. It's better to have an option because if the oil prices got its height due to any of the unavoidable reasons then we already have an alternate but for that, we have to look out for it now. And also we start to use bicycles and electric car or scooter that is now available in market to reduce the consumption of fuel and less we consume much more we save its in our favour and in favour of our society too!
Rather I suggest having a walk if it is not too far.
|Ajith said: (Dec 3, 2016)|
|Prices of oil are getting increased, it is not because we certainly buy them it is due to the scarce of oil or its quantity deficient. So whether we buy it or not it'll increase. The better way is to go for an alternative i.e., we can switch to biofuels or (change the vehicles mechanism) go for hybrid vehicles/electric vehicle.|
|Sandeep said: (Dec 3, 2016)|
|I think we couldn't control the prices but we are the only people who can make the society so healthy and wealthy, for that we have to choose that type of lifestyle. Firstly use a bicycle as more as possible, secondly use gov vehicle to go to the office or to longest distance, whenever you drive don't waste the fuel, save the fuel by limiting their uses.|
|Bhenu Prasad said: (Dec 1, 2016)|
|I think we have to reduce the consumption of oil. All the employee of government offices should be restricted to not use bike, cars for one day in week. All people should use bicycle to go to nearby places. We should use public transportation facilities like bus, trains.|
|Deepak Pandit said: (Dec 1, 2016)|
|I think that the only solution is to reduce the consumption of oil nowadays so this will reduce the price of oil. It's also better for the next generation. The better option is to use the bicycles on weekends or in holiday to reduce the uses of oil so automatically government reduce the price of oil it said when demand decrease price will reduce.|
|Shikhar Kashyap said: (Dec 1, 2016)|
|We know the recent event in which china is spending large sums of money for the purpose of wind power energy power generation.
It is defined as the most renewable source of energy. Perhaps India can also load some windmills in the southern part of country and put more pressure in energy generation by renewable sources.
Make more use of public transport than using your personal vehicle. This will reduce pollution and helps to consume energy resources.
Furthermore introducing some badaass stuff like electric train, electric buses, hydrogen fuel cars. (which was recently launched in America), will cause lower consumption of oil. And eventually, its prices can fall down.
|Tanmay said: (Dec 1, 2016)|
|Hello friends, I am Tanmay.
Yeah, I agree govt should take some initiative to lessen the consumption and there should be some technology like solar or electricity based vehicles, but somewhere electricity is again related to fuel and these are some intricate things to implement in a big rush, what I think is that we should not just perpetually speak out what should govt actually do to reduce the consumption that in turns will result in the reduction of the oil prices or there ought to be any technology or something, because every positive step or gambit start with us, so come to very basic we must lessen the use of vehicle just to go a few meters from the house, we should drive any vehicle below 40 km/h so that it can reduce oil consumption and these very small steps can make a huge difference, if all people take this as personal initiative. It's human mentality to follow what is going on in their surrounding and that will consequently make other people think positive too and they will also attract toward them. Just a single person need to take a step forward and everything will be in control, don't see others, you just enlighten the candles!
|Govind Katariya said: (Nov 30, 2016)|
|More population, more consumption, more is the prise of oil. It's truth.
For to reduce the oil prise, one leader or more like Narender Modi, Arun Jaitley, Amitabh Bachchan, Sachin Tendulkar, etc. Decide that day no one drive oil consuming vehicle and use government transportation like train, metros, city buses, etc. Or if possible consume lest amount or oil.
It will deduct in prise a lot.
Such can be done on government Holliday's, or Sunday or last day of the month.
Other hands, we to go through renewable resources as fast as we can. This will reduce the prise and also dependency on oil.
|Suraj said: (Nov 24, 2016)|
|Hello, guys. I'm Suraj.
I think the only solution for this is advancement in technology. Better fuel efficient vehicles and electric vehicles should be used and manufactured more so that the need of oil become less. Also there the government should take measure steps in the business of oil like there should be some limitation of buying oil per man.
|Dinesh said: (Nov 24, 2016)|
|We need to decrease the usage of oil. Nowadays people goes to nearby places they are using vehicles instead of that if we take bicycles or by walk then the usage of oil will be decreased. When demand decreases automatically price will also decreases.|
|Pra said: (Nov 21, 2016)|
|Hi friends, my name is Pramod.
Nature has many types of resources it may be oil, solar energy etc these all resources uses humans nowadays population increased before last year so these resources use is also more for car, bike etc.
The main disadvantage is population so first we reduce Population then automatically oil resources cost is less.
Now days increased population is also increasing the air pollution. So increased population increases the resources rates.
|Sameer Ali said: (Nov 18, 2016)|
|Hi, friends! according to me this is an issue where we become a hypocrite and we suggest using bicycles and all that which is not an appropriate to fix this, however, we need to make some rules like discarding using old vehicles which intake lots of fuels. The government needs to take some major as well as we need to take some minor ones. Also, we need to enhance our technology and replace our fuel vehicles with electronics and solar ones. I hope doing this would make some difference.|
|Dinesh said: (Nov 18, 2016)|
Nature having lots of other resources, which can be used as optional for Oil and other rare resources.
Solar system (Unlimited source), Electricity which can be create unlimited by using wind power (unlimited source) , water power (Unlimited source).
If we use the optional resources then only we can save the rare resource like oil and gases of an earth.
|Deepak said: (Nov 17, 2016)|
It's not that walking or using bicycles etc will reduce consumption and hence the cost of oil. Cost will rise anyway as the oil is decreasing day by day. This is the temporary and inefficient solutions. This will not make any change on large scale.
We should switch to other resources like biofuels or heavy water. Or we should switch our vehicles to electric one like Tesla is doing in the USA.
|Anish said: (Nov 16, 2016)|
|- Supply and demand: if producers are outstripping demand, prices will fall and if there is a shortage of oil, prices will rise.
- Political events: a war, rebellion or political uncertainty affecting major oil producers may prevent those countries from producing and selling, reducing the supply of oil.
- Economic growth: if demand is expected to grow faster than production, excess supply will be soaked up and shortages will arise.
- Related markets: the futures market, availability of transport, currency rates and the cost and of extraction equipment and labor can all affect the price of oil.
|Ronak Jain said: (Nov 15, 2016)|
|Hi everyone, as per my point of view there are two reasons for hike in oil prices.
1. Continuous use of conventional energy sources like coal, oil, etc.
2. Government policies.
Now I come to the point first no or very less use of alternative (non-conventional) energy sources like solar energy, wind energy etc. So we lost very soon our conventional source of energy storage.
As far as my second point is concerned, many taxes rope by Indian government or state government on oil like VAT and many more. I think these are the reason which affects the oil prices,
We use more and more renewable energy sources because it's cheap and pollution free.
|Shekhar said: (Nov 12, 2016)|
|Most answer is we should use less amount of oil. No one will want to spend their money on oil. Our requirement is fixed even increasing day by day so we cannot stop to use oil. Consumption is consumption, requirement is requirement.
Walking and using bicycle, using less oil, all are doing, this is not the solution because no one will want to.
Spend money on oil. Problem will arise until we have not other energy sources.
|Shashank Shekhar said: (Nov 12, 2016)|
According to my point of view, we should focus on other sources of energy like biochemical energy source (artificial photosynthesis), we should create opportunity and develop other energy sources to make oil because we cannot continuously be dependent for energy on oil. We should also focus on developing our technology.
|Mallesh said: (Nov 8, 2016)|
According to my point of view, when compared to other countries India has many types of taxes based on that the oil prices in India are high.
And regarding usage almost per person 2 vehicles are available so the usage is also high.
|Abhi said: (Nov 8, 2016)|
|Hi to everyone,
Oil is Inevitable nowadays. And Just now I came to know that India is the largest oil importer in the world. To stop that need to reduce the using of the oil consumption things more likely motor vehicle, buses & moreover on machines, which work on oil it drinks more than the vehicles.
And in our country each and every home had more than 2 vehicle which runs on oil. Now we are getting oil from other countries, at some point oil is going to end in that countries, need to find some other sources to move on other steps.
When Arab countries had a huge amount of oil they will export to some other countries like India, USA, etc for a low price, Now oil is reducing day by day so it going to be coast more. To avoid that we need to find other options like electric sources to run that machines.
|Shrikrishna Padalkar said: (Nov 7, 2016)|
|This is a supply and demand of a non-renewable source of energy. Thus if the demand for oil increases as compared to the supply as it does then the prices will rise. As a solution to this, we should move towards renewable sources of energy. India is blessed with the Solar power. This power should be exploited to a substantial extent. Done so will reduce the burden on the government to supply combustible fuel.
Also, the government should sign certain agreement or MoUs with gulf countries. This will reduce the pressure on the supply of oil. Also, various companies and corporate houses should prevent the use of motorbikes and other vehicles which burn fuel in its premises.
|Rajat Gupta said: (Nov 4, 2016)|
|My thought says that we are living in 21st-century and in nature resources are limited but we have need to improve our journey. Evry 1 thinks high prices increase because production is less or demand of product is high but one think is major to devolve our working criteria and exceed resources for future.|
|Shalini said: (Nov 4, 2016)|
According to my point of view, India should use the non-conventional energy sources to deal the problem of rising oil prices. Because if the quantity of oil is more then its price is automatically decreased. Along with it, India should also exploit the new oil reservoir sources like Gujarat, Rajasthan.
|Sneha Masih said: (Nov 3, 2016)|
|I think that oil prices are increasing nowadays just because of high consumption. When the production of the product is low and demand is high automatically the rate matters. We can use alternatives like solar energy or many renewable energy.|
|Ajay said: (Nov 3, 2016)|
We all know that the oil resources is limited in nature and one day it should be abolished, rather than the focusing on more on the oil resources we should find out the alternative solution, as we know that we are largest producer of sugarcane, and from the sugarcane we found out the ethanol which is the good alternative to oil many countries like America, Russia, and Brazil using this ethanol in transportation so when the other countries using these resources why should we are not using it?
|Nilesh Wagh said: (Nov 2, 2016)|
As we all know that India is one of the high oil importing country. That's why nowadays we are facing the problem of hike in oil prices. Here are some point that helps to deal with the same problem.
- Use of private vehicle should limit rather we should go for gov. Vehicles or common vehicles like train, buses, etc.
- Transporting media which works on electrical, electronics or solar energy help to deal with the problem.
- Short distance walk and use of bicycle also impact on oil consumption which helps to reduce prices of oil and equally good for the health of human being.
|Srai said: (Oct 30, 2016)|
|Good morning everyone. Today's topic for discussion is "How to Deal with High Oil Prices?".
As it is known fact that oil is the most important inevitable source of producing energy be it in motor vehicles or in electricity generation, the role of oil can not be denied. Hence, due to large scale demand of oil supply and limited amount of resource present, and majority of oil reserves present in Iran, Saudi Arabia, thus there prices increases due to import from other countries.
Thus, oil prices can be dealt by bringing in alternative technology in place of fossil fuels.
Also, by spreading awareness among people of using more and more public transport or car pooling will reduce the oil consumption and hence the prices.
|Mohit Sharma said: (Oct 25, 2016)|
|Guys, first of all, I want to highlight the fact that India is the largest importer of oil or crude oil in the world. We import fuel from the other countries. India needs to import 2 million barrel of crude oil from Russia. Also, oil companies in India take 5 to 10 % more than the actual price. So in order to reduce the supply and consumption, we need to take some strict actions. We use public transport example trains, buses etc. We should use the Electric vehicles to travel in our locality. The government should focus on the non-conventional sources of energy. If we adopt all these reforms or suggestions the comsumption of oil will definitely fall down. As a result, the oil companies will decrease the oil price and oil import.
|Shubham said: (Oct 22, 2016)|
|Another point that I wanna add is that Apart from the central taxes and state taxes, Oil Marketing Companies (OMCs) also charges about 5-10% of the original prices from the dealer & that extra charge is included in the final selling oil prices in India. Until the oil companies keep charging this much amount from the dealer for their profit, The oil prices in India is not gonna reduce up to a significant amount.|
|Shubham said: (Oct 21, 2016)|
|When we talk about oil prices, We should first focus on the India's economic position in the oil sector. India always being an importer of oil, though India has vast reserves of oil in some of the parts but that is not enough to fulfill the need. Recently the surge in oil prices affected the oil exporter and producer countries that include OPEC countries and Russia but India still facing the Problem of high oil prices because there is no such surging in imported oil to India. So, to reduce oil prices, India should focus on exploiting its new oil reserves found near Rajasthan and Gujarat and should focus on efficiency of ultimate recovery of oil from the pre-existing fields like Bombay high, Digboi etc. Narendra Modi's vision of "Make in India" should be extended to "Produce in India" for oil sector.
If Indian government should focus on the non-conventional energy source then it will also help in reduction in oil prices because of the Supply-demand concept. What I m trying to say is if we use the non-conventional energy then the demand for oil will reduce that will force the exporter countries to reduce their oil prices for INDIA.
|Vibhu Agarwal said: (Oct 21, 2016)|
|Firstly, I want to tell that due to high oil prices the price of an essential commodity rises in relation to that the one has to spend more and compensate with the standard of living. (Inflationary Position). High oil prices is a strategic decision by govt to protect the environment from misuse of oils.
A question arises how to deal with high oil prices.
* Through sharing of vehicles with others will help in sharing of expenses.
* Use of more public transport utilities.
* By shifting to CNG vehicles.
* Use of bicycles (may be not practical but Rich Peoples in Japan also use bicycles to go somewhere.
* Use of electronic vehicles for transportation purposes.
|Ravince Singh said: (Oct 18, 2016)|
|As per my point of view India is world largest oil importer country and our country is also one of the developed countries in the future of in Indian market demand are so high of the oil and this time government focus on solar energy and green energy because there are lot of scope for R&D in solar and green energy.|
|Jitul said: (Oct 15, 2016)|
|The price of petrol in India is higher than most of the countries in the world. The fact is that India imports huge quantity of petrol from the middle east and presently ink a deal with Russia of importing 2 million barrel crude oil. Thus it is clear that importing crude oil is one of the factors of high petrol prices. So basically to reduce petrol prices ; limited uses and also sustainable petrol consumption is required. Less use of private vehicles; more use of public transport ; high-efficiency petrol or diesel cars ; trucks ; buses and most importantly utilization of electric ; solar or CNG vehicles. Last but not the least more mode transportation by trains will reduce petrol prices significantly. As we know that prices of a thing depend upon supply and demand, Thus less consumption ie less demand will highly impact or reduce petrol prices.|
|P.Vijay Kumar said: (Oct 13, 2016)|
|Good Evening friends Myself P. Vijay Kumar, I would like to add some few points regarding the Oil Prices in India.
First of all, we have to remember that India is not the oil exporting country it is oil Importing country. In Consumption of oil, India Stood at rd place in the world. Why because Geographically India does not have certain minerals to extract the crude oil. So, it is depending on the Oil exporting countries Like OPEC. To reduce or to Control the Oil Prices India seeks to the Inflation produced in the OPEC countries.
|Kalinga said: (Oct 10, 2016)|
As we all knows oil price increases day by day so for that in order to avid that we have to build an oil plants in India, why because we are imparting oil from other countries is it, if we are build oil company in India than problem is solved no transportation charge and also it reduces the wastage while importing from other countries, so for that we are all engineer's we plan to make a projects related to energy sources.
|Aashik Ali said: (Oct 10, 2016)|
I agree with as they put their views but I would like to add few points. As we all know clearly that mineral comes out after digging on some part of the earth in middle east country. And they also create imbalance on earth as we saw in Uttarakhand that was cause of natural disturbances so what we have to just one i.e. reduce the used oil where solar made thing can be used. Also, increase usage of cycle and tonga while going near the relatives this will also help us to improve our physically strong. But in 2014 America has developed shail oil artificially and he stopped buying oil from Arab countries so prices will definitely go down.
|Arun said: (Oct 8, 2016)|
|As we all knows day by day there is an increase in prices of oil this occurs due to India have not their own plants they will have to import from the Arabic country in comparison to Arabic India have very low currency so if there is a small increase of prices the rates of oil increases sharply in India if you have to deal with the prices you have to improve your currency and also black marketing taxes are necessary for improvement of GDP. You have not to reduce the taxes.|
|Imran Khan said: (Oct 8, 2016)|
1) The reason for the rise and fall of oil price is due to the imbalance in the equation of supply and demand. The consumption of oil is more than it is produced.
2) The dominance of few of the countries in the production and control of oil E.G OPEC nations. Thus they decide the price of the oil in the international market.
3) Competition among the oil producing nations.
In order to counter the above-stated problems, the possible remedies are as follows.
1) The use of an alternate source of fuel likes ethanol, biogas. This will reduce the demand for oil which will reduce the production of oil hence reduction in the cost of oil.
2) People should buy more of eco-friendly cars such as CNG, electric, hybrid because majority of the oil consumption is in this sector.
3) Use of public transport will reduce the oil consumption as well as pollution in the environment.
4) Carpooling would be a better option.
5) Govt should try to look for more oil reserves in India rather than importing from other countries.
|Prasenjeet Dey said: (Oct 7, 2016)|
|The real fact of increasing oil in India is taxes. The prices of oil in India is so much higher as compares to other countries. In India, different types of taxes like central taxes, State taxes and so on. If the government removed all these taxes then the price of oil is automatically go down.|
|Prasenjeet Dey said: (Oct 7, 2016)|
|In real sense. Rate of oil in other is so much low as compared to India. The main fact of higher rate in oil in India is due the taxes Like - Central taxes, State taxes and so on. If the government remove the taxes then the rate of oil is automatically go down.|
|Raam Meena said: (Oct 7, 2016)|
|As we have to import the crude oil from another countries so price of oil more than other countries but why in India the price is continuously increasing because number of vehicles is increasing even for a small distance people use the four Wheeler, the reason of behind the youth follow fashion in the race of fashion they forgot about future generation, in highways most of youth who use so expensive bike not for they need these but because of fashion people who can easily go by bike use car and where he go bicycle he use his bike to go there by foot is too far, another thing government should have motivated the people to use the vehicle which uses solar energy or use rechargeable battery because it would save money of people and also reduce the air and noise pollution.|
|Saikrishna Adepu said: (Oct 7, 2016)|
|Oil prices are deals with transportation levels. In India, oil prices are more compare to other countries and we have insufficient storage of crude oil levels that's why it has more oil prices and we use to high giving mileage vehicles and public vehicles.|
|Dhiraj said: (Oct 2, 2016)|
|As my thinking,
We should use vehicles. They have human-made equipment use for human works this is necessary and need in our life.
We can use vehicles in minimum oil consumption in minimum cost. And we will do our work successfully in our valuable work invaluable time. As my thinking vehicle uses the method.
We use vehicles like Public transportation, Cars, Bike (solar or electric), Cycle.
It is selective approaches method. It means we use vehicles in classified different categories of required level of a valuable work invaluable time and vehicles advantages and disadvantages to using the vehicle minimum consumption and minimum cost on oil.
We classified the categories below.
Use for only sometimes work - Minimum time in more valuable work.
=> Ex- Important meetings, patients travel (ambulance & personal cars), etc.
=> Advantages- Minimum time consumptions, speedy work, reach to required point at that time.
=> Disadvantages- High cost, more oil consumption, create air pollution.
2) Public transportation:
Use for regular work- more valuable work in a minimum & more time.
=> Ex- Long distance travel, regular work,
=> Advantages- Less cost, minimum air pollution, minimum oil consumption, etc.
=> Disadvantages- Time-consuming, only fixed situated place etc.
3) Bike (solar or electric):
Use for regular & only sometimes work - minimum time in the long distance more valuable & more works.
=> Advantages- Reach to required point at the time, minimum time consumptions, etc.
=> Disadvantages- More air pollution, high cost, etc.
Use for only some & regular work - more time in more valuable work.
=> Ex- Travel for market, enjoy, exercises etc.
=> Advantages- Safty, strong health, without any cost.
=> Disadvantages- Time-consuming, etc.
We use vehicle required time in required work to this method followed then will be decreasing of oil consumption and save the money and when the decreasing oil consumption (demand) then automatically decreasing the value of oil and we get more benefits of money save in two times it means we followed this method to required type of work to minimising oil consumption to save the money and decreasing value of oil to save the money And also control the air pollution.
Nowadays need to control Ari pollution because air pollution is damaging our life so air pollution also controls and minimize to this method followed.
|Debashish Adhikary said: (Oct 1, 2016)|
|India should concentrate on cultivation and production of hemp. I know I may sound odd because it is a Cannabis crop. But if you study about it then you will find out that it is a highly potential biofuel and it can be proved as an excellent petrochemical.|
|Gowreesha said: (Sep 29, 2016)|
|In my point of view, everyone tries to utilize public vehicles as much as possible.
* Government should provide public bicycle & bikes.
* Adopting solar system in vehicles.
* Try to adopt the engines which are working on biodiesel & hydroelectric power.
|Bharat said: (Sep 28, 2016)|
|We know very well about that oil is found by natural source and we are the exporter of oil. This is a time where we have to find out an alternative solution of it and Solar energy is the good source of energy but it is too expensive in our country so and our government should work on it.|
|Pritam Mohanty said: (Sep 28, 2016)|
|I think that the government alone can do very little to reduce the oil price. It's the consumers who need to understand that if we keep on using oil at the present rate then our future generation will face a huge scarcity and also excessive use of oil is leading to pollution and global warming. So my point is that we need to cut down the usage of oil by,
1. Using public transport more
2. Using solar energy whenever possible
3. And using cycles while going markets near our home, this will also help to improve our health.
|Manoj Agarwal said: (Sep 27, 2016)|
According to my view, we can reduce the dependency on oil.
We all know that vehicle are the most important part of our life that is depend on oil.
For reducing the dependency on oil we can use solar vehicle but in solar vehicle battery need to be charge.
For reducing this problem we can use battery charger at small distance like as petrol pump.
|Sandeep M said: (Sep 27, 2016)|
|Oil price hiking is the burning issue in India from almost 6 to 10 years. Basically, the hike in pricing depends on import of oil & consumption of oil.
This can be reduced in many ways.
- One, by implementing the rule that one should not maintain more than 2 vehicles . which currently highly impossible in our so-called developing country.
If that rule is implemented, oil will be I reach to every citizen and obviously the importing of oil will be reduced to an extent.
- Second, by Finding more resources within our country. like oil to be dug out more in order to reduce importing oil. which is not as wise as it says.
- Third, Usage of solar and hydro machines. The basic installation cost is super high.But once you install the system, you will no longer use the petrol. so obviously you are independent to oil.
On the other hand, we have to improve our infrastructure for transportation and refinement of crude oil so when the oil prices come down we can have sufficient storage capability.
|Akhi said: (Sep 26, 2016)|
According to my point of view, the oil price is increasing day by day so.
Firstly the government should make a rule to reduce the vehicles on roads and alternate we use resources like solar energy, rechargeable battery bike for small distances and we have to use cycles for short distance.
|Tarini Prasad said: (Sep 25, 2016)|
Nowadays the vehicles are the most important and essential thing in human life. We can't reduce it. So we have to use solar vehicles and hybrid vehicle for reducing the use of oil. For which it is not affect our economical condition.
|Nipun Bansal said: (Sep 24, 2016)|
|The consumption of oil in India is the main issue. We have to use solar vehicles and many other method which can use oil is less than we control the oil consumption and load of money from another country is controlled.|
|Vijat said: (Sep 23, 2016)|
|Today in the practical life oil has become the most essential commodity. In order to get rid of it, we need to do something by promoting the usage of the Solar vehicles solar Motors and use the oil as required amount.|
|Hari said: (Sep 23, 2016)|
|Oil prices are high because of low production and high consumption. Sometimes this increase also depends on oil producing countries. So if we are able to consume less oil there is a very good chance of using oil efficiently and at reasonable rates. One can use bicycles for the shorter distance. People should use public transportation instead of their vehicles. This not only ensures how to deal with high oil prices but also with pollution.|
|Pragya Mishra said: (Sep 23, 2016)|
Oil prices are increasing due to low supply of oil from other countries. Demand and supply are directly proportional so as the demand is increasing supply too is increasing. A reason may be that our country which is said to be the second most populous country after china so as the population is increasing gradually it is leading to decreasing in resources. There is an immediate requirement of any law or rule to set up more oil drilling stations if possible otherwise we have a talented group of scientists who can find many alternatives for oil. Secondly, the government must also take action in providing more public transport because in the hustle and bustle of urban areas public transport are proving as time taking uncomfortable. So people have to switch to their private vehicles even if they are not able to afford them. Metros are an example of such alternatives. And yes it is not only the job of government to provide everything for us we too are required to help the government in building a better India which is only possible if we too work at an individual level. For example - Switching to public transport more often, turn off the car when stuck in the traffic jam, etc. Thus every problem always comes with a solution.
|Gokul Khanna P U said: (Sep 23, 2016)|
|I am GOKUL KHANNA.
I believe the oil price can be controlled by two means. One of them is to reduce the demand and another one is to produce more crude oils. I don't think it's possible to produce crude oil since it's the gift for a human being. What we can do is to go for alternative methods like hybrid vehicles.
On top of all these, we must create awareness among people what is the economic background behind the oil we buy. Encourage then to carpool or to use public transports. By this ways, the demand for petrol can be reduced. More electric powered train systems have to be introduced. The bus fleets should be increased.
I hope by these steps people would choose to use the transport facility and reduce the demand for petrol.
But is this going to happen all over the world? So may be the new oil reservoirs has to be found. To meet the future needs.
Thank you guys.
|Babu said: (Sep 21, 2016)|
|The oil prices affect each and every sector of the economy through a direct or indirect channel. The oil price also affects the every entity in the economy. So a change in oil price affects an oil company's performance, a country's economy and customers saving and consumption behavior. If the general price for the oil is increasing then the customer has to pay more for less amount, which will reduce the consumer saving. The impact of oil price increasing on as a whole depend on the economic structure of the country, for example, the price increase will be beneficial for oil exporting country and a burden for oil importing country. For an oil company which is involved in the exploration process of the oil, a price increase will be beneficial. But if a company which business is involved only refining and distributing to the customer will be less profitable.|
|Deadshot said: (Sep 20, 2016)|
|Oil price hike is one of the burning discussions in today's world. The hike is mainly due to the taxes levied on the oil. Nothing much can be done about that by us as individuals. But what we can do is check our use of petroleum as fuel and switch to other natural sources of energy, like solar energy or CNG. There is not much the government can do to reduce the oil price but it can urge us to use petroleum as efficiently as possible. The government can also improve the transportation system so that people prefer using public transportation more than the individual vehicle.|
|Pooja said: (Sep 19, 2016)|
|Price of oil is increasing day by day. As consumption of oil is increasing. Persons coming from the same area, going to the same destination, can use only one 4-wheel vehicle to come to their destination except using their individual's vehicle. By this, we can consume much of the oil. Use bicycles or we should walk for small distances except using our vehicles.|
|Andini said: (Sep 19, 2016)|
|Oil still be the main resource for transportation and power supply in most of developing countries, but the increase in oil prices affect not only developing countries but also developed countries. Higher oil price will cost higher cost in almost all economic aspect, which relates to inflation in one country. How to deal with it? we need to reduce the usage of oil product and start to develop alternative energy to substitute high price oil. There are several possibilities for alternative energy such bio-fuel, CNG, or electric power vehicle and geothermal or solar panel for industry and power generator. This way, other than to provide alternate energy resource we also be able to decrease our dependent of petroleum product in the far future.|
|Ram said: (Sep 19, 2016)|
We are discussing oil price.
Oil price is one of the biggest problems of Indian economy because the oil price is director related with the price of the all basic goods such as food items, etc.
|Pallavi said: (Sep 17, 2016)|
|We are discussing the topic "How to deal with high oil prices". First of all, I just want to tell all of you whenever scarce resources are available it will have more demand and consequently increase the price. Hence only the one option is left to us low consumption of oil. Coming to the public part it can be done through by using more government transportation facilities and also reduce the use of vehicles to the maximum extent.|
|Sravanthi Shivapuram said: (Sep 17, 2016)|
|Hi to everyone.
In order to deal with high oil prices;.
1. Use electric vehicles such as motorbikes, solar energy two wheelers.
2. The government has to make a law in such a way that every individual family should have only 2 cars, not more than that why I said 2 is in order to convey the person because like everyone has the dream to buy a car and have own house in that purpose I told.
3. The government should encourage scientists and researchers in order to make vehicles largley based on electricity, solar energy consumption.
4. Every individual of society has to use a bicycle or public transport services for shorter distance let say 5km this should be made as an law then almost 20 to 30% of fuel importing will reduce because our India population is more. For one person usage of fuel is reduced for 5km its nearly think 0. 25 liter per person of imagine some number if this is followed by all people in India almost we can reduce 20% fuel import.
5. Reaserchers and scientsist has to made experiments on bicycle like gear cycles came into existance and more ways inorder to make atleast students or kids to use bicycles rather than cars and bikes. The creativity in such a way that it should drag the complete interst of student towards using bicyles almost 50% of youth uses bicycles.
|Vaibhav said: (Sep 17, 2016)|
|We have to use a bicycle for a small distance to travel like market etc or if it necessary then two or three people makes a group and participates in car pulling.
By this way, we can reduce the oil consumption.
|Viren said: (Sep 15, 2016)|
|Solution to any problem is within the problem. We know that we can't achieve anything until or unless we don't make any efforts for that problem. So it's not only the government who should take care of all the mishappenings in India. We are also part of this country and many
of you must be thinking what we can do for that, how can we be a part of solving that issue.
This can be done in following ways:
- Guys opt for CNG vehicles rather than petrol/diesel variant.
- Carpooling is not a bad idea.
- Rather than why not use a Public Transport.
- Get your vehicles maintained regularly (because more unmaintained the vehicle more consumption of oil i.e. more demand so more hike in price.
My personal experience doesn't fuel your tank in multiples of Rs 10 or 5 (they have all settled for that) opt for 90, 198, 297 it will help for sure.
-And last not the least never sit back and wait for things to happen, make it happen after all you are the one who has to suffer the consequences, not the government (especially Indian government).
|Tasquil said: (Sep 15, 2016)|
|India is considered in the list of developing countries of the world. And also one of the highest populated country after China, so it is obvious that we have a lack of resources that is one of the factors to make the country to be called developed. Among these resources, oil is one of the powerful factor for any developing country as a source of energy which we can obtain easily and use it, rather than any other form of energy such as solar energy, tidal energy, wind energy, hydel energy which are not obtained in good amount and we don't have fully developed technology so that is reached to common people's. And apart these are costlier than oil.
Some of the following ways can lead us to minimise the use of oil so as to decrease the high rising oil price.
1. In regard to oil consumption, if we will have a good amount of oil then it's obvious that oil price will go down. For these, our government should find other's alternative source of importing rather than importing from the same country and also inbuilt to find the source of oil itself in our country.
2. Indian government should work on the alternative source of energy production. Rather than relying only on oil and should create an opportunity for research scholar to work on these type of projects. As we have a hub of Intelligent Scientist and only they need an opportunity to work.
3. Use of public transport rather than using own vehicle.
4. Use of eco-friendly vehicles that is running CNG is also a good option to remove oil consumption.
5. Use of solar energy for home lighting purpose and for small scale works which required less amount of energy.
|Sourabh said: (Sep 13, 2016)|
|HI friends, my opinion is oil prize is increased because due to the infrastructure of govt more of the case the traffic jam due to poor conditions of the road and sometimes the govt broken the road. If the roads are jam free than I am100% we are saving oil about 4-5%.
|Vishwa said: (Sep 13, 2016)|
|Good Day Friends.
Oil prices are reaching sky high in India day by day. What is the reason behind this? In the last decade, oil prices have not just gone up but it has gone up by more than twice of how much it was. What can be the reason? Bird's eye view of this is that the oil reserves are getting absorbed and exhausted. This not really is the reason. This hike has happened over a period of time. Just take the Law of demand and supply! Demand and supply are directly proportional i.e. Higher the demand, higher the supply. With respect to price, Higher the demand, higher is the price and lower the demand, lower will be the price and apparently the supply. It all started with the mass usage of automobiles in our country. It would only be apt to say, India's automobile usage is indiscriminate which has made the demand for oil high and eventually the prices have shot up. It all starts with us! We have to take the initiative to enlighten our co-citizens to make use of public transport in place of their own vehicles and to use bicycles for short distances. The youth of our nation can inspire the people in a positive way to impact the oil prices.
How to Deal with High Oil Prices?
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