Although the prices of fuels have greatly increased over the last decade or two, it is argued that further increases in fuel prices are the only way to reduce world consumption of fuel and lessen pressure on the world’s fuel resources. To what extent do you agree or disagree with this statement?

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Oil, gas and coal are all non-renewable resources.
This
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is known worldwide, as well as the fact that society lives above its demands. Even though
fuel
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prices have increased significantly over the
last
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decade, consumption will still cause these resources to run out eventually. It has been argued that the only way to decrease the
usage
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of
fuel
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is to
further
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increase the prices. Currently, most people think in the present and do not consider the future enough.
Therefore
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, to affect people in their everyday lives,
fuel
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prices ought to be raised. It is theorised that
this
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will significantly decrease fossil
fuel
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usage
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, as economic impact will be forced onto current users. It is necessary that
fuel
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prices are high enough to immediately decrease the wealth of a family and make more people switch to public transport. Critics of
this
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would argue,
however
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, that society’s fossil fuels,
such
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as petrol for cars, have an inelastic price and that price
hikes
Suggestion
hike
would have no effect other than increasing tax and oil company revenues.
In addition
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, a significant increase in prices would not only impact each individual, but
also
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a whole economy.
Fuel
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prices are not only linked to transport,
for example
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, but
also
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to food production, home heating and entertainment. A rise in prices in all these areas would seriously affect the standard of living of families with limited income and would mean the poorer parts of society would become even poorer. In conclusion, while raising
fuel
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prices is one of the most commonly-discussed solutions to
fuel
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usage
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problems,
this
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answer includes too many negative variables. Certainly, increasing
fuel
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prices would create a small reduction of transport
usage
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, but the far-reaching effects would be unfair and unsustainable.
Submitted by ivanna07 on

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