Oil Supplies Get Exhausted

Topics: Peak oil, Renewable resource, Non-renewable resource Pages: 2 (765 words) Published: May 6, 2013
Imagine if oil supply is get exhausted how will it effect your life style? Answer:
This is very serious matter of exahausting of oil supply this exhausting will disturb our daily routine of kitchen or in vehicles.

The truth is that there is more effort being put into keeping the energy supply as it is than making healthy alternatives. there is a great deal of power concentrated in the hands of a few people as things stand. they know we will eventually run out of oil. In the meantime however they will make hay while the sun shines. there is absolutely no doubt that fossil fuels and lubricants will be replaced with far better and less polluting alternatives, As soon as we have made all the money we can out of the stuff that is in the ground. The situation today is centered around greed, and power.

he impact that an exhausted oil supply would have on our lifestyle largely depends on our ability to rely on alternative sources of energy. For example, even though solar energy is largely becoming a popular method of creating a renewable source of power, the unreliable nature of the weather and the limited amounts of electricity that solar technology can produce are setbacks that scientists face at present. As you can imagine, transportation would be the main area that would be affected through a shortage in oil, and this is because this valuable commodity is refined in order to make the petrol we use to fuel our cars.

It’s also worthwhile to note the financial impact that it could have on our lifestyle. At the moment, although fuel prices are high, electricity prices are relatively modest. However, have you ever considered what an upsurge in demand for electricity would mean for the prices that are levied onto us by energy companies? From an economics perspective, if demand for electricity outstrips supply, prices will continue to rise and this could mean that we will be more selective over watching the TV, surfing the Internet or having lights on in the...
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