Like our basic needs as water, air and food to stay alive in this strange world of poverty, unemployment, conflicts, and
political interference. Oil is becoming one of our major daily needs.
It is practically used in every sphere of our daily needs.
It is used in automobiles, industries, railways, airways and waterways.
Another most significant use of oil is used in making LPG, i.e. cooking gas.
It is making a huge impact on the global economy. Rise in oil prices leading to inflation. It is a major factor in the rise in prices of goods. Rich people are mostly getting its advantage. And the poorer are becoming poor; there is shortage in supply of products. This leads to high demands. These are pressurizing our economy. And hence, the government is
finding difficulty to tackle the problem. Individual household expenses are increasing. They are finding difficulty in saving money. They are feeling insecure. These are producing a wide gap between rich and poor.
There is also huge impact on many economies of
nations.
Some nations are poor, and some are rich. These lead to difference in import of oil and export of oil. This is bringing conflicts between different nations, and their governments.
There is a huge demand of oil globally. Some nations are trying to capture the richly populated areas of oil. And therefore, there is occurring disagreements between governments, and hence wars between them.
The nations are taking different types of strategies to tackle the situations, on how to conserve oil and its low use; how to protect it from enemies.
There is taking place different types of research; and finding out of different sources of oil.
How to conserve this liquid gold and to find its alternatives is a current topic today.
The book also reveals on how the big consuming nations like China and India are making plans to handle oil diplomacy.
Thus, make the planet to conserve its liquid gold.