Economy, asked by Hahao, 1 year ago

How to save fyel for better future limit word 1500

Answers

Answered by lakshya6
1
Fuel shortages keep occurring in the world from time to time. Most countries have to import fuel to meet their needs. The countries which export fuel are the OPEC nations (those in the Middle East) Venezuela, Russia, etc. Apart from shortages, the price of fuels also fluctuates wildly depending on availability. In India and the US, fuel is sold at subsidized rates. They are heavily dependent on OPEC nations for supply. OPEC nations reduce fuel production to shore up their profits whenever supply exceeds demand and prices fall.

On such occasions, oil dependent countries are badly affected. In 2008, a similar scenario arose and prices shot up so much that it created a panic. Long queues were seen outside petrol bunks and there were fewer vehicles on the roads because there was no fuel to tank up on. In a way it was a good thing because there was less pollution and traffic jams.

But the real danger in consuming fuel thoughtlessly is that it dries up the earth’s resources. Fossil fuels like coal and oil and gas are non-renewable resources. In other words, increasing usage depletes their presence within the earth. So there will come a time when they will no longer be available. The answer is to develop alternative and renewable sources.

I think it sufficient..
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