Thread: review on petroleum price

petroleum price seems to be ridiculous. about 100 usd per barrel. when i started driving last 8 years, it was only 62 usd. if this continues, i cant imagine how much we should pay.

stock for this product are always decrees..that way the price will increase...also this situation happened because of speculator

Surely in future the prices per barrel will rise and there is a urge in the international organisations and countries to develop alternatives to petrol or diesel. But alternatively they can go for hydrogen cars. And how long do you think we can sustain using hydrogen cars. May be another 20 years. Then it will also lose its resources and again a war like situation will be created for the energy resources to be captured.

It's high time that we need to look for alternative fuels to petrol, as the price of petrol is reaching so high that common men like us are suffering due to it. The other reason to look for alternative fuel would be also due to the ill-effects that is creating to this planet earth. Now all major oil companies have started spending money on researching and developing earth friendly fuels like biofuels and some have even started to use it.

Originally Posted by xwhyz

It's high time that we need to look for alternative fuels to petrol, as the price of petrol is reaching so high that common men like us are suffering due to it. The other reason to look for alternative fuel would be also due to the ill-effects that is creating to this planet earth. Now all major oil companies have started spending money on researching and developing earth friendly fuels like biofuels and some have even started to use it.

what about solar and biofuel...but biofuels actually don't efficiency because the car producer not to agree used this fuel

biodiesel..? say no!
why? more people will get starving as farms are used for making biodiesel.
according to humanitarian, "a tonne of corn used to extract few liter of biodiesel as such amount of corn can feed 1 starving african boy for a year".

it's start 55 usd / barrel...now around 99 usd and maybe more than 100 usd next year..can be shock for everyone..especially moderate and poor consumer also our bussines who are in industry construction..the conclusion petroleum price can make all the thing in world become expensive

unless we can start using H2O as an alternative source.
heard that it has already invented..
by pulling apart both +ve and -ve ions..
some use to charge the battery and the exhaust while exhale the balance drinkable water. but also heard that the technology has been bought buy tycoon petroleum company to keep their business safe.

Many alternative fuels are commming in market right now and i think you dont need to worry about the petrol as our present car would soon run on alternative fuels which would be much cheaper and eco - friendly.

Originally Posted by Fuzzy

Many alternative fuels are commming in market right now and i think you dont need to worry about the petrol as our present car would soon run on alternative fuels which would be much cheaper and eco - friendly.

It would take a lot of time before we can see alternative fuels comming into India. I am sure it would take another 4-5 years before we could really see it.

Alternative fuels are the future and these are the fuels types which people would be looking forward to as the present fossil fuels prices are skyrocketing which is something which is putting burden on normal person pocket.

Alernative fuels are surely going to put a stop to the high rising petrol prices but i was just wondering one thing and that is how much time would it take to get these alertative cars fuels on road.

petrol prices are going to be more high in coming time. I think it would be nice if governemtn also do its best to get the alternative fuels rolling in india.

Really we know the Petroleum prices are very high and it will become a hard topic in every life.The price of crude oil is so less compare to Petroleum.