How to Deal with High Oil Prices?

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.

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.

Hi friends,

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.

Thanks.

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.

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.

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.

I think that the government alone can do very little to reduce the oil price. It's the consumers who need to understand that if we keep on using oil at the present rate then our future generation will face a huge scarcity and also excessive use of oil is leading to pollution and global warming. So my point is that we need to cut down the usage of oil by,

1. Using public transport more
2. Using solar energy whenever possible
3. And using cycles while going markets near our home, this will also help to improve our health.

Hello friends,

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?

Hello friends,

I respect all of your thought about this, but in my point of view, I summarize the following points.

1. Oil is a non-renewable resource so we have to conserve it.

2. We find some new ideas that automatically reduce the price of oil like electrical vehicles, use public transportation as possible as, uses cycle etc.

3. Oil price can not be reduced because it is a limited resource and also increasing the population. So it is our responsibility that we can use it in an effective way.

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.