Gas Price as a Real Problem - Essay Example

A vast majority of machines in different industries are powered by gas. Apart from the industrial utility of gas, it is an extremely important element of the modern age lifestyle. In the contemporary age, there is massive consumption of gas even on the domestic level. We use gas heaters, gas ovens, gas stoves, and gas lamps. In addition to the in-house consumption of gas, a vast majority of vehicles on the roads use gas as a secondary fuelling source that works as efficiently as petrol does.

The voluminous increase in the use of natural gas does not accord with its declining natural reserves. There is an inverse relationship between the two. Gas prices have risen almost all over the world in the past few years. Much of the rapid increase in gas prices that have occurred in recent years can be attributed to the inverse relationship between gas production and consumption rate. The current rate of gas consumption is alarming, and gas prices are likely to increase further if the current consumption rates sustain over the next few years.

Solution:
The solution to this problem lies in the wise utilization of the remaining gas. It is not advisable to completely stop the use of gas stoves or gas ovens because no alternative has yet been realized that would give better or even the same results as gas stoves or ovens do. All that can be done in this regard is that everyone should be careful in the use of gas. Everyone should ensure that he/she does not waste gas, and consumes only the volume that is truly required. President Obama truly said, “We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK” (Anon., 2010). Apart from domestic uses, more practical steps can be taken to reduce gas consumption. For example, vehicles that consume gas can be replaced with bicycles. Bicycles can be driven without fueling them with gas, and they also fulfill their purpose.

Natural gas has raised manifolds in price in recent years. Its uses have far exceeded its availability. An effective solution to the problem of exaggerated gas prices can not be found unless everyone commits to play his/her respective part in the plan. One way in which gas prices can be lowered is by replacing cars with bicycles, because a significant, if not the largest, portion of gas is consumed by vehicles today. Read More