How to Deal with High Oil Prices?

Hello,

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.

Thank you.

Hello friends.

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.

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.

Thank you!

Hello friends,

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.

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.

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.

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.

Hi.

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.

Thank you.

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.

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.