Points to remember before you participate in this discussion:
|Suhangi said: (Oct 15, 2019)|
|Good afternoon everyone one,
As we all know the price of any product is depends on the demand and supply forces and the same is in the case of oil also. The demand of oil in India is very high as in India mostly in every family each member has there own vehicle, some are considering it as a status symbol also.
To deal with this we have to take the following steps such as:.
*We have to use alternatives like use of electric vehicles, CNG based vehicles, try to walk for shorter distance,
*Use of alternative means such as scooter pool, car pool, and use of public transport which will reduce use of fuel. Also pollution can be reduced as well as it also helps In management of traffic,
*For reducing our dependence on foreign countries for the fuel, we have to try to improve are technology and production techniques so that oil can be produced on India. This can be done through proper research and analysis.
|Manu said: (Aug 21, 2019)|
|Hi, I'm Manu.
We have to reduce using of oil and we have to conserve energy for travel it is one of the non-renewable sources after some time for our children petrol will not get so we have to save oil.
|Apurva said: (Aug 8, 2019)|
|There are a number of ways by which we Indians can deal with high oil prices. Basically, some people like to show of their wealth and status in society. So they buy more vehicles such as expensive cars and bikes. In this age of hoarding, it is very rare for us to find someone who is genuinely concerned about society and the environment.
We do have a lack of infrastructural facilities. Public transportation systems are not upgraded enough. Roads are even not well constructed for smooth access which ultimately results in the increased usage of petroleum products. This age of technology provides us with many opportunities to harness our country's resources. Improving public transportation system and making it suitable for differently-abled and weaker sections of the society. It will be definitely the first step towards change. Improving our roads so that it will enhance the efficiency of the public transportation system and make way for smooth travel. Smooth roads are also in a way bicycle-friendly.
We should move toward alternative modes of transportation which are more environment-friendly. Electric cars and vehicles are a new thing in the market which could be put to use for reducing our dependence on import of oil. Most importantly awareness must be created among the people for switching to a more environmental friendly transportation system. Reducing the demand for oil imports will ultimately curb down the prices. It will take a long period of time provided we take small individual steps to tackle the situation instead of waiting for a miracle to happen.
Owing to high import prices which creates a huge deficit in our budget we should try to harness the technology and production technique to produce oil in our country. This is only possible through proper research and analysis. We should try to reduce ou dependency on foreign import of oil and should switch tp being independent in its production so as to reduce the high import prices.
|Khemraj said: (Oct 13, 2018)|
|How to deal with High Oil prices?
We have to work on two things. 1. Decreasing Demand and 2. Increasing the supply of Oil and gasses as well as alternative fuels like Ethanol, Biofuel etc.
1. Decreasing Demand:- For this.
I. Create proper public transportation system like metro, luxury buses (E-buses or Eco-friendly). Proper connectivity (by roads and public transport) between workplace and home decreases the distance between them and thus reduces the consumption of fuel.
Ii. Develop waterways. We have the potential of 14000 KM waterways. It will decrease the load on roads and also benefit the environment. Maybe dangerous for river ecosystem.
Iii. Develop such engines which run more efficiently with minimum fuel consumption.
Iv. Electric and Hybrid vehicles need to be promoted. For this, we need to create necessary infrastructure first.
We. Public Awareness campaigns should be run like during red light one should stop the engine, for short distance one should use a bicycle or take lift or use public transport etc.
Vi. Railway network must be increased. As it is cheaper for long distance and has been getting electrified by the government so raw material or final products or any other things can be transported through Railways instead of Roads. This will reduce the demand of diesel. (60 % of electricity is generated from Coal and this is the only fuel mineral we have in abundance. Thus, Electrified Railway can be a good option).
2. Increasing Supply.
I. We have the potential of shale gas and shale oil (perhaps highest in the world) production but due to technological and capital issues, this option has not been utilized. We should invest in these fields to increase our domestic production. Bringing of HELP policy and recently allowing non-traditional hydrocarbon E&E are the welcome steps.
Ii. We should acquire some blocks in Oil and Gas abundant countries like Russia, Iran and Mozambique so that we ourselves can produce oil and gas and supply to our country.
Iii. Since fossil fuel is non-renewable, in future its production will decrease and again prices can hike so we should (if possible) do such agreements with oil producing countries to supply oil on fixed pre-determined prices.
Iv. We need to generate more and cleaner energy whether it is electricity or biofuel to replace fossil fuel.
We. A lot of are & D investment is required in this sector. For this, cess can be imposed on fossil fuel consumption and the collected fund can be used for R&D and infrastructure development for Electric vehicles.
Vi. Our country generates around 120-130 MMT biomass annually in agriculture fields. If it is converted into biofuel, around 3 thousand crore litre Ethanol can be generated annually. It will decrease our dependency on fossil fuel.
Vii. To tackle such a type of situation (high oil price rise) India should make its own some strategic reserves (like buffer stocks for the pulse to control prices) like USA and China. We have 3 such strategic reserves that can supply fuel for 3 months only. It needs to be increased and should be used in this type of situation in combination with other measures.
|Praveer Tripathi said: (Sep 16, 2018)|
|More you run from the problem, harder will it become to solve.
How are we running from the problem? By giving synthetic subsidies for last 70 years.
Is the problem solved? No, it hasn't and will become more dangerous in the future.
Why? Because we don't produce oil and we import 80% of it. We have no control over its price (only opec and USA have control).
Always remember, oil is the non-renewable source and its price will ALWAYS increase (coz of short supply of dollars, maybe because of sanctions against Iraq and Iran, or maybe because of depreciation of our currency). All in all we have no control over its increasing price.
So instead of giving temporary subsidy, the govt should invest that money in building world-class highways, over bridges and improved infrastructure. (more than 40% of diesel in trucks is wasted because of bad roads+tolls+traffic jams).
I have a bicycle and want to drive it, but driving it on roads is suicidal. Govt should make /plan cities more pedestrian and bicycle friendly, it will encourage people to use fewer vehicles.
I want to use buses but they are so crowdy, Use the money in buying and upgrading public transport. Make our cities more like Tokyo and not like new York.
Encourage companies which want to invest in electric vehicles (like Mahindra and Tata).
Govt must know oil prices will always increase and electricity prices will always decrease (invest in solar and wind power) once using e vehicles becomes cheaper than people are not fools we will use e vehicles because we love our money.
The government must know that the greatest wealth a human could possess is Health. (less pollution =healthy citizens =more productive economy).
Also, try to give some amount of subsidies on LPG, LPG is healthier to use than burning woods. But no subsidy on petrol diesel or CNG as they pollute the environment.
Investing in high-speed freight trains and waterways is also a good idea.
Last point but very important - - - increase the tax on sin products (like cigarettes, gutkha, pan masala, soft drinks etc) use that money in improving women health (LPG).
Last but not least - -Swatch Bharat Mission-- clean our nation let more tourist come in. Tourism is a great source to balance current account deficit.
So use money in permanent solutions and temporary.
These are long-term plan and will not be completed in 5 years. But remember NATION IS MORE IMPORTANT THAN GOVERNMENT. Take a tough stand.
|Avinash Kumar said: (Sep 12, 2018)|
|A go-to measure for the Indian government to counter the rising fuel price is to cut back on the taxes. Currently, the center levies a total excise duty of Rs 15.33 per litre on diesel and Rs 19.48 per litre on petrol. In addition to this, different state governments charge their own VAT.
VAT levied on fuel by state governments in India:
Bihar charges 24.71 per cent VAT on per-litre petrol and 18.34 per cent on per-litre diesel.
Uttar Pradesh takes 26.90 percent VAT on per-litre petrol and 16.84 percent on per-litre diesel.
If Central and State governments decide to cut back on these taxes, even by a slight margin, we could see a significant drop in the rising fuel price.
|Sandeep Chauhan said: (Aug 27, 2018)|
|In order to deal with the high Oil price in india, First we have to limit our dependency on gulf countries.
This can to some extent be done by purchasing oil in limited quantity and mixing it with some ethanol.
For this we need raw material to produce ethanol. And it's production can be boosted by Encouraging the growth of sugarcane and various other plants.
This will not only help in reducing price of fuel but also help Indian farmers to get good prices for their produce.
Manufacturiing of other technologies for Transport like electric cars must be encouraged by Government of India and used to large extent. Eg in delhi there are e-rickshaws.
The price of the commodity increase when there is huge demand for it. Why don't we use Public transport instead of our own vehicle. ? it will not only reduce the pollution but also reduce demand thus help in reducing foreign import of oil.
|Narendra Laguri said: (Aug 19, 2018)|
|Increasing rate of population also responsible for the oil price hike, because increase in population increase the demand, if demand will increase and supply will decrease the price will obviously increase. So dear Indian please have a better family planning this will save the future generation, we are always busy for now but blind for future. Govt also trying hard to produce renewable fuel produced by biodegradable fuel. We should use public transportation system. We should use electric vehicle. Due to price hike also our rupee value is decreasing compared to dollar, so it is our country and it is our duty to be less dependent on the fuel and try our best to consume the less fuel.|
|Aman Swarnkar said: (Jul 16, 2018)|
|In present days, oil prices are high because the hypocrisy of government. Government doesn't want to reduce the taxes on oil because they feel reduction in oil prices will reduce national revenue. Meanwhile we know that oil prices are decreasing in international market now a days but government doesn't want to reduce even single rupee tax on oil prices. Government need to bring oil under GST and people also try to use renewable form to energy to decrease dependency on oil for energy.|
|Harsh Mukul Chaudhary said: (Jul 9, 2018)|
According to my opinion, we have to follows some steps to overcome from the higher prices of oil -.
1) We have to reduce the use of vehicles such as bikes, cars. Which are run by petrol, diesel. Because these are non-renewable resources and can't be reused.
2) we have to use CNG gas in place of oil which is cost effective.
3) Our govt has to take action in the field of research of petrol. If our country will succeed in finding oil then it will make India a self-dependent country and also reduces the cost of petrol.
|Aman Kumar said: (Jun 17, 2018)|
The best option for this is to switch to renewable sources of energy instead of petrol and diesel but at present, due to lack of infrastructure required for the electric car, it can't be implemented at sudden.
So other options which are simpler to apply are the use of public transportation, use of the bicycle for a shorter distance, prefer two-wheelers than four wheelers if possible.
From Government side, they should improve the number and capacity of public transportation, the introduction of pod taxi project in various cities will be effective, proper traffic management system along with construction of flyovers and expansion of the existing road, improve the strength of rupees.
By significant effort by government and public the prices of oil can be stable for present time and might be lower when electric cars will run on Indian road without any difficulties.
|Vivek Bansal said: (Jun 3, 2018)|
|We need to reduce single-vehicle user tendency, must use our vehicles on a collective basis, Shifting to electric and CNG based public transport. More wind power & nuclear power generation, Enhancing indigenous oil production.|
|Antara Sen said: (Jun 1, 2018)|
The best way to deal with high oil prices will be to increase domestic crude oil production and decrease the quantity of crude oil imports. Electric vehicles can also be another option but it will take a long time to hold the market due to unavailability of charging infrastructure and high battery costs. So, currently the Government should take steps to increase domestic production so that our dependency on other country to meet the demand is curbed out.
|Anup Kumar said: (May 31, 2018)|
|Good morning friends.
As we know that oil is not a renewable energy.
It is purely depended upon demand and supply. If demand is more then the supply becomes less when supply becomes less its prices automatically increases.
Another reason for hiking the price of oil is that our currency becomes weak day by day.
So, in my opinion, we mostly used the public transport, use bicycle, use battery vehicle and reduced the non-essential use of a vehicle.
|Arun.K.N said: (May 24, 2018)|
|Center should take public transport in its hand and increase the number of public transport vehicles. Since more corruption in government, its economic support in the purchase of public transport will go to someone's pocket at state. Reduce the number of hands to purchase public transport quality will improve.|
|Anil said: (May 17, 2018)|
|In my opinion, possible reason for increasing oil pricing in India:
Sanction by the USA on Iran.
The monetary policy of USA for reduction of the dollar in the market.
Less concern about the renewable option. For this, we require some solid temporary and permanent solution such as -.
1. Govt has to put some attractive option for public transport. Like discount on a long journey in the city for regular employees and student.
2. Govt has to introduce more AC public transport system in major business routes.
3. Traffic mgt should be improved in major and busy route.
4. Online taxi services have to introduce 8-10 seaters SUV for same destination people.
5. Personal vehicles have to allow a shared vehicle for one route two-way journey for in route passenger.
6. The capacity of public transport has to improve.
7. Monthly pass system with discounted rate should be available at the online platform.
8. Put pressure on CNG and electric vehicles developing company to increase R& D.
9. Raise request to UN for introducing dealing of crude oil in UN approved currency.
If govt and people works together then we can easily overcome with this hard time.
|Rohan Virat said: (Apr 15, 2018)|
Use of renewable energy is the best way to deal with high oil prices. Because the effect of global warming, air pollution and many issues will be reduced.
The sudden shift to renewable energy is difficult. So step by step let's change the style of living and move towards public transport and use of the electric automobile.
Finally, whatever happens, it's for good cause.
By doing this, healthy environment will be developed which will be the path of country development.
|Harish G said: (Apr 12, 2018)|
|To deal with high oil prices is to reduce the use of same oil and gradually replace it with other sources of energy like renewable energy and public transport must be encouraged more, gradually our dependence on oil decreases which in turn will reduce the oil cost.|
|Tanusha said: (Apr 3, 2018)|
|As OPEC has agreed to cut down its production, Oil prices has seen a huge surge in their prices. As we are one of the biggest importer of crude oils, it is going to affect the balance sheet of our country in a negative way. Also, as they are non-renewable source, we must look for alternative sources, such as using public transport, use of CNG vehicles, vehicles that operate on battery. We should also look for more ways for harnessing solar and wind energy.|
|Ashish Saroj said: (Mar 14, 2018)|
|Hi friends, nowadays world population is increasing day by day and also vehicles. The petrol and diesel utility also increases. Everyone desire to have super-bike and car. We know oil is non - a renewable source of energy and the petrol-diesel hardly available for 15-20 years. So we all should to use less diesel and petrol, for instance, for short distance we should go by bicycle or go by walk and for long distance, we use public transport. It's not our government duty, its also our responsibility. For the hence-forth life. We have to discover alternative resource. Just like we know Rupees is decreasing day by day as compared to the dollar that causes inflation for our country.|
|Ravi Kant said: (Feb 14, 2018)|
We are importing 80% of crude requirement. It has adverse impact on the balance sheet of our country. Hence it is import to work into direction to reduce our dependence on import of crude. There is immediate requirement that we should change our style of commuting. People have to encourage the pooling method of commuting. Secondly, the alternative sources of power production to be encouraged, like using solar, wind technology in place of generators. Thirdly, the tax on buying more than one cars in city should be taxed heavily as has been done in Singapore. Fourthly, Government has to think to bring oil prices under GST. Why not put heavy import duty on import of crude but before that the mass rapid transport in cities has to be strengthened and to be made dependable.
|Ankit said: (Feb 10, 2018)|
|Good morning everyone.
Today we are here to discuss on a topic "how to deal with high oil prices".
Firstly I would like to share the main reason for getting oil prices higher Our dependence on fossil fuels. Eg our day to day usage of petrol and diesel vehicles, dependence on machinery which works with oil. Because of this, our demand for oils get higher and prices of oil also get higher.
So for dealing with higher oil prices firstly need to lesser our dependence on high oil prices i.e. to use a renewable source of energy.
It can be used in various ways:
1. We should prefer that vehicle which works with battery.
2. We should prefer machinery which works work electricity.
3. Prefer Indian brand of olive oil for cooking.
For all these measures our govt is also doing investments eg:- pod taxi project, launching machinery's which works with solar power, metro project.
So if we follow these measures than not only the oil price will be controlled but our environment will also get eco-friendly.
|Sangram100 said: (Feb 8, 2018)|
There is a very little chance that the government will curtail prices of petroleum products, hence its our duty to start buying charging vehicles as it is the future of automobile companies.
|M.Kavipriya said: (Jan 18, 2018)|
We can use bicycles instead of using scooter, bike, car etc. As long distances, we can use bike, scooter, car etc. Because now a days petrol&diesel prices are increasing. In future generations petrol and diesel is not available in our soil. So we can use little amounts of fuels. We can run a vehicle by Solar energy &wind energy. It is less in cost and it is so reliable. That's my point of view.
|Manasi said: (Jan 4, 2018)|
As we know nowadays oil prices are increasing rapidly for that Government is not only responsible but we are also responsible.
As demand increase supply will increase and the price also increases this we all know so for that we can reduce demand then automatically prices will affect.
We opt for carpooling or else we use public transport for travelling or we can use CNG vehicles. And also servicing of car, bike, scooty time to time if this not done more oil is used so the price will rises.
We should take action against this as per our convenient not doing violence but do it for ourselves.
|Ruqaiya said: (Dec 15, 2017)|
|1) Go for alternative energy sources to reduce the dependency. Shift to renewable sources
2) Strategic alliances with the oil exporting countries to obtain oil at cheaper prices. Moreover, it can barter it with some services or goods.
3) Use public transport, carpool etc. Use as per your need only
4) Set up strategic oil reserves when global prices are down.
5) Bring oil under the ambit of GST.
|Jj Govind Jadhav said: (Nov 15, 2017)|
|We know India is a second largest.
Country in the world. The demand of oil is more in India. One third of the population of India is youth. Almost all using bicycle rather than bus transportation. We have switch our vehicles cng.
Govt should implement rule that each family should have one our two vehicles. In these way we can control high oil prices.
|Seersak Joshi said: (Nov 13, 2017)|
Nowadays we can see increase in oil price at an alarming rate which is a very big concern for people. So to avoid this thing we can better use cng or alternative sources of energy so that there will be no stress related to use of oil products being exhausted before future and there will be also no stress related to oil prices increase. The cng products used also cause less pollution as compared to diesel and petrol and also easily available. So finally according to me we should prefer cng vehicles instead of using oil.
|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.|
How to Deal with High Oil Prices?
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