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How to Deal with High Oil Prices?

@ : Home > Group Discussion > Economics - Discussion Room

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Mercy Monica said: (Fri, May 25, 2012 12:53:29 PM)

Hi dude, every person has to change their mind settings according to the situation arise in their home and also in societies. Lack of petrol is due to unwanted usage of vehicles like going to the shop which is next or near to your home, to start the bike we will raise the clutch where the petrol has been wasted comparatively more while we drive, if its not suitable better switch over to battery bike.
Rate this: +0 -0

Anand said: (Fri, May 25, 2012 11:55:21 AM)

Hi friends all of you discussing about hiking price of petrol. Government should give subsidy on the oils. Government every month increase petrol price. This is not good for end users, as some friend was discussing people should use public vehicles instead of personal vehicles. But I think this can not solve end user problem, if oil price would hike then definitely public transport fare would be increase.
Rate this: +1 -0

Lakshmi Narayanan said: (Fri, May 25, 2012 09:46:27 AM)

Hello everyone, In my point of view, people also should control their consuming of petrol or diesel. Because, most of the people using motor cycles and cars for unnecessary purpose like buying of vegetables, go for walk etc. So they should control it. Because there is no alternatives for price hike of oils, because the oil resources are declining. So we should adapt to the situation.
Rate this: +3 -2

Romeet Panigrahi said: (Fri, May 25, 2012 09:02:08 AM)

Hello friends, I think we should use alternatives like solar power. Increase in oil price can be an advantage. By this people can know the value of it but it shouldn't be increase in a such a pace. We should develop new tech to run vehicles. We shouldn't use vehicle for short distance. We should turn off the vehicle in traffic. Otherwise we have to ride bicycle in future & at that time we'll fell ashamed of our self. We would be saying"oh man!i should have conserve it in past. ".
Rate this: +0 -1

Sanjeev said: (Fri, May 25, 2012 12:59:07 AM)

We must upgrade our public transport system, make them more comfortable and use them strictly to save fuel and whenever possible for common roots we must use public transport system.
Rate this: +0 -0

Biju said: (Fri, May 25, 2012 12:39:48 AM)

I know this is not the best idea, but still in my opinion, lets bring a national movement to take off all extra amenities given to political leaders with transportation/ convince and other allowance. Let them pay from their salary for Transportation, security, Power and groceries. Then they might at least know the pain on, how it is for ordinary people to manage all from salary.
Rate this: +2 -0

Harry said: (Thu, May 24, 2012 11:59:10 PM)

Hi friends. At this scenario, I would like to point out some real positives for Indian realm:. 1. The government should stop subsidizing oil prices for aviation and industrial uses. By this step the realm of our country is hardy affected. The government should also charge the bureaucrats for their travelling expenses. These people travel freely across the country with any hesitation of expenses. 2. India is a vast country. With a geographic area of about 32 lakh square kilometer. We still have vast amount of unexploited solar energy. We can move towards harnessing this energy which by sources when harnessed can give energy equivalent to the total we produce today. 3. 54% of Indian population still lives in suburban places and villages (source GDP data). Its needs are much less than urban India. So we must have different subsidies and level of subsidies at these places. 4. Innovative things like Car pooling should be a must for the Rich at least to travel to their work places and schools and colleges. 5. Government should charge heftily extra on diesel vehicles as it subsidies diesel more. 6. Every person from below poverty line or economically backward class should be registered with the nearest Road traffic police and they should get extra subsidies for commuting. Now subsidies and taxes on petrol, kerosene and diesel should be slightly relaxed. Government should tax more on cigarettes and alcohol to recover their losses. Talking is easy. We the young generation should come together to prove that we will help the realm to fight oil prices. Use of social media such as twitter and Facebook should be used to educate and motivate people for the correct use of petroleum oil.
Rate this: +1 -0

Mageshkumar.M said: (Thu, May 24, 2012 10:12:54 PM)

Hi guys I agree with your points. In today world we are unable to rectify the insufficient of energy so we have to use the another natural sources like electrical energy, solar energy. In oil cost will be increased day to day so we have to avoid the usage non renewable energy resources. If we will use renewable energy means control the pollution and save the cost so we have to use the renewable energy resources.
Rate this: +1 -0

Vivek Deep said: (Thu, May 24, 2012 07:59:58 PM)

Hello every one, as we all now the price of petrol (fossil fuel) in our country is all time high Many of you suggesting the alternate source of energy to curb the pressure on consumption of petrol, First of all I made it clear that none of alternate source of energy like wind energy, bio-gas etc. Turn out to be cheaper in our country as far as present scenario is concern. Let us take an example if we got an alternate source of energy in place of petrol the government have to invest a huge revenue to establish the new energy plant and at the same time they have to re-establish a new manufacturing unit (car, motors etc. ) which can consume this new energy source efficiently in next 5-6 years by removing already established unit. Although this could be a good solution in long run both in terms of energy as well as environment concern but not the immediate one. The only immediate solution to this problem is to make robust foreign policy by our government so that we can import crude oil at a low price. The United states is the largest importer of oil 68, 190, 000 billion barrel per day compare to India 3, 060, 000 bbl/day though the price of oil in USA is 54 compare to 73 at India in terms of INR.
Rate this: +2 -0

Edvin said: (Thu, May 24, 2012 06:50:46 PM)

Hello Everyone! Thanks for sharing the valuable points! I think, Switching off in traffic don't save the fuel it will compensate when starting. Starting ignition is consuming more then idle for few seconds and some one's starting trouble will make additional conflicting to all others.
Rate this: +0 -0

Sreelal said: (Thu, May 24, 2012 05:21:58 PM)

Use alternate energy sources, Ban or restriction for a short period to some imported SUV's & Cars. Gas conversion of petrol vehicles to be appreciated. Govt should give subside to petrol and kerosene for low scale industries and co-operative societies. Legal restriction to motoring High speeds. Introduce metro rails and High Quality Roads for effective use of fuel.
Rate this: +1 -1

Vijay said: (Thu, May 24, 2012 03:59:50 PM)

I Disagree the point of not consuming more fuel. If You and Me reduces the consumption it will be compensated by the government's poorly maintained transports and free trips by the politicians. Why the hell we should reduce the consumption and reserve them for waste. Fuel price hike is in politicians hand but they excluded from the impact of price hike because free for them. We people are very far away from the reach to them so they are not even hearing the sounds from the end user. Immediate solution should get the mass sound reach them by any means to make the government system properly. By any means like handing over the family card, voter id, avoid paying tax as MASS, Polling 49 O until the system regulates. SHOULD DO SOME THING GUYS rather just be a WATCHER. Our hard earn income is garbed and wasted by them.
Rate this: +0 -0

Vara Prasanna said: (Thu, May 24, 2012 03:36:59 PM)

Hi friends I agree with all of your comments, But in another view we can approach the answer of hiking of prices, due to the hiking of prices one can consume less amount of fuel. We must see fuel as not only a demand-supply process but also a non renewable energy resource which cannot be replenished. So when prices are increased we may stop some of the consumption of the fuel and by that we can save some resources.
Rate this: +4 -3

Vara Prasanna said: (Thu, May 24, 2012 03:22:55 PM)

Hi Guys, Good afternoon. I agree to all your views. I think the control factor should be first brought at personal level. Every person should act as responsible and turn off their vehicles at traffic junctions. This woulds result in saving of about 20% in the average fuel bill. The fastest and the best way to travel around cities is via public transport. People should often travel via public transport rather than using their personal vehicles. Government also has various responsibilities in this case. Government should invest more money in exploring the possibilities of Renewal able sources of energy. Huge dependencies on oil would naturally increase oil prices. Instead government should invest on tidal energy generation, solar energy etc. A few years form now all the oil reserves would get diminished. World would be forced to move on to an alternate source of energy so it would be better to start research and analysis on better and renewable sources of energy.
Rate this: +2 -1

Keshav Jha said: (Thu, May 24, 2012 02:27:25 PM)

Good Afternoon Friends, I have read all the opinions endorsed by our dear friends, Some one telling that minimize the use of personal vehicle, use public transport system, switched off the vehicle when a heavy jam. Okey, I accept all the measures but till when, Vehicle became an inherent part of life style as well as the need of today's and tomorrows era, at last we have to find a permanent renewable remedy as a substitute of oil. I would request our government for imposing a strict policy to minimize the oil use and seek a permanent measure for the upcoming dilemma by the help of world's top scientist.
Rate this: +0 -0

Harika said: (Thu, May 24, 2012 10:17:01 AM)

HELLO EVERYONE!. I do agree with all of you. OIL prices have been hiked up due to scarcity of resources. But why have they become scarce? its due to over utilization of resources. We are extremes either we under utilize or over utilize. As we are having less reserves of oil we are importing from Arab countries. The petrol prices have been hiked up also due to fall in the dollar rate. 1$ is equal to 56rs. And as we are falling short of foreign currency we are draining around 16 lakhs to import petrol. Lot of money is being wasted. So as this should not happen we must develop a habit of not using vehicles for short distances. We must walk so that our muscles also wnt become weak and flabby so soon. For long distances anyway we can't help going by vehicle and also govt can try to cultivate a habit of using cycles by people its nothing wrong using a cycle. Even if its a dam rich person who can buy anything but when dere is no petrol available he has to come back to cycle. So let us not waste any resources. Let us try to exploit all possibilities to save fuel and to check out alternatives so that we can prevent our oil reserves from dimnishing.
Rate this: +11 -2

Arnab said: (Thu, May 24, 2012 09:52:41 AM)

Hi All; OIL price rise in not a Demand Vs Supply Balancing phenomenon. The formulae what is suppose is something like the below:- Price Hike =($Rates Increase per barrel*Foreign volume purchase)-(Gross Domestic consumtion+ Profits of the OIL companies+ Govt Subsidies on DEISEL+LGP etc etc...) 1)The best way to resolve this problem is to convert the Petrol Based Locomotion to Gas Based Locomotion. This will reduce the pressure on petrol. 2)Deisel De Subsidisation will create a HAVOC Price rise as this economy moves on deisel. 3)Govt.To Set up legalised Vendors ro convert the petrol based engines into Gas Based Engines. 4)Govt. To Subsidise LPG and promote GOBAR GAS / Any Other Natural form of inflamable House Hold Gasnot only in rural but also in semi urban areas. the above proposed steps are slow and requires tremendous remodelling. However mus be done to reduce the consumption of Petrol at domestic level. Govt Must raise the price of petrol one shot to say Rs.89~95 and keep it sustained till the measures are counterfeid.
Rate this: +4 -1

Vivek Pandey said: (Wed, May 23, 2012 11:31:33 PM)

Hello friends, I m with all of you.And according to my my point of view.... >>First of all it is our responsibility that we have to use natural resource in very limited way because they are non renewable. >>People should often use public veicle rather than using personal vehicle. >>We have to solar power as it is very efficient . >>It is better to use bicycle or go by walk if you r not going far. thank you . Vivek Pandey
Rate this: +3 -1

Allwyn said: (Mon, May 21, 2012 12:03:08 PM)

Hi Guys, Good morning. I agree to all your views. I think the control factor should be first brought at personal level. Every person should act as responsible and turn off their vehicles at traffic junctions. This woulds result in saving of about 20% in the average fuel bill. The fastest and the best way to travel around cities is via public transport. People should often travel via public transport rather than using their personal vehicles. Government also has various responsibilities in this case. Government should invest more money in exploring the possibilities of Renewal able sources of energy. Huge dependencies on oil would naturally increase oil prices. Instead government should invest on tidal energy generation, solar energy etc. A few years form now all the oil reserves would get diminished. World would be forced to move on to an alternate source of energy so it would be better to start research and analysis on better and renewable sources of energy.
Rate this: +31 -7

Mohit Kumar Mahto said: (Sun, May 20, 2012 10:06:36 PM)

Hiking in oil prices is a alarming for all of us. Apart from government we have to also take the initiative to make a control on oil prices. Its natural thing that items those quantity in market is less will have higher prices. Our government should make advice research to get depends on renewable source of energy. It gets years for oil to get manufacturing under layers of earth. We have to make alternative such as electric energy, bio-gas energy, solar energy etc to deal with such condition. So its better to get depend on renewable source of energy so as it becomes so late in future.
Rate this: +5 -7

Ramakrishna Paladi said: (Sun, May 20, 2012 09:20:30 PM)

Friends, I agree with you all, but if fuel resources are over what shall we do. So government and the people must encourage the users to use the solar power and the natural gas. Government have to encourage the scientists to quickly made and produce the bio diesel. It is the only source to we in use next generation. So I suggest that limit use of fuel and encourage for new alternates. I think our government will do this.
Rate this: +5 -0

Shaila said: (Sun, May 20, 2012 01:34:46 PM)

Friends, for reducing the price of this precious energy resource we may use it with miserly. If we do something in finding other alternative sources of energy, this may reduce our dependency on oil and ultimately not only save oil as well as work in reducing its price also. More and more Research to be conducted in alternative energy sources.
Rate this: +5 -0

Pawan Janmeda said: (Sat, May 19, 2012 06:45:22 PM)

Hello friends. I am agree all the friends suggestions but our government must change the policies of oil prices. Our government need that the common people can also afford to buy oil. And our wastage of oil must be prevented. For example:-Jaipur nobody can forget complete whole year oil was wasted due to negligence. That should be prevented in our country. Peoples should use public transport maximum times, roads should be well. Our research board research the resources on the planet. And drainage system should be well developed. Taxes should be fairly taken and corruption should be eliminate from the society to deal the high oil prices.
Rate this: +20 -2

Hima said: (Sat, May 19, 2012 12:01:05 PM)

Hello, Oil is non renewable source and it will deplete if not used properly, thereby increasing its cost. We should make use of bio degradable and renewable resources in an effective manner. Instead of using private vehicles people should use public transport system. In this way we can control both price and pollution. If we have to go to nearby places we can walk and reach there instead of using any vehicle. Use of vehicles running on solar power and electric batteries should be encouraged. Switching off of cars while waiting for traffic light to get green would also help in saving fuel. Its individual's own decision to save these resources.
Rate this: +12 -2

Petchi Muthu said: (Sat, May 19, 2012 11:10:57 AM)

Good morning friends I go with one who said that he usually follows such habits that might be great things for the control of high prices those doesn't completely control the high prices but it reduces some of our burden towards the increasing prices. Main things to follow in our daily habit are following, 1. Use public transportation. 2. Daily your walking for such usual activities like morning coffee. 3. Use energy efficient vehicle system. 4. Maintain your vehicle frequently, which may avoid the unwanted pollution and it also help in increasing the energy efficiency.
Rate this: +8 -1

Amiya said: (Fri, May 18, 2012 10:14:07 AM)

I think it is we who are wasting this resource. We have to be very careful so that our upcoming generation should not face any problem. We have to find some remedy for this. Like using renewable source of energy, using yo-bikes which are run by charging battery, using our vehicles in economic speed etc. So at we have to be alert to be alert in order to save this worthy source of energy for few more days.
Rate this: +1 -9

Sumeesh said: (Tue, May 15, 2012 05:48:46 PM)

I agree with you but you have to take account of our own prefrences. Rather than blaming the government policies we should first limit the use of our consumption. Using public transportation will help a great deal. Beside this pooling, switching off vehicles at signals and driving at economical speed will also do the job. This will not only reduce the burden of high price but also deals with several other problems like traffic jams and pollution. As they say ' the change begins with us.
Rate this: +26 -1

Vaibhy said: (Mon, May 14, 2012 11:37:19 AM)

I think we must motivate each other by discussing what we are doing for mitigating the problem. This will build up competition among ourselves and we will do really great in inventing new ideas and technology to help save the Oil. Just a small set of things I do myself:. >>> I am still using and will keep using my cycle for trips around home. >>> Sometimes cycle to office too. >>> Sometimes I take the public bus to office. >>> Take out the car and the bike and park it into rain, and clean them right after the rain stops, this will reduce the amount of water required to clean. >>> Water overflowing in many of the independent houses is a common scene. We have installed an automatic water motor switch off mechanism. This has saved lot of water and we don't have to worry anymore about overflowing. >>> Solar water heater is great for every house. Just using this we are saving a lot of electricity. Inculcating all the above is not possible for everyone, but this is just a small list of ways, out of which one can think of saving fuel. Instead of talking on the government level, it's very practical to discuss the ideas on the ground level.
Rate this: +22 -2

Sumit said: (Mon, May 14, 2012 10:51:47 AM)

I am agree with some of my colleague, as they said about the Government control over taxes, as per my opinion the government should adopt GST system of taxes as adopted in many developed countries.
Rate this: +5 -1

Neha said: (Sun, May 13, 2012 10:20:10 PM)

I agree with most of given ways to deal with high oil prices. I want to add more points to strengthen the argument. India's population is growing day by day. To meet growing energy demand we depend on oil supply. Our consumption is more than demand. There are two ways to meet increase in oil prices. Either we should increase supply or decrease consumption. We do not have abundant oil reserves like Arab countries. The government allow more private players to participate in exploration of oil reserves. Reliance one of leading private companies had found oil reserves in India with help of foreign companies. Reliance oil is costly because government provides subsidies to public sector companies (ONGC, Indian oil). Let competition in oil supply decide prices of oil. We can decrease oil consumption with use of more efficient technology. The government should try to bring foreign companies investments in India. With mergers with foreign players we can use their technology to make vehicles more efficient and cost effective according to needs of Indian market. Now, car loans with low interest rates are easily available in market. The person who can not bear burden of car, is moving with cars on roads. The government should make such policies to tighten interest rates on cars. The government should try to establish projects like Delhi Metro Rail which consume less oil and make commuting easier.
Rate this: +10 -4

Anoop said: (Sun, May 13, 2012 08:54:26 PM)

I agree to the opinion that oil prices could be controlled by avoiding or at least reducing the amount of tax on petrol by the government. As you know, the Goa government have recently withdrawn the tax on petrol, thereby reducing the petrol rate into Rs.55 from 66. There is a problem that Tax on Petrol is one of the major sources of income for the government. So, it cannot be withdrawn all at once. But still, if they could decrease the tax amount, the prices will be in control. And if the problem persists, the government should take back the right to alter the prices from the oil companies. And they should thoroughly check whether there is really a crisis for them, before they plan to increase price again.
Rate this: +7 -1

Ruksana Chowdhary said: (Sat, May 12, 2012 01:43:33 PM)

Hello friends, In my opinion the government should encourage the vehicle selling companies to resort to selling of vehicles that use more of renewable and Eco friendly sources of energy rather than fuel. This problem has raised because of more n more use of fuel leading to its scarcity thus forcing the government to hike the price.
Rate this: +3 -7

Kiran said: (Sat, May 12, 2012 09:37:01 AM)

We roughly blame to the government for this. But before blaming another We never take care what we are doing, we all are becoming so cultured that we have to go to play in our home side ground with at-least bike, to go for the shopping at the nearest market by car. So to maintain our status we must not hesitate. But those vehicle does not go a inch without petrol which is a limited natural source of energy. So why don't we change our culture before everything. And I thought this is the appropriate initiative to control the price hike of petrol.
Rate this: +24 -1

Naga Viswanath said: (Fri, May 11, 2012 11:56:43 PM)

Hello every one. Its a colossal issue for the most of the countries regarding hike in oil prices. Coming to the point, in many countries diesel prices are stupendous than the petrol prices due to orders issued by their country governments. But in India we have reversal situation, government is giving subsidy to the diesel commodity not for petrol. So it depends on the government according to its country usage and many financial issues following by the people. For example, many people in India prefer diesel cars to petrol ones.
Rate this: +1 -5

Sushil said: (Fri, May 11, 2012 03:20:54 AM)

Thank you friends for bring new ideas and thoughts. One thing I want to say that whether we use bicycle or any thing else but fuel will be use. We can't stop flights, train, bus, truck, generator, car, bike and more. Finally we can't stop uses of fuel. Not more focus on fuel price rise, instead we must discus on alternative option. Because there is no another option in fuel because we don't have and plant or natural resource. We depend on other country resources. So vehicle company should think about and need to research upon it.
Rate this: +19 -1

Vikram said: (Thu, May 10, 2012 08:54:10 PM)

Government have to think about all this but they are not doing anything to reduce the price of petrol. At 1st there should be a educational session with all the politician that what is petrol and what is the meaning or taxation how it gonna reduce, if there will be such kind of session with politician then there's some hope, they do want to help country. This is the basic challenge which our country is facing, we know how to use non renewable source of energy but we need some co-operation of our country as well.
Rate this: +5 -10

Swathi Dasari said: (Thu, May 10, 2012 07:17:39 PM)

As oil price is increasing I thought its better to think about the alternative or less use of vehicles. Less use of oils is nothing but use of innovative ideas that full fill the place of oil. The alternative should be in such a way that the technology should generate oil by adding some chemicals etc or by use of electrical cars. About 80% of vehicles depends on oil it is some what difficult to change into electrical vehicles. We should use some equipment that generate electrical energy with use of less amount oil usage.
Rate this: +10 -2

Prashant said: (Wed, May 9, 2012 09:21:42 PM)

Hii friends. We can't blame the users of fuel. As the population rises the usage of the things also rises. We can think of renewable source of energy, which can be used instead of fuel but it also true that use of different source would take innovation and innovation are time consuming factor but we can consider this. Further is that in India itself the price of fuel are higher and not in the neighboring countries like srilanka. Today in India we pay 73 rs (as high) per liter and in sri lanka it is not crossing 50 rs. Comparing in Indian currency. So these are not the countries which are purchasing from international market. The problems lies behind our taxation structure. Each and every state impose vat and octroi charges separately. Look haryana has the list fuel price in the country and thane has the highest. So fast and effective changes can be made the government itself. This changes has one option as GST taxation system. Which is used by major of the developed nation in order to reduce the burden on necessary products and have lesser burden on the people (if it changes).
Rate this: +39 -3

Kanchan said: (Tue, May 8, 2012 05:49:00 PM)

I agree with all your opinions friends; mainly that not only government of developed and developing countries are responsible for the rising prices of oil, but it people too making its unnecessary usage of non renewal resources ultimately increasing the demand and hiking the prices. People shuld be made aware of the current situation of non renewal resources and also that increase usage of these resources not only eat the money but also the encironment in which we live.
Rate this: +13 -6

Mandeep Singh said: (Tue, May 8, 2012 09:04:53 AM)

Hello friends. As we know the oil prices are increasing day by day, and we should have to think about how can we ave the oil by alternatives. Followings are some alternatives. 1. We should prefer the buses and trains for long distances and for daily uses except the personal vehicles. 2. We should use the alternative energy sources (renewable). Which minimize the necessity of fuel. 3. Limit on purchasing of such vehicles which consume more fuel.
Rate this: +14 -5

Jyoti said: (Mon, May 7, 2012 10:33:33 PM)

Firstly in order to control the high fuel prices the taxation level needs to be controlled. Our government is looking forward for privatization of oil sectors which can lead to hazardous consequence. In this state all we could do is make maximum use of resources like solar energy and some other sources that could prove an alternate to this non renewable energy sources. Also an alternative to reduce the dependency on gulf countries can be looked upon.
Rate this: +7 -4

Ashish Kumar said: (Mon, May 7, 2012 02:31:39 PM)

Hello friends, we deal with high oil prices by uses the alternating sources of energy. It means energy like hydrogen energy, nuclear energy, light energy. This type of alternating energy is more important to control the high oil prices by implementing it in such a way that it price is less than oil prices & amount made is greater than oil. If this type of energy is developed than demand of oil must be reduced therefore we should handle the high prices.
Rate this: +4 -12

Bharat said: (Mon, May 7, 2012 10:15:46 AM)

Hello Friends, As we have talk about increasing price in oil. I m totally agree with that using alternate or less use of vehicle. But fact is that my friends, Up to 100% oil use in India, Near about 70% oil are import from other country. ONGC, INDIAN OIL etc are produce only 30% of total use. So if our government can purchase a land in other country where oil is produce, so with the help of technology we can generate oil and cost of oil is less then purchase from other country.
Rate this: +24 -13

Sushil said: (Sun, May 6, 2012 08:03:46 PM)

Hi Friends, Greetings of the day! You all bring some useful points which helps to solve problem somehow but we need focus on action plan for solving such serious issue. It affect personal monthly budget of everyone of you because price of BEST ticket, rickshaw continuously. I personally recommended peoples to use share rickshaw if distance is too long, go by walk for distance not more than 2km, use by-cycle if necessary. Instead of blaming someone we need to start initiative from ourself. Thanks!
Rate this: +9 -10

Aditya Amist said: (Sun, May 6, 2012 03:56:45 PM)

I beg to disagree with you my friend. The solution to a problem must always arise from the utilitarian approach. Just by saying that not to use petrol driven vehicles or increasing the prices to sky high values, we cannot come to consensus. The problem today is to deal with sky high oil prices, which are the result of scarcity of oil globally. We must also understand that that these high prices are also the result of political conspiracies. India is majorly dependent upon gulf countries for the supply of oil. The western countries like US do also have vast reserves of oil but are not pumping them out. At this scenario, i would like to point out some real positives for Indian realm: 1. The government should stop subsidizing oil prices for aviation and industrial uses. By this step the realm of our country is hardy affected. The government should also charge the bureaucrats for their travelling expenses. These people travel freely across the country with any hesitation of expenses. 2. India is a vast country. With a geographic area of about 32 lakh square kilometer. we still have vast amount of unexploited solar energy. We can move towards harnessing this energy which by sources when harnessed can give energy equivalent to the total we produce today. 3. 54% of Indian population still lives in suburban places and villages (source GDP data). Its needs are much less than urban India. So we must have different subsidies and level of subsidies at these places. 4. Innovative things like Car pooling should be a must for the Rich at least to travel to their work places and schools and colleges. 5. Government should charge heftily extra on diesel vehicles as it subsidies diesel more. 6. Every person from below poverty line or economically backward class should be registered with the nearest Road traffic police and they should get extra subsidies for commuting. Now subsidies and taxes on petrol, kerosene and diesel should be slightly relaxed. Government should tax more on cigarettes and alcohol to recover their losses. Talking is easy. We the young generation should come together to prove that we will help the realm to fight oil prices. Use of social media such as twitter and Facebook should be used to educate and motivate people for the correct use of petroleum oil.
Rate this: +49 -7

Saurabh said: (Sun, May 6, 2012 01:09:49 PM)

In the concern of use of electric vehicle I would like to see the places where we can find charging point for them. In INDIA we cannot find a single electric charging point but no.of petrol pump is so much. So who is here in INDIA that will buy an electric car for himself/herself.
Rate this: +6 -4

Deepchand said: (Sun, May 6, 2012 10:09:52 AM)

Hello freinds, the main reason of increasing oil price is that people are not aware of energy resources, that is petrol which is a nonrenewable resource, which can not be regenerated as other renewable resources can be. So we should have an alternative for petrol like solar vehicle, battery vehicle, bicyle for short distances. We should not blame on government for oil price, we should have an alternative of using other energy resources instead of petrol.
Rate this: +9 -3

Menka said: (Sat, May 5, 2012 08:09:15 PM)

Hello everyone. I'm agree with you all. We all know that price of oil is increasing day by day, all are worried about it but no one is trying to take some initiative steps, first of all we have to follow these. 1) Their should be less use of vehicles. 2) As oil is nonrenewable resource so use those resources which are renewable. 3) Those new technology should be developed which cause less use of these nonrenewable resources. 4) Develop such vehicles which consume less oil. 5) Taxes on the oil should not be removed because if it will be done we will use it more without any care. 6) Price of oil should be at medium level that is not so high not so less so that a common man can buy it, but we have to use it with a great care. 7) All people should be aware about nonrenewable resources and what we should do to save them, it will make a sense of care in them and they will not use oil carelessly. AND IF YOU REALLY DON'T WANT TO FOLLOW THESE ALL THEN THEIR IS A CHOICE FOR ALL OF YOU. You all know that as the demand of a product increases its price goes up so simple answer is decrease its demand its price will goes down automatically. And that is through careful use of oil. THANKS.
Rate this: +22 -3

Ashok Green said: (Wed, May 2, 2012 11:13:08 PM)

Hello friends. I feel that there may be only two solutions which are listed below 1. There should not be subsidy on oil. So oil prices may rise and use of personal vehicles may be diminished. In addition, If someone have more than one personal vehicle in a family then there should be high tax. Vehicles should be banned in educational institutes for students even for faculties and other staff member. 2. Government should promote renewable energy such as solar power,wind energy,bio-fuel etc. In addition, Government should take part in PPP to enhance the facilities of public transport such as local train,bus,metro train etc.Organize the events to aware the public about availability of non-renewable sources and its results on environments.
Rate this: +29 -3

Indra said: (Wed, May 2, 2012 05:14:31 PM)

Hi friends, the thought of decreasing prices of petrol and other related commodities of oil would be somewhat difficult as the sources for it are too limited. Also the fact that maintaining subsides and reducing the import duties would temporarily solve the issue but not completely eradicate it. Hence in my view it must be the duty of every individual to use the available resources prudently. Also the fact of blaming a particular govt official like finance minister or petroleum minister for hiking the prices won't be right since the prices of all these commodities depends on international market scenario. The other fact that various countries like Spain, USA and many others are working for alternatives and even some of them have successful in doing so, though at a little extent. In my view the entire world countries (especially 3rd world countries like INDIA, PAK, Sri Lanka etc) should come together in this matter and set up a committee which would eventually try to resolve the issue.
Rate this: +4 -8

Harpreet Kaur said: (Tue, May 1, 2012 02:35:19 PM)

Good afternoon everyone!i am also agree with all your opinion. In this I would also suggest that oil prices are higher day by day. This problem is not only for any common man, govt or for any country because this problem become a universal problem for every one. So stop to blame any govt or any one else. There are many alternatives in place of petrol like use battery vehicles, hydrogen gas etc. Govt increase the uses of public transport like local buses, trains etc at reasonable rate so that even common man can afford it. So these are the ways through which we control the price hiking.
Rate this: +29 -6

Saloni said: (Mon, Apr 30, 2012 02:07:23 PM)

I support what Mr. Sujit has to say at the beginning of this discussion. Oil is a non renewable, exhaustible resource. No economic policy on earth can decrease the prices. The government is in fact incurring crores of losses due to the subsidised rates of lpg, petrol and diesel. Oil is obviously cheaper in Arabian countries because it is the source. No transportation costs and import duties etc. Are included in the oilprices there. In my opinion only high level research on alternate energy resources can help. The United Nations and Superpowers like USA and other developed countries should take up the responsibility of forming a research and development team from various countries to address the issue.
Rate this: +19 -2

Saikumar said: (Fri, Apr 27, 2012 03:45:53 PM)

Good afternoon friends. ! As you know that we don't have proper oil resources and we are importing it from other countries. Recently it is came to know that there also variations in oil prices from state to state within India. Proper rules should be taken by government to control or to balance the oil prices across India. To reduce oil consumption in order to reduce the demand for it, some useful tips have to be taken which are already discussed by participants in this discussion. We INDIANS are responsible for this, we have to put forward the steps to control oil prices in India. Thank you!
Rate this: +18 -10

Gurdeep said: (Fri, Apr 27, 2012 01:49:19 PM)

Hello Everyone, everybody is thinking of using it wisely but prices are higher as per international market. I have some questions: 1. Why all government companies like - ONGC, Indian Oil, Hindustan petroleum are always in loss. Its simple there management is not up to mark. 2. Why prices are less in other countries, example : in Saudi Arabia it is just Indian Rupee 7/- per litre, then its better to import it from there and adding all our duties and taxes it will not be more then Rs. 40/- a litre and shut down ONGC and Indian Oil. 3. Most of the fuels are wasted during traffic jams, so there should be strict discipline like: if somebody vehicle breaks down then penalty should not be less then Rs. 5000, red light jumping 4000, wrong perking 10000. If police is caught red handed then it must be dismissed on the spot. Then only everything can be smooth. Conclusion: We are govt. /police/public. So we have to take initiative.
Rate this: +28 -31

Vinod Kumar said: (Fri, Apr 27, 2012 10:53:17 AM)

Hello friends, My opinion increase of petrol price day by day this is we cause, in India every person like (child, men, women) bike, car provides this is main think. In short distance may 1 or 2 km. Using vehicles so consumption of petrol / diesel is very high, I think sort distance may be using cycles and battery scooter. Only this think is decreasing of petrol price very convenient and don't provide below 18 years child's or students cars and bikes. Only provide cycles. This think is provides for decreasing petrol price and increasing energy in child. Thanks.
Rate this: +16 -6

Sugga said: (Thu, Apr 26, 2012 05:38:26 PM)

Hi Friends. Now a days it is the major problem for us. Oil prices increased 9 times in 9 months, it is not good for us due to Vehicle increase day by day, public use private car instead of Buses & Trains and did not use L.P.G. Oil prices can low if we can use public transport like Buses & trains and electric or solar machines. And We should go local market by foot.
Rate this: +8 -5

Josegeorge said: (Thu, Apr 26, 2012 02:10:29 PM)

Friends, Price rise of oil is not because of any government. We people thinks because of government it raises, no it is not right. It is because of the carrying the product to one place to another. So, all we have to do is use the vehicle for long and urgent journey and use the electric vehicle for other purposes the this should not in words but in action. Thanks.
Rate this: +4 -15

Ashok Kumar said: (Thu, Apr 26, 2012 01:59:49 PM)

I do agree with you. But according to my view oil charges in India are very high when compare to other countries. It is somehow terrible condition. In other countries price of the petrol does not exceed 40 Rupees per litre. This is due to large usage of vehicles and wastage of petrol. In future we must find alternative to this. May be hydro power is useful to drive the vehicles. This is unsolvable problem for India.
Rate this: +4 -4

Damyanti said: (Thu, Apr 26, 2012 07:34:09 AM)

Hi friends, I think that the increase in price of petrol is not due to government somewhere in the middle we Indians are to responsible for that. We take auto, motorcycles even if we have to travel near by. For the prestige we people take our cars and bikes. So we must stop doing this we must use cycles or take a bus.
Rate this: +8 -4

Raja said: (Wed, Apr 25, 2012 07:47:48 PM)

Hello friends, Our up coming India facing so many problems, one of them is 'hiking of oil prices'. This is mainly effect on the people who are in middle class employees, they are suffering a lot of these types of prices. The main causes hiking of oil prices is. 1. The government failure in the public transport system. 2. Heavy traffic on the roads, our roads some what narrower. 3. Failure to maintain the policies and no regulating system is not there usage of petrol. 4. Government failure to motivate the people using another resources like electrical or solar energies. What ever may be the failures as responsible person our duty to reduce the oil price is. 1. Avoid the unnecessarily using motor vehicles. 2. Turn of the vehicles, when there is heavy traffic, when there may be signal. 3. Using another resource like solar or electrical energy. 4. Using public transport system, as much as possible.
Rate this: +24 -5

Shweta said: (Wed, Apr 25, 2012 09:24:11 AM)

Oil prices increases day to day. Every person has not it own budget. Use of vehicles increases. Every person want to have own vehicle. Then petrol is widely used. But high price is not a solution for it. Any other scheme or rules should apply by government. Which make less usable petrol. It is a reason of pollution. Cycles should be used.
Rate this: +7 -6

Chinmay said: (Wed, Apr 25, 2012 09:21:03 AM)

Hi friends, I think government should motivate people to use public transport like bus, railway. That help to reduce the two wheeler or four wheeler in this way we reduce consumption of fuel. Government has stop giving subsides to petrol companies and reduce the taxes on petrol. Then government control prices of petrol and diesel.
Rate this: +16 -3

Sanjay Kumar said: (Tue, Apr 24, 2012 08:49:09 PM)

In the best of my knowledge, government has made a limitation in distributing L.P.G, and in the same case it should be same in petrol. Because our major need is Diesel. And other thing people should use electric motor-bikes. Government need to substitute his income in other commodities. My thought is that if 20% of Indian will take care of petrol. It will be so decrease.
Rate this: +2 -4

J.Chamundeswari said: (Tue, Apr 24, 2012 04:11:21 PM)

Oil prices are rising day by day because of using oil by people. Every one has their own vehicle so increasing vehicles also for daily their life that's why consumption of oil will be more so even price rises demand is increasing for the sake of nee. So what I am saying that ass possible as use cycle and reduce oil prices. Oil is a renewable thing if we use more oil now then no oil will be there for future generation so without oil it is very difficult to do something.
Rate this: +9 -4

Sravanthi said: (Mon, Apr 23, 2012 09:22:05 PM)

Hi to one and all. Now a days the charges of oils are very high because of the scarcity of oil resources. If we want to control the rates of oils as a responsible INDIANS we are supposed to follow some tips like if we want to go to the general stores near by our house instead of using motor vehicles better to go by foot. It is one of the ways to control the oil usage. For short distances we have to use cycles. And for offices like we have to use buses instead of motor vehicles. If we follow some of these tips the charges of oils definitely decrease. Thank you.
Rate this: +30 -2

Sunil said: (Mon, Apr 23, 2012 02:42:26 PM)

I think that we all should have to use the cycle instead of cars & bike. So the increasing rate of the petrol & oil will be reduce. Oil is a non-renewable material so, we all should have to give contribution towards our nation due to which we can avoid the import of fuels from other nations. This will saves lot of money of our government & the increasing rate of oil will reduce due to the less demand of oil.
Rate this: +12 -3

Anoop said: (Sun, Apr 22, 2012 05:27:35 PM)

Hai Indians, The topic for us is how to deal with high oil prices. The main reason for our trade deficit is the high oil prices. We know the oil is the highly imported thing in our country. Usually when the price increased, the demand will naturally decreased. But in our country almost all of them have even a two wheeler. So the use of petrol is very high. It will leads to increase in the prices. I think We can't substitute oil with other natural resources. We know every countries will not have everything. It need import of something for their people. That's also done by India. We can't reduce the import. But we can increase our export of agriculture, milk products and everything that we can produce in our country. So we should try to export these things and through which we can balance our trade deficit. Thanks to our Finance minister for the union budget proposals made by him for agriculture.
Rate this: +19 -7

Shiny said: (Sun, Apr 22, 2012 02:50:46 PM)

Hi friends, I agree to all your comments and I would like to add that to tackle the rise in oil price, the best way is to create a general awareness among people to limit the use of oil. The govt is using this as a weapon to deal with inflation and to get more tax from the public. Hence we must try to limit the use of oil by opting for public transportation, walk on foot for short distance travel, use alternative means of fuel. Use of private vehicles only during emergencies etc.
Rate this: +4 -3

Ashokkumar said: (Sat, Apr 21, 2012 05:51:07 PM)

India is one of the country which has most number of peoples depending on the public transport systems but it is implemented poorly in India. So, the peoples unable to get the transport facility on correct time because of this only they are willing to buy their own vehicles. Then, the demand for oil increases and also the price. So, the government must encourage the people to use public transport system by implementing it properly.
Rate this: +6 -2

Prakash said: (Sat, Apr 21, 2012 05:35:19 PM)

Hi Friends, I agree what you said, we have to use government travelling for long distances and short distance we must use cycling than at least little bit will come out. Technology has to invent some new solar vehicles and without fuel vehicle it means travel by some electric pass.
Rate this: +10 -1

Anirban said: (Fri, Apr 20, 2012 05:23:22 PM)

We can switch to electric cars but then as of now there is no proper infra-structure to complement electric cars and price of electric car like Reva is little more than Rs 3. 5lakhs which is more than maruti alto and moreover Reva needs to recharged after every 80kms of run. So to increase the sale of electric cars the complementary products need to be taken care of like providing charging points on roads. Once its sales increases the cost of production will come down which will bring down the price as well. And of course bringing awareness about benefits associated with using a electric car.
Rate this: +21 -3

Ashok said: (Thu, Apr 19, 2012 11:14:16 PM)

Hello friend I will join with the discussion on this topics. All of know these resource are limited in this earth, so we discover this type of engine that drive with other fuel not petrol or diesel. Like as charging vehicle, solar vehicle that's other any type of fuel. So we can save the petrol or diesel. And control the increase the prices.
Rate this: +6 -1

Biju.J said: (Thu, Apr 19, 2012 12:42:24 AM)

My point of view the oil price is increasing day to day because of increasing the demand of oil. But one think I would like to add in India there is no fixed price in oil the price will change every state by state just because of taxation policy of government. The country should look for the tax policies.
Rate this: +13 -4

Raja said: (Wed, Apr 18, 2012 10:33:52 PM)

Consumption of oil can be reduced by using public transports, using cycle or by foot for small distances and by idling the vehicle while waiting in traffic signal. Oil is limited source in world and its demand increases day by day, hence we must reduce the waste of energy from oil. We can also say that oil is one more gear which makes the people life to run if once there is any problem with that then life becomes harder. So lets save fuel and save world and lets provide good air to our generations.
Rate this: +6 -2

Bismaya Kumar Biswal said: (Wed, Apr 18, 2012 04:03:11 PM)

The oil inflation is a biggest concern factor in the recent trends, which not only affects our financial stability, but also affect the resources from where we are importing the crude oil, for which we need to depend on our neighboring countries. This can be reduced if people of our country get aware on how to deal with oil like. 1. Our Government should organize some kind of programs on various places which creates awareness among the people on using of oil. 2. Govt. Should set up certain plan for per capital limited consumption of oil in each city.
Rate this: +14 -3

Gautam Khetwal said: (Tue, Apr 17, 2012 10:08:45 PM)

Oil is not unlimited in this planet. So its prices will rise for sure. One can deal by cutting down the use of oil like car pooling, use of cycles for short distances, public transport, and alternative fuel. It will also reduce one's carbon footprint and maintain health and fitness. Use out the good from bad's.
Rate this: +16 -4

Manu said: (Tue, Apr 17, 2012 12:15:26 AM)

To deal with the hike price of oil is to save a oil means I see so many people on the petrol pump they never switch OFF our vehicle at that time they waste the petrol. If we save that time petrol we save lot of petrol and also save our money.
Rate this: +8 -14

Ragavendran said: (Mon, Apr 16, 2012 07:13:18 PM)

Hi friends, Yes of course I agree the points which discussed. I would like to share few more what I thought purchasing the vehicle is not only the reason for hike in the oil price its due to the people who used to led a luxury drive for a short distance and also usage of car for a person travelling. If we control using vehicle for unnecessary purpose. Keep the city pollution free also.
Rate this: +13 -4

Tarun said: (Sun, Apr 15, 2012 06:36:34 PM)

Hi I read all comments and in my view if we should use our car, motors, bike for important work not luxury. I know petrol (crude oil) is imported USA, Iran. And petrol price depend on economics condition.
Rate this: +2 -17

Toto said: (Sat, Apr 14, 2012 11:33:42 PM)

Due to rise of purchasing vehicles the oil prices are increased. Our government and people themselves must start some steps to stop the consumption of oils. the way that public transport must have been in a good condition and proper availability by this way we people also aware of that money we are giving or wasting to import crude oil from arab countries can be decreased.it will help our economic condition and every people will get his dreams come true.
Rate this: +3 -7

Sohail said: (Sat, Apr 14, 2012 04:44:32 PM)

Demand of petrol is increasing because the consumption is also increasing. Now petrol is also becoming our basic necessity. In Pakistan petrol rate is 26 Rs per liter and in Indian 60Rs liter. There is a reason for that. India was the great importer of petrol from USA and Iran. But USA and Iran stops to export to India.
Rate this: +3 -5

Nripendra Kumar Singh said: (Sat, Apr 14, 2012 03:31:50 PM)

Oil demand is increasing because the use of vehicles is growing fast. We use vehicles for very small distance. And due to this not only oil demand increasing but also different types of air pollution arises.
Rate this: +3 -1

Viru said: (Sat, Apr 14, 2012 12:34:10 PM)

To a certain extent I agree but what if all the crude oil is burnt. One should think about an alternative, they should search for another source of energy, leaving all that behind blaming the government would fetch you nothing but what I want to say is in this fast generation we are using vehicles for small distances also. And more we are not interested in fuels which are prepared from some wastes.
Rate this: +4 -2

Living It said: (Thu, Apr 12, 2012 05:05:58 PM)

Oil prices have been increased by 22% in 1 year and we, Indian citizen are accepting it without any concerns. On a nutshell we are least bothered on the sources which has caused these changes in oil price. I agree that increased crude oil price had an implication on high oil prices but is that the main cause? No, the culprit is the duty which we pay on petrol, diesel, LPG and all petroleum by-products. How? Have a look at this fact : Price of crude oil in international market is 115$ (Avg. 5750 Rupee) per barrel. One barrel contains 160 litres i.e. approx. Rs 36 per litre. Now the processing on this crude oil per litre would be around 60 Paise/litre (Figures from Internet) , overhead & transportation would be around rupee 7 to 8 per litre. So, on an average the total price comes out to be 45 rupee per litre and what we are paying is far more than this. Where is this extra money going to? Who is accountable for this? This extra money is the duty which we pay to government on all oil products, in some state the taxes are so high that its up to 50% of the oil price. In order to tackle high oil prices, the duty should be reduced and at same time since we cannot control crude oil price in international market, at least on our part we can reduce consumption and wastage of fuel.
Rate this: +84 -2

Kavita said: (Thu, Apr 12, 2012 08:00:40 AM)

Oil is a indispensable resource. No economic activity can be carried without it. But the problem is its day by day rising prices and increasing demand which is affecting not only the households but economy also. To overcome this we must look for its alternative which is viable and cheap.
Rate this: +6 -12

Kumar052 said: (Wed, Apr 11, 2012 08:45:35 PM)

There are many way by which help govt can reduce the problem of high oil price. Like use of renewable sources of energies such as solar, wind, tidal and geothermal energies are such sources of energies which is last longer, so by use of these energies in power generation can solve the problem of oil price rising. Today there many devices are available in the market which run with the help of these renewable sources but the people are not aware about these so these devices are not utilized to that level. If these devices use for the power generation then that can help to reduce the consumption of oil. And when the consumption of oil reduces and all power generating resources use balance's then the problem of limited availability of these resources can be resolved.
Rate this: +2 -2

Lakeoffire said: (Wed, Apr 11, 2012 03:42:41 PM)

Hello friends! Checking on ostentatious use of oil is very important. But we can not forget that for sustaining industrial growth, oil is very important and even a slight hike in oil prices affects industry and common people as well as it increases hike in prices of necessary commodities. We can take a lesson from Goa state government, which reduced the taxes on Petrol and diesel, resulting in a drop of oil prices drastically. To maintain the state govt revenue, they increased the taxes on alcohol drinks. I would like to listen your point of view on this suggestion to reduce oil price!
Rate this: +35 -1

Seema said: (Wed, Apr 11, 2012 12:58:12 PM)

I agree with all of you but I want to express my view also here high prices of oil surely strengthen our oil companies as well govt to fill the increasing demand of the country but it is a one side of the coin because if oil prices increase then all the essential commodity price will also rise so overall effect go to common man of the country who already suffer from very crisis. But always subsidized to oil prices is not the situation for the country its better we economically use our sources and do best utilization of them. Price hike only for the car holders who don't use any public vehicle for their little need but subsidies it for necessary supply like, school van, railway malgari who carry the necessary commodity supply.
Rate this: +4 -2

Siddharth said: (Wed, Apr 11, 2012 01:09:17 AM)

When we identify "Higher prices of Oil" as a subject, the immediate causes of the same that comes to our minds are. 1. High demand leads to high price rise. 2. Political Influences on the supply, specially from the gulf. IF we talk about the first one, the high demand is due to the paradigm shift of the lifestyle where college students need a bike, even a car showing the increasing usage of automobile in the present generation. Working professionals need a vehicle as well and to those specially those who are on the field. IF an attempt to reduce the consumption is actually thought over, possible steps that can be taken are, where the principle should be either vehicle used by many people or low usage of the vehicle by a single individual:. 1. Institutions, Organizations etc should make a mandatory rule of students and officials to commute in the Buses organized by the company/college itself. 2. Areas where traffic congestion is very high, where the speed of the vehicles are really low, the flow of traffic should be regulated to allow vehicles to run with optimum speed and not lower ones as the latter leads to more fuel consumption. 3. People who have a vehicle should mandatory have a fuel usage limit which can be checked on their UID scanner data. As per the political influence is considered, which is regulated by a chain of events that are not possible by a government to handle or influence, simple steps like timely storage of fuel so as to not to increase the price of fuel as much as international benchmark to keep its people less troubled by price hike can be an interesting possible option.
Rate this: +8 -7

Ravi Vedwan said: (Tue, Apr 10, 2012 10:17:39 PM)

When demand of something increases of course there is a rise in price and oil is the need of the hour so why not in it. We are human beings and by our intelligence we can control it but most of the people are doing ostentation-some says we have 3-4 cars because in one I go to office in second my wife goes to parlour, in third my son goes to college and one for the work of servants. Though some years before there was not even the roadways bus but today there is no space for it. I want to say that one should learn car pooling. And government should also consider about the sophisticated vehicle or modes of transportation like METRO TRAIN.
Rate this: +5 -2

Lakshmi said: (Tue, Apr 10, 2012 08:59:56 PM)

Oil prices will always go on increasing and as this is a non-renewable source of energy, it will get used up in the near future. What we can do is, we can prolong the consumption of oil for some more years by optimizing the use of oil. This will give us time to look for other sources of energy and find ways to better them. This process has already began. We can use bicycles for short distances, stop our engines while in traffic, drive at appropriate speeds at the correct gears. These small things can save a liter of petrol or diesel everyday. So if millions of car users can follow these small things then we can save 1 million liters of petrol/diesel everyday. Also there should be good promotion of these ideas, so that people get the importance of these ideas. Also the conditions of the roads especially highways should be maintained as good, as this can go a long way in saving petrol and diesel.
Rate this: +3 -1

Renu said: (Mon, Apr 9, 2012 10:16:42 AM)

Hello my fellow colleagues, it is to be noted that, before blaming our govt, it is we who actually real culprits as it is in our hands to limit the use of nmon renewable resources of energy like petrol & diesel, it is we who are involved in price hike of these petrol products, so for controlling all this major issue, we should definitely create an awareness programmes fr limiting use of nonrenewable reources of energy & also we should start from the basic as such for travelling nearby distances, we cn go by walking or by bicycle which consummes no energy & indirectly benefiting for the health also. Thiss will nt only reduce the consumption of crude oil, but also reduce the import bill & indirectly will reduce the price hike to a certaion extent.
Rate this: +29 -4

Nisha Binani said: (Mon, Apr 9, 2012 01:12:34 AM)

Many of my friends above have mentioned that the petrol prices should be increased to control its demand and uses in our complex market and I am sure our government agree with them but to some extend. They know that the price hike is not a solution to cut demand rather it is being done to meet the demand. The gov should not be blamed solely for the price hike because its we who are demanding more and more and another reason is the increasing price of crude oil in the international market. Its we the people who should remember that petrol and diesel are non-renewable resource and it should be used in a sustainable manner. An awareness program and contribution of our society to limit our use of private vehicles, generators, etc. Will help us in coping with hike in the prices of oil.
Rate this: +3 -3

Vikash Kumar said: (Sun, Apr 8, 2012 09:09:46 PM)

If we talk about hikes in oil prices, this hike is because of so many reasons as economic intervention with the Iran. As it is well known that Iran supplies oil to India i.e.our major import of oil is from Iran and America has banned this because of nuclear issue of Iran. This has affected a lot the Indian economy and to compensate these, there is hikes in oil prices, not one time 3 time this year. Apart from this on personal level we should follow these steps to retain this valuable natural resource. 1. We should use public vehicles for long distances. 2. We should go on foot small distances. 3. Proper repairing of vehicles time to time.
Rate this: +22 -0

Neeraj said: (Sun, Apr 8, 2012 05:00:59 PM)

Hey friends you know what the market say"demand increase the price of article". So if the public use the petrol diesel in large demand then it is common to increase the price. We must tend to renewable e source. If government strictly apply the use of renewable energy then if effect the use of everyone's life a lot. Government is not so mad that it does not know what's happen in the public. It passes many messages to the public like that stop the engine on red light, take in mind noise pollution and air pollution. It needs to apply on yourself on your surrounding. If we want to control the high price of oils then we have to start the use of petrol in a suitable manner. Make the rules and follow them and help your friends and others to follow and deliver the knowledge to them. Once start with you then you'll see the whole nation follow you.
Rate this: +5 -2

Subhahsish said: (Sat, Apr 7, 2012 11:36:03 PM)

Hi friend, Its a very important matter of today because as the prices of oil is increasing so our inflation is also increasing so we should find some solid solution for this I think there is a big difference in oil prices of India as compared to other countries because of different taxes in different states in India. So govt should unified this tax structure and second most important thing is that if our railways who is also using diesel engine, our telecom companies using diesel generator etc and many other sector who are using oil as their energy needs if they convert their energy needs to other resources like Wind energy, solar energy. Then up to some extent we can solve up to some extent the growing demand of oil in India. If govt of India also succeeded in nuclear energy resources then up to some extent we can solve this issue.
Rate this: +4 -2

Ashish Kumar said: (Sat, Apr 7, 2012 01:52:32 PM)

Hi friends, according to me the dealing with high oil prices is not so complicated as if we use the oil vehicles only for important work not for our luxury, then demand of oil should be decreases so its prices should be decreases. Natural resources are in limited amount in all over world so less uses is more necessary way to decrease the price. One another way to control the price is make the another resources like hydrogen gas resource for driving the vehicles, because main amount of oil is used to driving the two wheelers & four wheelers.
Rate this: +2 -8

Atul S Biradar said: (Fri, Apr 6, 2012 03:39:41 PM)

Hello friends, oil praises hike is the burning issue to everyone of us. For daily ongoing life we are using private and public vehicles. But in today's scenario the common man mostly affected due to oil hike praises its very difficult to him to manage his life in limited budget income. Reasons of hike in oil praises, our country totally depend on other country for oil it imported oil from them, due to more budgetary deficit government apply more tax on imported items majority them are oil and gold to earn more revenue second one is political barriers recently UN ban on Iran etc, another one is more expenditure to export oil from other county processing on them and so on, and that's why oil praises hikes. To overcome these issues I suggest some points as 1) limited use of oil 2) use of public transport 3) use of renewable energy sources as much as possible 4) proper co-operation between countries in issues like oil, energy (recently India speak on BRICS meeting in Delhi US, Iran oil issue as the problem is Tobe solved by discussing not by war. ) as all of we know that these resources are in limited its our priority to use them very carefully. Thanks.
Rate this: +18 -5

Kishan said: (Thu, Apr 5, 2012 04:52:28 PM)

Petrol should be subsidized on the basis of use. There is no problem in being a bit more lenient while selling petrol for commercial purpose. We can control inflation if petrol sold for commercial purpose be subsidized further. However, Government can be strict while selling it to private individuals. Imposing taxes on cars will discourage the urge for private vehicles and will definitely pull down the demand for oil. Expansion of electric run trains will be a commendable step.
Rate this: +7 -9

Sachin Mittal said: (Thu, Apr 5, 2012 03:43:41 PM)

The Best way is to reduce consumption of oil especially in transportaion. Avoid using cars for commuting to office and shop and use two wheeler if not public transport.
Rate this: +2 -5

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