The
Organisation of Petroleum Exporting countries(OPEC) has speculated
that in next month production of crude oil would not be increased
and as a result its prices touched $100 per barrel mark. Prices
of crude oil on Tuesday registered 5 per cent increase. Last
time when there was hike in price of crude oil the petrol
and diesel price in India had been increased by two and one
rupee. This had resultant increase in prices of essential
commodities. With the hike in petro products transportation
has become dearer. Seeing the rising prices of crude oil in
international market, additional precautions are necessary.
Otherwise, prices would be increase unwantedly. First way
of checking any increase in petro products prices is to reduce
consumption of oil and we should not be extravagant. Most
of the petro products are used at government level and to
lessen it the use of vehicles should be controlled. In most
of the western countries, officials and employees are brought
to and fro by bridge system. Under this scheme only one vehicle
is used to carry the officials. This system is to be implemented
in India too. Along with this private vehicles should be used
rarely. Use of metro trains and buses should be increased.
Bus or train facilities should be extended for the same so
that people may give importance to public vehicles rather
than using private vehicles. Traffic system should be provided
with necessary facilities so that the people are attracted
towards it automatically. Alternative energy sources should
also be searched so that pressure on petro products could
be lessened. The government should think on this matter seriously
and initiate steps accordingly.
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