Solution that solve oil crisis

According to the author in "Oil price and depletion", the unstable situation of the oil price is connected to political problems. And also the author mentioned many countries as examples; for example, Russia, Caspian countries and U.S.A. In Russia's case, they face a shortage of food and it makes many trade problems, so finally the oil price increases. Furthermore, there is war in Caspian because of oil. And we can see that the coinciding of oil and gas shortages makes many problems in America. For a long time, oil has supported our economy, but nowadays a bad situation has been made by the oil crisis, and sometimes it is used for political purposes.

Oil affects not only our economy but also political parts. But instability of oil prices has bad effects to our life. So for those reasons, we should try to solve the oil crisis.

The first solution is that OPEC countries should provide sufficient oil. Like this article said, discord of supply and demand makes increasing of oil price. Actually, oil is motive power of economy to most POEC countries. So it is natural behavior that they use oil to politic. But they also can't deny that their wrong behavior has bad effects on the world, so it can be a solution that they increase of oil production in OPEC countries.

The second solution is to save oil. Oil is a nonrenewable resource. So it means it disappears after we use it. And also w ehave limited time to use oil, because the amount of oil is fixed. Furthermore it makes environmental problems, for example, air pollution and acid rain. Crucially, oil makes war, trouble with other countries, and economic problem. So for those reasons, we should use renewable and natural energy to save oil.

The third solution is developing substitute resources. The amount of oil is limited, so it means that someday, it will not remain on the earth. So we should prepare for our future. There are many suggetions about substitute resources; vegetable oil, fish oil, and alcohol. But hydrogen is the best substitute energy. There are many benefits, but it has few defects. It doesn't let out pollutant substances. We also can get it easily and it has efficiency. So for those benefits, many scientists study hydrogen energy and hydregen cars.

Oil is a very important thing to our lives, but it brings many problems. Especially, the oil crisis is a big problem. So we should solve oil problems. In the article, the author explains bad effects of oil depletion and crisis. Through the article, we can figure out the serious situation of the oil problem. And there are 3 solutions. The first is increasing of oil priduction of OPEC countries; it helps the consistency of supply and demand; we should save oil; and we should use reneable energy rather than using oil. And through studying about substitute resources, we can prepare for our future.

Reference :
Campbell, C.J. Oil price and Depletion. (2000, June 6). Ecosystem. Retrieved on July 7, 2008, from: http://www. oilcrisis.com/news/article.asp?id=1083&ssectionid=0