How to Deal with High Oil Prices?
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
149 comments Page 9 of 15.
Pramod kumar said:
9 years ago
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.
(3)
Anup kumar said:
7 years ago
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.
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.
(48)
Glan said:
9 years ago
Oil is an exhaustible resource, its prices are increased mainly due to more demand. We people can reduce demands by some methods, mainly, by using electric vehicles; bicycles for distances below 2 KM etc. There are other reasons which cause more demand indirectly. They are, using fewer mileage vehicles, over-speeding, keeping the engines running at traffic signals etc. Becoming a responsible citizen will help in dealing with this problem.
(13)
Hari said:
9 years ago
Oil prices are high because of low production and high consumption. Sometimes this increase also depends on oil producing countries. So if we are able to consume less oil there is a very good chance of using oil efficiently and at reasonable rates. One can use bicycles for the shorter distance. People should use public transportation instead of their vehicles. This not only ensures how to deal with high oil prices but also with pollution.
(29)
Kalinga said:
9 years ago
Hi, everyone.
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.
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.
(9)
Pallavi said:
9 years ago
We are discussing the topic "How to deal with high oil prices". First of all, I just want to tell all of you whenever scarce resources are available it will have more demand and consequently increase the price. Hence only the one option is left to us low consumption of oil. Coming to the public part it can be done through by using more government transportation facilities and also reduce the use of vehicles to the maximum extent.
(3)
Shekhar said:
9 years ago
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.
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.
(4)
M.kavipriya said:
8 years ago
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.
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.
(9)
Shubham said:
9 years ago
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.
(10)
Deepak said:
9 years ago
Hi, everyone,
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.
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.
(33)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers