How to Deal with High Oil Prices?

Hello, friends.

Nowadays the vehicles are the most important and essential thing in human life. We can't reduce it. So we have to use solar vehicles and hybrid vehicle for reducing the use of oil. For which it is not affect our economical condition.

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.

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.

Thank you.

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!

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.

Oil price hike is one of the burning discussions in today's world. The hike is mainly due to the taxes levied on the oil. Nothing much can be done about that by us as individuals. But what we can do is check our use of petroleum as fuel and switch to other natural sources of energy, like solar energy or CNG. There is not much the government can do to reduce the oil price but it can urge us to use petroleum as efficiently as possible. The government can also improve the transportation system so that people prefer using public transportation more than the individual vehicle.

Hi friends,

According to my point of view, the oil price is increasing day by day so.

Firstly the government should make a rule to reduce the vehicles on roads and alternate we use resources like solar energy, rechargeable battery bike for small distances and we have to use cycles for short distance.

India should concentrate on cultivation and production of hemp. I know I may sound odd because it is a Cannabis crop. But if you study about it then you will find out that it is a highly potential biofuel and it can be proved as an excellent petrochemical.

As my thinking,

We should use vehicles. They have human-made equipment use for human works this is necessary and need in our life.

We can use vehicles in minimum oil consumption in minimum cost. And we will do our work successfully in our valuable work invaluable time. As my thinking vehicle uses the method.

We use vehicles like Public transportation, Cars, Bike (solar or electric), Cycle.

It is selective approaches method. It means we use vehicles in classified different categories of required level of a valuable work invaluable time and vehicles advantages and disadvantages to using the vehicle minimum consumption and minimum cost on oil.

We classified the categories below.

1) Cars:

Use for only sometimes work - Minimum time in more valuable work.

=> Ex- Important meetings, patients travel (ambulance & personal cars), etc.
=> Advantages- Minimum time consumptions, speedy work, reach to required point at that time.
=> Disadvantages- High cost, more oil consumption, create air pollution.

2) Public transportation:

Use for regular work- more valuable work in a minimum & more time.

=> Ex- Long distance travel, regular work,
=> Advantages- Less cost, minimum air pollution, minimum oil consumption, etc.
=> Disadvantages- Time-consuming, only fixed situated place etc.

3) Bike (solar or electric):

Use for regular & only sometimes work - minimum time in the long distance more valuable & more works.

=> Advantages- Reach to required point at the time, minimum time consumptions, etc.
=> Disadvantages- More air pollution, high cost, etc.

4) Cycle:

Use for only some & regular work - more time in more valuable work.

=> Ex- Travel for market, enjoy, exercises etc.
=> Advantages- Safty, strong health, without any cost.
=> Disadvantages- Time-consuming, etc.

We use vehicle required time in required work to this method followed then will be decreasing of oil consumption and save the money and when the decreasing oil consumption (demand) then automatically decreasing the value of oil and we get more benefits of money save in two times it means we followed this method to required type of work to minimising oil consumption to save the money and decreasing value of oil to save the money And also control the air pollution.

Nowadays need to control Ari pollution because air pollution is damaging our life so air pollution also controls and minimize to this method followed.

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.

Thank you.