How to Deal with High Oil Prices?

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.

Hi guys,

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.

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.

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.

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.

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.

HELLO EVERYONE.

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.

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.

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.

Hello everyone.

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.