We all of are using a personal vehicle like a moped, Bike, Car for our routine work like going to the office, school. College, shopping, travel out of city etc. We also use Public Transportation for mass travel and transport good. To run our vehicle we need to feel up with fuel according to our vehicle. Industry having same demand also.
We do not produce any new Crude oil within a short span of time say like next 30-50 year. As population growth rises on the earth its use also increases. We know we have very limited natural resources for Crude oil base product like Petrol, Diesel or Natural gas which can serve to our generation.
Right now whatever quantity crude oil is available on the earth we have to fulfill human community requirement within that.
Due to the emergency in Middle East country, it creates the scarcity of oil-based product around the world. Because this country plays a major role to supply the crude oil products to rest of world. This scarcity increases the price of petrol, diesel. On another side, the used product is also increasing day by day.
We must think about the other resources like Solar Energy, Wind Energy side to lighten dependency on crude.
Think about it.