“Crude oil reserves are limited all over the world. If people continue to extract at the present rate, the reserves would last only 35-40 years more.” Crude oils are produced in thousands of years by the decomposition of organic matter under the surface of the earth under extreme temperature and pressure. The production rate of these reserves is very slow in comparison to the extraction rate by the human beings. Because fossil fuels are basic for every industry as well as vehicles, with the rapid development of Industries this rate has jumped and multiplied. Ways to solve it:
(i) Judicial use of available resources : We need to ensure that the available resources are used in a very judicious way and not wated.
(ii) Finding Substitutes: We need to evolve substitutes like solar energy and wind energy , which are clean ,green and renewable.
(iii) Creating Awareness: We require to educate th new generation about conservation of resources and aiming towards sustainable development.
