Friday, December 18, 2009

How to stop increasing oil price, and who are main sources to stop high oil price,?

Now a days world oil price gone up due to high price of oil. Poor people economic is very low and not surviving their life.How to stop increasing oil price, and who are main sources to stop high oil price,?
Darth is right except he left out the one factor that is under our control. If the US reduced our oil use we could have a major impact on world oil demand, and reduce the price. See consumption figures below.


United States: 20,730,000 bbl/day


China: 6,534,000 bbl/dayHow to stop increasing oil price, and who are main sources to stop high oil price,?
1. Increasing demand from china and developed countries


2. Violence and instability in the Middle East


3. Declining reserves of easily accessible oil





Can't change 3., can't really do anything about 1.,


and good luck fixing 2.

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